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Ignoring Silicon Valley advice to build a $3B fintech unicorn | Immad Akhund (Co-founder and CEO of Mercury)

In Depth

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Responding to Crisis: Building Trust in Fintech

This chapter explores how a fintech company responded to the Silicon Valley Bank crisis by creating Mercury Vault to enhance customer trust through extended FDIC insurance. The urgent need fostered teamwork and led to a surge in customer signups, reflecting the company's commitment to providing essential financial solutions under pressure.

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