Mercury Applies for OCC National Bank Charter to Become the Bank for Builders [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
SAN FRANCISCO, December 19, 2025 BUSINESS WIRE Mercury , the fintech that provides radically different banking* for over 200,000 ambitious companies and individuals, today announced it has submitted its application to the Office of the Comptroller of the Currency (OCC) for a national bank charter and applied for federal deposit insurance with the Federal Deposit Insurance Corporation (FDIC). The applications mark a milestone in Mercury's evolution and a long-term investment in building a highly trusted financial foundation for ambitious companies and individuals. A charter is the next step in Mercury's pursuit of radically different banking — combining powerful software built for precision and speed with the strength and stability of a regulated institution. Mercury at a glance (as of November 2025): customers $650M in annualized revenue 3 years of GAAP profitability 1 in 3 U.S. startups use Mercury.** A charter will extend what makes Mercury distinct: a single platform
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SOFI
Earnings
- 10/28/25 - Beat
SOFI
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- SOFI's page on the SEC website