Comparison
Navan vs Mercury
A side-by-side look at Navan and Mercury — pricing, regions, integrations, pros and cons. Use The AI Recommends if you'd rather have an AI pick for you.
Navan
Travel and expense, reimagined.
Navan (formerly TripActions) combines a corporate travel platform with Navan Expense and Navan Liquid corporate cards — all running on a single rewards-driven booking engine.
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 | Navan | Mercury |
|---|---|---|
| Tagline | Travel and expense, reimagined. | Banking built for startups. |
| Headquarters | Palo Alto, USA | San Francisco, USA |
| Founded | 2015 | 2017 |
| Regions | US, EU, UK, Global | US |
| Card type | Charge card | Debit + IO Credit |
| Pricing | Travel free for many SMBs; Expense + cards priced per user. | Banking free; Mercury IO requires $25k+ avg balance. |
| Rewards | Travel rewards via Navan Rewards. | 1.5% cashback on Mercury IO. |
| Best for | Companies with heavy travel, Mid-market, Global teams | US-incorporated startups, VC-backed companies, Remote founders |
| Integrations | NetSuite, QuickBooks, Sage Intacct, Workday, SAP | QuickBooks, Xero, NetSuite |
Navan: pros & cons
- Best-in-class travel product
- True global card issuance
- Strong rewards
- Expense module is younger than travel
- Pricing varies by deal
Mercury: pros & cons
- Best banking UX for startups
- No monthly fees
- Strong treasury product
- US incorporation required
- Not a traditional bank — partner bank model