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Mercury Gets $100 Million Credit Warehouse for Corporate Card Business

  • FinTech company Mercury secured a $100 million credit warehouse with Natixis Corporate & Investment Banking to grow its corporate credit card business.
  • Mercury's IO World Elite Mastercard has become the most used corporate card among its customers.
  • The credit warehouse facility will allow Mercury to extend credit to more customers and scale its business sustainably.
  • Mercury has added new features to its cards, including merchant-locked cards and custom mapping rules for card transactions.

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