USD-global payments
no US entity required.
Mercury is excellent US startup banking - but it requires a US-registered entity. If your company is incorporated outside the US (a UK Ltd, Singapore Pte Ltd, Canadian Corp, or EU GmbH), Mercury won't accept you. Endl accepts non-US entities, holds USD, EUR, GBP and CAD plus USDC and USDT, and settles globally in under 60 seconds at a 0.5% off-ramp.
At a glance
Which one is right for you? Start here, then dig into the detail below.
- Are incorporated outside the US (UK, EU, Canada, etc.) and can't open Mercury
- Want USD, EUR, GBP and CAD accounts plus USDC/USDT
- Need settlement in seconds, 24*7*365, including weekends
- Pay or get paid across emerging markets (160+ countries)
- Want stablecoin rails Mercury doesn't offer
- Want a 0.5% USD off-ramp with no FX spread on USD-to-USD
- Want self-custody of your funds
- Need online-only onboarding without a US address
if you- Have (or will form) a US-registered entity with real US operations
- Want FDIC insurance up to $5M via partner banks
- Need US domestic ACH, checks, and wires for US-resident teams
- Want Mercury's treasury and venture-debt products
- Bank primarily in USD within the US ecosystem
- Have US customers, US investors, or USD revenue tied to US banking
- Want a startup-focused US banking interface
Six places Endl and Mercury differ
Where the underlying rails change what the product can do.
Eligibility: non-US entity vs US-only
Endl accepts businesses incorporated in supported non-US jurisdictions - no US entity or US address needed. Mercury requires a US-registered entity with real US operations; a non-US company is not eligible regardless of the founder's nationality.
Rails and settlement: stablecoin vs US bank rails
Endl settles USDC/USDT on-chain in under 60 seconds, 24*7*365. Mercury uses ACH (same-day) and SWIFT (1–3 business days).
Insurance and custody
Endl is not a bank: balances are stablecoin-backed, not FDIC or CDIC insured, with self-custody available. Mercury offers FDIC coverage up to $5M via its partner-bank network, with no self-custody.
Currencies and stablecoin
Endl holds USD, EUR, GBP and CAD plus native USDC/USDT. Mercury is USD-primary with no stablecoin support.
Global reach and emerging markets
Endl reaches 160+ countries via stablecoin rails that bypass correspondent banking. Mercury is US-focused with limited emerging-market reach.
Pricing and off-ramp
Endl charges a 0.5% USD off-ramp with no FX spread on USD-to-USD and no monthly fee. Mercury has no monthly fee but no stablecoin off-ramp.
Endl vs Mercury, side by side
The same capabilities described on both products, in their own terms.
How long does a transfer take
Typical settlement times across six everyday scenarios.
What it costs
Both are free to open with no monthly subscription. The difference is the fee chain on each payment.
Worked example: receiving USD 5,000 and paying a vendor abroad
Endl is not a bank and balances are not FDIC or CDIC insured. Mercury provides FDIC coverage via partner banks but requires a US-registered entity.
Pricing plans
- USD, EUR, GBP, CAD accounts
- USDC / USDT balances
- Off-ramp from 0.5%
- Stablecoin-funded Visa card
- Self-custody available
- Multi-currency treasury
- API, webhooks, on-chain hooks
- Bulk payouts and payroll
- Preferred off-ramp rates
- Dedicated onboarding
Free- US business checking
- Free ACH + domestic wires
- FDIC up to $5M (partner banks)
- Requires US entity
- Treasury + venture debt
Non-US founders- Form a Wyoming LLC / Delaware C-Corp
- ~$500–$1,500 formation + agent
- EIN required (2–8 weeks)
- Real US operating address needed
- Then Mercury becomes viable
Mercury eligibility and features from mercury.com as of June 2026. Mercury requires a US-registered entity; verify current terms at mercury.com.
Built for different needs
Both products solve real problems. The right choice depends on how you move money.
- Non-US companies needing USD-global payments
- Businesses wanting USDC/USDT alongside fiat
- Teams paying or getting paid across emerging markets
- Treasurers needing weekend and holiday settlement
- Builders integrating on-chain payment hooks
- Anyone wanting self-custody and a 0.5% off-ramp
- US-incorporated startups (or those forming a US entity)
- Teams wanting FDIC insurance up to $5M
- US-resident teams needing ACH, checks and domestic wires
- Founders wanting US treasury and venture-debt products
- Businesses with US customers, investors or USD revenue
- Teams banking primarily within the US ecosystem
Frequently asked questions
The questions people ask most when comparing Endl and Mercury.
No. Mercury requires the business to be incorporated in the United States or a US territory. A non-US company - UK Ltd, Singapore Pte Ltd, Canadian Corp, EU GmbH - is not eligible, even if the founder lives in the US.
For USD-global payments with stablecoin rails and 24*7*365 settlement, Endl. For multi-currency fiat accounts in 40+ currencies, Wise Business. For complex multi-currency treasury and local accounts in 60+ countries, Airwallex. The right choice depends on your primary use case.
Endl provides USD, EUR, GBP and CAD accounts plus USDC and USDT, with online-only onboarding for eligible non-US entities. Unlike Mercury, Endl is not FDIC-insured (it is not a bank), does not offer US domestic ACH or checks, and has no venture-debt products. Endl's advantages over Mercury are stablecoin rails, 24*7*365 settlement, and global reach beyond the US.
Yes, for multi-currency fiat needs. Wise Business is available globally, offers local USD receiving details, and supports 40+ currencies. It lacks FDIC insurance, stablecoin support, and Mercury's startup-specific features. For receiving USD from US clients as a non-US business, Wise is one of the most practical options.
No. Endl accepts applications from businesses incorporated in supported non-US jurisdictions using their registered business address. You do not need a US operating address, registered agent, or physical US presence.
Both platforms are fully online. Mercury typically approves straightforward applications in 1–2 business days. Endl reviews applications within 1–3 business days. Complex structures may take longer on both.
From teams using Endl
In their own words.
“Our UK Ltd couldn't open Mercury. Endl gave us USD receiving details and stablecoin settlement in days.”
“We hold USDC and only off-ramp when we spend. For a non-US company that's a game changer.”
“Paying suppliers in emerging markets settles in minutes, any day of the week.”
“No US entity, no branch visit - we were live and moving USD in under three days.”
Ready to simplify your
global payments?
“Endl” is a trade name of Zayment Finance SP. Z.O.O. (Poland) and Zayment Finance Ltd. (Canada). Zayment Finance SP. Z.O.O. is a KRS-registered virtual asset service provider (VASP #RDWW-1633), and Zayment Finance Ltd. is a FINTRAC-regulated money service business (#C100000969). Custody, exchange, and banking services are provided by Endl’s regulated partner banks, financial institutions, fintechs, and custodians depending on your region. Holdings of cryptocurrencies and other digital assets are speculative and involve risk, including the risk of complete loss. Digital assets held in custody are not FDIC or CDIC insured. Figures for the compared provider are based on publicly available pricing and documentation as of June 2026 and may change.