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    Immad Akhund

    CEO & Founder of Mercury, experienced entrepreneur and software developer

    Immad Akhund is the CEO and Founder of Mercury, a banking platform for startups, crypto, and e-commerce businesses.1 He has a diverse background in entrepreneurship and technology:

    Professional Experience

    • Mercury - Banking for Startups: Akhund founded Mercury in August 2017 and currently serves as its CEO.1
    • Y Combinator: He was a part-time partner from January to December 2017.1
    • Heyzap: Co-founded and served as CEO from 2008 to 2017. The company was acquired by Fyber in 2016.1
    • Clickpass: Co-founded and served as CTO from 2007 to 2008.1

    Education

    Akhund holds a Master of Arts in Computer Science from the University of Cambridge, which he attended from 2002 to 2006.1

    Personal Life

    • He is married and a father of two children.2
    • Akhund started his family at a relatively young age by San Francisco standards.2

    Entrepreneurial Insights

    Akhund is known for sharing his experiences and insights on entrepreneurship. He has emphasized the importance of:

    • Choosing the right co-founders, stating that working with incompatible co-founders is a major factor in startup failures.3
    • Being willing to take risks and not being afraid of failure in the startup world.5

    Current Role at Mercury

    Under Akhund's leadership, Mercury has:

    • Raised over $160 million in funding
    • Acquired more than 100,000 customers2

    Akhund continues to guide Mercury through various challenges, including making difficult decisions about which countries the company can support.4

    Highlights

    Feb 5 · twitter

    1/ Mercury 2025 Annual Letter

    @Mercury 2025 stats:

    • 50% YoY growth in customers to 300k
    • 59% YoY growth in transaction volume to $248bn

    The theme of the year was expanding beyond startups: we saw 73% of new customers came from outside AI or tech startup category

    🧵 https://t.co/AOKIHkPgJg

    1/ Mercury 2025 Annual Letter

@Mercury 2025 stats:
50% YoY growth in customers to 300k
59% YoY grow
    Jan 29 · twitter

    As of Q4 2025 Anthropic is now beating OpenAI to first spend from new startups (based on Mercury spend data).

    Claude Code and Opus 4.5 has been a step change improvement and startups are the quickest to react. https://t.co/RLbZClUie1

    As of Q4 2025 Anthropic is now beating OpenAI to  first spend from new startups (based on Mercury sp
    Sep 2 · Business Insider
    These are the 10 best banks for startups, according to founders and VCs
    Aug 7 · Business Insider
    An angel investor in 350 startups, including Airtable and Rippling, says founders shouldn't copy Silicon Valley playbooks
    Immad Akhund (father of 2, co-founder and CEO, Mercury)
    Immad Akhund (father of 2, co-founder and CEO, Mercury)

    Related Questions

    What inspired Immad Akhund to start Mercury?
    How did Immad Akhund's experience at Y Combinator influence his career?
    What challenges did Immad Akhund face while founding Heyzap?
    How does Immad Akhund balance his role as CEO with being a father of two?
    What are some key lessons Immad Akhund has learned from his startup journey?
    Immad Akhund
    Immad Akhund, photo 1
    Immad Akhund, photo 2
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    Experience

    CEO & Founder at Mercury - Banking for Startups
    Part-time Partner at Y Combinator, CEO & Co-Founder at Heyzap, CTO and Co-Founder at Clickpass, Financial Software Developer at Bloomberg, Software Developer at Aquila

    Education

    Master of Arts (M.A.) in Computer Science from University of Cambridge

    Location

    San Francisco, California, United States