Mercuryo
Mercuryo is a London-based B2B crypto payments infrastructure provider founded in 2018, offering fiat-to-crypto on-ramp, off-ramp, co-branded Mastercard debit cards and merchant checkout to 500+ wallets, exchanges and merchants across 150+ countries via a single API.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Mercuryo does
Mercuryo is a London-headquartered, privately held fintech founded in 2018 that operates global crypto payment infrastructure serving over 500 B2B partners across 150+ countries. The company was originally launched as a consumer wallet to buy crypto with bank cards, then pivoted in 2019 to become an infrastructure-first B2B provider; it is currently led by co-founder and CEO Petr Kozyakov alongside co-founder and COO Greg Waisman, with a 300-person remote-first team distributed across 30+ countries and offices in Cyprus (operational HQ), London (UK EMI), Valencia, Zagreb, Novi Sad, Denver and Vancouver.
The platform is built around three interconnected products that share underlying KYC, compliance and payment rails. On-Ramp is the flagship fiat-to-crypto widget embedded inside partner apps via API, iFrame, SDK or WebView, supporting 150+ countries, 70+ cryptocurrencies across 14 chains, and 10+ payment methods including cards, Apple Pay, Google Pay, Revolut Pay, bank transfers and local methods; key features include native Apple Pay with biometric authentication, Passkey login, recurring purchases, and automated over/under payment resolution. Spend is the co-branded Mastercard virtual and physical debit card program that lets partner wallets issue cards accepted at 150M+ merchants via Apple Pay and Google Pay, with multi-chain support and instant issuance. Mercuryo Pay provides merchant checkout, business wallets, mass payouts and on/off-ramp capabilities for marketplaces, e-commerce, private aviation, real estate, media, luxury goods, forex brokers and similar verticals. Visa Direct integration (January 2026) adds near real-time crypto-to-fiat payouts to Visa cards, and the Mastercard Crypto Credential program makes Mercuryo the inaugural identity verification issuer for self-custody wallets.
Mercuryo generates revenue primarily through transaction-based take rates (3.95% for buying virtual currencies, 3.95% with a 4 EUR minimum for bank card off-ramp, 4% with a 4 EUR minimum for Pix payments, with credit card fees cited in the 3.95%-4.95% range) plus B2B quote-based enterprise contracts. Customer segments span self-custodial and custodial wallets (MetaMask, Trust Wallet, Ledger, Tonkeeper, Tangem, Trezor/Invity), DEXs and aggregators (PancakeSwap, 1inch), centralized exchanges (Bybit, BitMEX, Bitget, CoinEx, Bitfinex), merchants and marketplaces via Pay, and individual buyers via the self-serve widget. The company reports €2B in cumulative transaction volume processed and 12M+ KYC'd users onboarded, operates under five regulated entities (FCA EMI in the UK, FINTRAC MSB in Canada, HANFA in Croatia, Bank of Spain registry, and MiCA-ready), and has raised $7.5M in disclosed venture funding via a 2021 Series A led by Target Global.
Mercuryo firmographics
Firmographics- Name
- Mercuryo
- Legal name
- Mercuryo (trading name; legally MONEYMAPLE TECH LTD., MONETLEY LTD., MONEYTEA LTD., MONEYSAIL D.O.O., MONEYCHURROS S.L., and parent MRCR Holdings Limited)
- Website
- https://mercuryo.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Mercuryo is a London-based B2B crypto payments infrastructure provider founded in 2018, offering fiat-to-crypto on-ramp, off-ramp, co-branded Mastercard debit cards and merchant checkout to 500+ wallets, exchanges and merchants across 150+ countries via a single API.
- Ownership category
- akta.pro rank
Mercuryo industry classification
Industry- Product category
- Crypto Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (522210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Payment Gateways & Checkout APIs (FSADAIAA)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)
Keywords
Where Mercuryo is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices7 records
Markets served
Mercuryo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Fiat-to-crypto purchase fees: Percentage-based fee charged on each fiat-to-crypto purchase (typically 3.95% for buying virtual currencies, with disclosed tiers before transaction; some sources cite a 3.95%–4.95% range for card transactions). Fees deducted at transaction time.
- Crypto-to-fiat off-ramp and transfer fees: 3.95% fee (minimum 4 EUR) on bank card transfers, 4% (minimum 4 EUR) on Pix method payments, plus dynamic network/transaction pass-through. Off-ramp coverage now extends to Visa Direct rails via partnership.
- Mercuryo Spend (co-branded card program): B2B revenue from issuing co-branded virtual and physical debit cards (multi-chain, Apple Pay / Google Pay compatible) to wallet partners, with card customization and plug-and-play integration.
- Mercuryo Pay (merchant checkout and mass payouts): Revenue from crypto and fiat checkouts, business wallets, mass payouts and on/off-ramp for marketplaces, e-commerce, private aviation, real estate, media & ads, luxury goods, forex/CFD brokers, eSIM, subscriptions and mining equipment vendors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Buying virtual currencies: 3.95% per transaction (disclosed before order). |
| Transaction based/ take rate | Pay-as-you-go | Bank card off-ramp: 3.95% with 4 EUR minimum. |
| Transaction based/ take rate | Pay-as-you-go | Pix method payments: 4% with 4 EUR minimum. |
| Transaction based/ take rate | Pay-as-you-go | Card transaction fee range cited by third-party reviews: 3.95%–4.95%. |
| Other | Multi-year contract | B2B pricing: tailored quote after sales qualification. |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
Mercuryo product offering
Product offeringCore offering
Mercuryo operates a global crypto payments infrastructure that lets businesses embed fiat-to-crypto purchases, crypto-to-fiat off-ramps, co-branded debit card issuance, and merchant crypto checkout inside their own apps via a single API, iFrame, SDK or WebView. Its three core products are On-Ramp (fiat-to-crypto widget supporting 150+ countries, 70+ tokens and 10+ payment methods), Spend (white-label crypto debit cards accepted at 150M+ Mastercard merchants), and Mercuryo Pay (merchant checkout, business wallets and mass payouts).
Product overview
Mercuryo operates as a global payments infrastructure platform built around three interconnected products that share underlying KYC, compliance, and payment rails. On-Ramp is the flagship fiat-to-crypto on-ramp widget for Web3 apps, serving as the entry point into the ecosystem with 150+ countries, 70+ cryptocurrencies, and 10+ payment methods. Spend is the co-branded crypto debit card product that lets partners issue Mastercard virtual/physical cards for spending crypto at 150M+ merchants. Mercuryo Pay is the merchant-side payment solution offering checkout, business wallets, mass payouts, and crypto/fiat settlements for businesses adopting crypto. Together, the three products form a full-stack crypto payments layer spanning fiat on-ramp access, in-app commerce, and card-based spending.
Differentiator
Problem solved
Functional benefit
Brands
- Spend: Co-branded virtual and physical crypto debit cards enabling users to spend crypto from connected wallets, with multi-chain support, Apple Pay and Google Pay compatibility, and instant card issuance.
- On-Ramp
- Mercuryo Pay
Products and services
- On-Ramp Native-looking fiat-to-crypto on-ramp widget that lets users buy crypto inside partner apps without external redirects. Supports 150+ countries, 70+ cryptocurrencies, 10+ payment methods including cards, Apple Pay, Google Pay, Revolut Pay, bank transfers, and local methods, with built-in KYC, licensing, compliance, fraud monitoring, and recurring purchases.
- Spend Co-branded crypto debit card product for wallets and Web3 companies, offering virtual and physical cards compatible with Apple Pay and Google Pay. Supports 70+ cryptocurrencies across 30+ chains with instant card issuance and acceptance at 150M+ merchants worldwide via the Mastercard network.
- Mercuryo Pay Business payment processing solution offering crypto and fiat settlements, business wallets, mass payouts, on/off-ramp capabilities, and over/under payment resolution. Designed for marketplaces, digital agencies, eCommerce, wallets, and other businesses adopting crypto, serving private aviation, media and ads, real estate, e-commerce, luxury goods, forex/CFD brokers, eSIM, subscriptions, and mining equipment vendors.
Quantifiable outcome
- €2B (two billion) in total transactions volume processed
- +5 more outcomes
Companies that use Mercuryo
Customer profileNamed customers19 records
Segments6 records
Ideal customer profiles5 records
Mercuryo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration23 records
Feature7 records
Mercuryo partnerships and signals
Strategic signalScale indicators14 records
Recent moves9 records
Expansion highlights6 records
Mercuryo competitors and assessment
Company assessmentDirect peers
- MoonPay: MoonPay is a leading fiat-to-crypto on-ramp provider offering cards, Apple Pay, Google Pay and bank transfer purchases across 160+ countries; it competes head-on with Mercuryo's On-Ramp product for the same wallet and exchange integrations (e.g., MetaMask, Trust Wallet, Ledger).
- Ramp Network: Ramp Network (formerly Ramp) provides a fiat-to-crypto on/off-ramp API and widget integrated into wallets and web3 apps, with comparable coverage of payment methods and tokens; it is one of Mercuryo's closest direct competitors in the embedded on-ramp category.
- Transak: Transak offers a fiat-to-crypto on-ramp API/SDK serving 350+ web3 apps including major wallets and DEXs, with similar KYC/risk scoring and multi-method coverage; it directly competes with Mercuryo for wallet integrations and developer mindshare.
- Alchemy Pay: Alchemy Pay operates a crypto payment gateway spanning fiat on/off-ramps and merchant checkout across 170+ countries; its dual focus on consumer on-ramp and merchant payment acceptance overlaps directly with Mercuryo's On-Ramp and Mercuryo Pay products.
- Banxa: Banxa is a regulated fiat-to-crypto on/off-ramp and payment service provider listed on the TSX, serving exchanges and wallets with global payment method coverage; it competes with Mercuryo for the same exchange B2B pipeline.
- BVNK: BVNK provides fiat and stablecoin payment infrastructure for businesses, including on/off-ramps and mass payouts; its B2B focus on exchanges and fintechs overlaps with Mercuryo Pay's merchant and exchange use cases.
Emerging players
- Onramper: Onramper aggregates multiple on-ramp providers behind a single API, giving wallets and exchanges a switcher over providers like Mercuryo; it is an emerging competitor in the same integration channel Mercuryo dominates.
- Coinme: Coinme is a US-licensed crypto on/off-ramp and ATM operator whose Crypto-as-a-Service platform powers Mercuryo's US launch; it is both a US distribution partner and a potential competing on-ramp provider domestically.
Broad incumbents
- Coinbase: Coinbase is a publicly listed crypto exchange that runs its own USDC on-ramp within MetaMask in partnership with Mercuryo and offers competing fiat rails; as a broad incumbent it is both a customer and a potential competitive threat.
- Stripe: Stripe is a global payments incumbent that has expanded into stablecoin settlement and crypto on-ramp partnerships; its enterprise distribution and regulatory reach make it a broad competitor in fiat-to-crypto payment processing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mercuryo social profiles
Digital presenceMercuryo compliance and trust
Trust signalCompliance6 records
Mercuryo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mercuryo leadership team
Management profileNumber of profiles
Profiles16 records
Mercuryo subsidiaries and ownership
Company hierarchySubsidiaries7 records
Mercuryo funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mercuryo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mercuryo
What does Mercuryo do?
Mercuryo operates a global crypto payments infrastructure that lets businesses embed fiat-to-crypto purchases, crypto-to-fiat off-ramps, co-branded debit card issuance, and merchant crypto checkout inside their own apps via a single API, iFrame, SDK or WebView. Its three core products are On-Ramp (fiat-to-crypto widget supporting 150+ countries, 70+ tokens and 10+ payment methods), Spend (white-label crypto debit cards accepted at 150M+ Mastercard merchants), and Mercuryo Pay (merchant checkout, business wallets and mass payouts).
Is Mercuryo a public or private company?
Mercuryo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mercuryo founded?
Mercuryo was founded in 2018. It employs 251 to 500 people.
Where is Mercuryo based?
Mercuryo is headquartered in London, United Kingdom, in the Europe region.
How does Mercuryo make money?
Four revenue lines are on record. Fiat-to-crypto purchase fees are the primary driver. The others are crypto-to-fiat off-ramp and transfer fees, mercuryo Spend (co-branded card program) and mercuryo Pay (merchant checkout and mass payouts).
Who are Mercuryo's main competitors?
Direct peers on record are MoonPay, Ramp Network, Transak, Alchemy Pay, Banxa and BVNK. Emerging players are Onramper and Coinme. Broad incumbents are Coinbase and Stripe.
Does Mercuryo have an API?
Yes. Mercuryo offers a developer-facing API, iFrame, and SDK toolkit that lets businesses integrate fiat-to-crypto on-ramp, off-ramp, payment processing, KYC, and recurring purchases natively or via Webview. Integration options include pre-built iFrame widgets for web and mobile, full API control for custom flows (user flow, KYC, purchases, payments), and embedded WebView method. The API supports cards, bank transfers, Apple Pay, Google Pay, Revolut Pay, and other payment methods across 150+ countries with local currencies. Documentation includes React Native code samples demonstrating WebView-based widget integration with the widget_id parameter for customization. Developer documentation is at api.docs.mercuryo.io.
What industry is Mercuryo in?
Mercuryo's product category is Crypto Payment Infrastructure. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 522320 and its SIC code is 6200.