FinTech company Mercury added an artificial intelligence-native payroll solution to its offerings so that founders can pay employees and contractors from the account they already use to manage their money, the company said in a Tuesday (Oct. 20) press release.
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With AI-powered capabilities through Mercury’s AI agent, Mercury Command, the new Mercury Payroll is designed to simplify payroll tasks, reduce administrative work, and handle tax and payroll compliance needs, according to the release.
The payroll capabilities join a Mercury experience that already includes banking, cards, spend management, invoicing, bill pay, accounting and Mercury Command. The combination gives founders a complete view of their company’s finances, together with the ability to take actions through natural-language commands, per the release.
Mercury Payroll is designed to simplify tasks such as setting up payroll, taxes, benefits and compliance, Mercury Co-Founder and CEO Immad Akhund said in the release.
“In 2026, with AI we can make what was toil for entrepreneurs as easy as a quick chat,” Akhund said. “We’re launching Mercury Payroll so paying your team can feel as simple as moving money in Mercury.”
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Mercury’s customer base was initially concentrated among venture-backed startups, but it now extends across eCommerce, professional services and a broader collection of digitally native businesses , Akhund told PYMNTS CEO Karen Webster in an interview posted in June.
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