Comparison
ANNA Money vs Mercury
A side-by-side look at ANNA Money and Mercury — pricing, regions, integrations, pros and cons. Use the recommender if you'd rather have an AI pick for you.
ANNA Money
Business account and tax app for small businesses.
ANNA is a UK business account with invoicing, tax calculation and bookkeeping for sole traders and small companies.
Mercury
Banking built for startups.
Mercury is a tech-forward business bank for startups, offering checking, savings, treasury, debit cards and the IO charge card with up to 1.5% cashback.
Side-by-side
| Spec | ANNA Money | Mercury |
|---|---|---|
| Tagline | Business account and tax app for small businesses. | Banking built for startups. |
| Headquarters | London, UK | San Francisco, USA |
| Founded | 2017 | 2017 |
| Regions | UK | US |
| Card type | Mastercard debit | Debit + IO Credit |
| Pricing | Free Pay As You Go; Business £19.90/mo; Plus £49.90. | Banking free; Mercury IO requires $25k+ avg balance. |
| Rewards | Cashback on premium plans. | 1.5% cashback on Mercury IO. |
| Best for | UK sole traders, Micro-businesses | US-incorporated startups, VC-backed companies, Remote founders |
| Integrations | Xero, QuickBooks | QuickBooks, Xero, NetSuite |
ANNA Money: pros & cons
- Tax-first product
- UK-only
- No credit
Mercury: pros & cons
- Best banking UX for startups
- No monthly fees
- Strong treasury product
- US incorporation required
- Not a traditional bank — partner bank model