Co-founder and CEO Immad Akhund says the fintech company took time and prized profitability above all else.

BY ALI DONALDSON, STAFF REPORTER @ALICDONALDSON

Mercury co-founders Max Tagher, Jason Zhang, and Immad Akhund.

Fintech is back in fashion. Four years after its last funding round, Mercury, a San Francisco-based financial technology company that provides banking services to startups, has raised $300 million. The Series C, which was more than twice as large as its previous round, was led by Sequoia and included new investors, Spark Capital and Marathon, in addition to existing ones, Coatue, CRV, and Andreessen Horowitz.

For co-founder and CEO Immad Akhund, that infrequent fundraising pace is by design. The four-time serial entrepreneur says he doesn’t........

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