Mercury + Frihet
Sync your Mercury account and automate startup accounting with banking built for tech.
Connect Mercury to FrihetWhat this integration does
Frihet's Mercury integration connects your startup bank account directly to your accounting. Mercury is the preferred bank for thousands of US startups, and Frihet leverages its API to import all transactions automatically.
Every deposit, transfer, card payment, and treasury movement is recorded in Frihet with beneficiary details, references, and categories. Incoming payments are reconciled with outstanding invoices and expenses are classified according to configurable patterns.
For funded startups, Frihet provides clear visibility into burn rate, runway, and cash flow. Incoming funds from investment rounds are recorded correctly as capital injections, not revenue.
Features
- Automatic import of Mercury transactions
- Deposit reconciliation with outstanding invoices
- Automatic recurring expense categorization (SaaS, payroll, vendors)
- Burn rate and runway dashboard integrated with banking data
- Support for Mercury savings and treasury accounts
- International transfer recording with exchange rates
- Smart detection of capital injections vs. revenue
How to set it up
- 1
Generate an API token in Mercury
Go to your Mercury account > Settings > Developer. Create a read-only token with access to transactions and balances.
- 2
Connect in Frihet
Go to Settings > Integrations > Mercury. Enter your API token and select the accounts you want to sync.
- 3
Configure expense categorization
Define rules to automatically categorize expenses: payroll, SaaS, marketing, infrastructure, and more.
- 4
Verify burn rate
Confirm that the cash flow dashboard correctly reflects your balances, revenue, and monthly expenses.
Use cases
Funded SaaS startup
Track your burn rate and runway from Frihet. Every Mercury expense is automatically categorized and your CFO has real-time visibility.
Remote company with a global team
You pay international contractors via Mercury. Each transfer is recorded with its exchange rate and matched to the personnel expense.
US-based tech freelancer
You use Mercury as your primary account. All client deposits are reconciled with invoices and expenses are categorized effortlessly.
Frequently asked questions
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Connect Mercury to Frihet