Finance & Accounting

Mercury vs Xero

An honest comparison to help you pick the right finance & accounting tool for your startup.

Our Verdict

Mercury is our pick, but Xero has its strengths

Mercury is our recommendation for most founders. Xero is a solid alternative.

Mercury

Mercury

Free

Banking built for startups. Beautiful dashboard, team cards, API access. Chase is for your parents, Mercury is for founders.

VS
Xero

Xero

Paid

Cloud accounting built for small businesses. Clean interface, strong integrations. Big in the UK and Australia.

Read full Mercury review | Read full Xero review

Comparison

FeatureMercuryXero
PricingFreePaid
Best for
Use when
Avoid when
CategoryFinance & AccountingFinance & Accounting

Frequently Asked Questions

Is Mercury better than Xero?

Mercury is our recommended pick in this category. Mercury is free and Xero is paid, which may factor into your decision.

Is Mercury free?

Yes, Mercury is completely free to use.

What are alternatives to Mercury and Xero?

Other popular alternatives in this category include QuickBooks, Wave, Expensify, FreshBooks. Each has different strengths depending on your stage and needs.

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