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Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries

Digital banking startup Mercury is no longer serving customers in certain countries, including Ukraine, the company confirmed to TechCrunch. Mercury made headlines earlier this year when it was caught up in federal scrutiny through one of its partners, Choice Bank, around the practice of allowing foreign companies to open accounts.  The FDIC was “concerned” that …

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Continue Reading... Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries