Keep pulling the thread on Ryan Wiggins.
Mercury plans to release a Command Line Interface (CLI) tool in the next couple of weeks.
Mercury has internally built an AI agent that functions as an automated data analyst, capable of answering 80-90% of common questions from cross-functional teams.
Mercury provides banking services to one in three startups in the United States.
According to Mercury's data, the preferred first choice for an AI model provider among new US startups has recently shifted from OpenAI to Anthropic.
Mercury recently launched its MCP (Multi-modal Conversational Platform), which is available in the Claude app store.
The Mercury MCP is a read-only version of the company's API, designed to ensure user security and control over their finances.
Mercury's full API, which has both read and write capabilities, offers feature parity with its web and mobile applications.
An animation studio in Los Angeles used the Mercury MCP to discover previously unknown tax breaks by asking natural language questions about its finances.
Some users of the Mercury MCP have reported saving over $1,000 by using the tool to analyze their spending.
Mercury has experienced a significant increase in the adoption of its API and the creation of API tokens over the last six months.
Ryan Wiggins predicts that the primary interface for banking in the 2020s and beyond will be APIs connected to conversational interfaces, rather than traditional websites or mobile apps.
Ryan Wiggins believes MCPs function as the "third-party apps" of the AI ecosystem, enabling new products to come to market, because major platforms like OpenAI and Anthropic have built first-party apps on the MCP structure.