Corporate Development Intern, Mercury
The hourly rate for candidates based in the US is $40/hr
Banking services for startups
Job no longer available
Banking services for startups
501-1000 employees
Job no longer available
The hourly rate for candidates based in the US is $40/hr
501-1000 employees
Company mission
To make scaling tech companies simpler with a personalized banking stack for startups, and power the next generation of companies that will shape the American industry.
Role
Who you are
- Candidates must be enrolled in a graduate-level academic program (MBA, JD, or other relevant advanced degrees) at the time of application
- Be currently enrolled in an MBA or other graduate program, ideally with a focus in business, finance, economics, or a related field
- Have several years of prior work experience, ideally in finance, consulting, investment banking, private equity, venture capital, corporate finance, or corporate development
- Have a demonstrated interest in fintech. Bonus for knowledge of bank and traditional financial services business models
- Be proficient in financial modeling, data analysis, and company valuation techniques
- Have experience with SQL or similar query languages and be comfortable working with large datasets and performing ad hoc data analyses
- Have experience with prompt engineering and leveraging AI tools to enhance workflows and analysis
- Have strong analytical and research skills, with the ability to distill complex information into clear insights
- Be a clear communicator—comfortable preparing written memos and presenting findings
- Be highly organized, with excellent attention to detail
- Be curious and resourceful, with a self-starter mindset
What the job involves
- Our Corporate Development team is looking for a Corporate Development Intern to join us for the summer
- As a Corporate Development Intern, you’ll work with Mercury’s Head of Corporate Development to support a wide range of initiatives that help Mercury identify, evaluate, and execute on strategic and financial opportunities. This is a highly cross-functional and strategic role, providing exposure to senior leaders and critical business decisions
- This internship is a 12-16 week, full-time, paid opportunity running between May and September 2025 with potential to continue part-time during studies
- Contribute to special projects and internal strategy initiatives, including pricing and packaging, evaluating new business models, and analyzing other critical business levers
- Support investor relations efforts, including preparing materials and data for Mercury’s investors, researching public and private market comparables, and tracking relevant industry and macroeconomic trends
- Conduct market landscapes and competitive analysis to inform Mercury’s long-term strategy
- Assist with M&A pipeline tracking, target research, and preliminary evaluations
- Help prepare presentations and memos for Mercury leadership on key strategic topics
- Synthesize industry trends and investment themes relevant to Mercury’s product and business evolution
Our take
Frustrated by the archaic, fee-laden banking services offered to entrepreneurs, the founders of Mercury set out to create a better solution. They envisioned a platform that was dynamic, tech-driven, and free from unnecessary fees.
Mercury delivers on this vision by automating business payment processes, offering FDIC-insured accounts, and providing full API access, empowering entrepreneurs with greater control and efficiency. This approach stands in stark contrast to traditional startup banking, which often burdens young businesses with high fees and limited functionality.
By prioritizing user experience and offering a free service tier, Mercury has attracted over 100,000 businesses and achieved a $1B valuation in 2021. As a rising unicorn in the stagnant world of startup banking, mercury is poised for continued growth, constantly adding new features and expanding its team to further disrupt the industry.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
50% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Mar 2025
$300m
SERIES C
Jul 2021
$120m
SERIES B
Total funding: $450.9m
Company benefits
- Health, dental, & vision
- 12+ weeks of paid parental leave
- $600 USD custom WFH equipment setup
- Unlimited vacation policy (with a mandatory minimum)
- Retirement matching up to 4% of base salary (401k/RRSP)
- Paid 6-week sabbatical after the 5-year mark
- Annual $1K USD learning & development budget
- Unlimited book budget
- Weekly $100 USD food budget
- Monthly $100 USD wellness budget
- Monthly $50 USD cellphone reimbursement
- Pet-friendly offices with free tea & lunch
Company HQ
SoMa, San Francisco, CA
Leadership
Jason Zhang
(COO)Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.
Immad Akhund
(CEO)Graduated from the University of Cambridge, then worked as a Software Developer at Aquila and Bloomberg. Also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.
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