Software Alternatives, Accelerators & Startups

Rust VS Mercury

Compare Rust VS Mercury and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Rust logo Rust

A safe, concurrent, practical language

Mercury logo Mercury

Mercury is banking* for startups
  • Rust Landing page
    Landing page //
    2023-05-09

We recommend LibHunt Rust for discovery and comparisons of trending Rust projects.

  • Mercury Landing page
    Landing page //
    2023-06-17

Mercury offers banking* for startups — at any size or stage. With an intuitive product experience, founders can access free checking and savings accounts, debit and credit cards, domestic and international wire transfers, Treasury, venture debt, and more — and manage their business with confidence. Mercury also offers vibrant community programs that provide founders with the connections, advice, and resources to help them build the next great companies. Launched in 2019, Mercury is trusted by more than 100,000 startups. To learn more, visit Mercury.com.

*Mercury is a financial technology company, not a bank. All banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.

Mercury

$ Details
free
Platforms
Web iOS Android
Release Date
2019 April

Rust features and specs

  • Memory Safety
    Rust’s ownership system guarantees memory safety without a garbage collector, preventing common bugs such as null pointer dereferencing, buffer overflows, and data races.
  • Performance
    Rust aims to provide memory safety while maintaining high performance. It is often as fast as C and C++ due to zero-cost abstractions.
  • Concurrency
    Rust's ownership and type system make it easier to write safe concurrent code, helping developers avoid concurrency issues.
  • Tooling
    Rust has excellent tooling, including the Cargo package manager and build system, and Rustfmt for code formatting.
  • Community and Ecosystem
    Rust has a growing community and ecosystem, with active contributions and a wide range of libraries and frameworks available.
  • Strong Typing and Error Handling
    Rust’s type system and pattern matching compel developers to handle errors and edge cases, leading to more robust and predictable code.

Possible disadvantages of Rust

  • Learning Curve
    Rust’s advanced features such as its ownership system and lifetimes can be difficult for beginners to grasp, making it harder to learn compared to some other languages.
  • Compilation Time
    Rust can have longer compilation times, especially for large codebases, which can slow down the development process.
  • Ecosystem Maturity
    Although growing, Rust's ecosystem is not yet as mature as those of more established languages like JavaScript, Python, or even C++, leading to fewer available libraries and frameworks for certain tasks.
  • Complexity of Code
    The strictness of Rust's borrow checker can lead to more complex and verbose code as developers explicitly manage ownership and lifetimes.
  • Tool and Library Development
    Despite the rapid growth, some tools and libraries are still under development or lack the polish of their counterparts in more mature languages.

Mercury features and specs

  • Ease of Use
    Mercury offers a user-friendly interface that simplifies banking for startups and small businesses, making it easy to manage accounts, transfer funds, and monitor transactions.
  • No Monthly Fees
    Mercury does not charge monthly fees or require minimum balances, which is beneficial for new businesses trying to manage their finances effectively.
  • Automated Bookkeeping
    Mercury provides integrated bookkeeping tools, facilitating accounting processes by automatically syncing transactions with popular accounting software like QuickBooks and Xero.
  • FDIC Insured
    Mercury accounts are FDIC-insured up to $250,000 through its partner banks, providing peace of mind regarding the safety of your deposits.
  • Multiple User Accounts
    The platform allows multiple user accounts with customizable permissions, making it easier for teams to collaborate on financial management securely.

Possible disadvantages of Mercury

  • Limited Physical Presence
    Mercury operates entirely online, which can be a drawback for businesses that prefer or require in-person banking services.
  • No Cash Deposits
    Mercury does not support cash deposits, which can be inconvenient for businesses that deal with a significant amount of cash transactions.
  • Limited Lending Options
    Mercury offers fewer lending products compared to traditional banks, which might be a limitation for businesses seeking comprehensive financing solutions.
  • Customer Service
    While often responsive, customer service is primarily conducted through online channels, which some users may find less satisfactory compared to face-to-face interactions.
  • No International Wire Transfers
    Mercury does not support international wire transfers, which can be a significant limitation for businesses operating globally.

Analysis of Rust

Overall verdict

  • Yes, Rust is considered very good by many developers, especially those who need to write safe and efficient code. Its growing community and ecosystem are further testament to its strengths.

Why this product is good

  • Rust is highly regarded for its memory safety without a garbage collector, providing developers with performance and safety guarantees. It has powerful concurrency support, expressive type system, and excellent tooling, making it a favorite for systems programming, web assembly, and other performance-critical applications.

Recommended for

  • System programmers who need to manage memory and resources efficiently.
  • Developers working on web assembly projects.
  • Teams that require safe concurrency mechanisms.
  • C and C++ developers looking for modern language alternatives.
  • Open-source contributors who want to be part of an active and welcoming community.

Analysis of Mercury

Overall verdict

  • Mercury is generally considered a good option for startups and tech companies that want a hassle-free banking solution with modern digital tools. It is particularly beneficial for those seeking an online-focused bank with no hidden fees.

Why this product is good

  • Mercury is an online bank that is designed specifically for startups and tech companies. They offer a range of features that cater to the needs of small businesses, such as seamless integration with accounting software, no monthly fees, and no minimum balance requirements. Additionally, Mercury provides a user-friendly digital interface, allowing entrepreneurs to manage their finances with ease. Their customer service is often praised for being responsive and helpful.

Recommended for

  • Startups
  • Tech companies
  • Small businesses looking for digital banking solutions
  • Entrepreneurs wanting a no-fee account

Rust videos

Rust Crash Course | Rustlang

More videos:

  • Review - Why You Should & Shouldn't Learn the Rust Programming Language
  • Review - All About Rust

Mercury videos

Mercury Movie Review - Prabhu Deva, Karthik Subburaj - Tamil Talkies

More videos:

  • Review - Mercury review by Prashanth
  • Review - Mercury 150 Four Stroke Review Performance Reliability One Year Later - Florida Sport Fishing TV

Category Popularity

0-100% (relative to Rust and Mercury)
Programming Language
100 100%
0% 0
Online Payments
0 0%
100% 100
OOP
100 100%
0% 0
Money Transfer
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Rust and Mercury

Rust Reviews

Top 5 Most Liked and Hated Programming Languages of 2022
A survey by Stack Overflow reveals that about 83.5% of 90000 developers loved Rust and tagged it to be the most adorable programming language. Rust is that general-purpose programming language that mainly caters to excellent performance and safety. This multi-worldview programming language has syntax similar to that of C++.
Top 10 Rust Alternatives
Several programming languages like Rust are among the popular ones. However, people are in search of some good alternatives to Rust. Therefore, today we will be talking more about the top 10 alternatives to Rust.
The 10 Best Programming Languages to Learn Today
Rust is a fairly advanced language, so you'll want to master another language or two before learning Rust. But you'll find that learning Rust pays off generously. The average salary for a Rust developer in the U.S. is $105,000 per year.
Source: ict.gov.ge

Mercury Reviews

  1. Veeresh G T
    · Founder at Vepapu ·
    The best for Non-Residents

    The best in the market for helping US non-residents get a checking bank account for their US companies. Mercury's secure experience takes founders to another level in their global journey.

    🏁 Competitors: Vepapu
    👍 Pros:    Free pricing|Place for non-residents

Social recommendations and mentions

Rust might be a bit more popular than Mercury. We know about 48 links to it since March 2021 and only 36 links to Mercury. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Rust mentions (48)

  • Useful Clippy lints
    Hello! Rust has very useful tool, named Cargo. It helps you compile code, run program, run tests and benches, format code using cargo fmt and lint it using clippy. In this post we'll talk abou Clippy. - Source: dev.to / 3 months ago
  • Minimalist blog with Zola, AWS CDK, and Tailwind CSS - Part 1
    What are we going to do today? We're going to build a minimalist blog using Zola (built with Rust, btw), AWS CDK, Tailwind CSS, and a tiny bit of Typescript. - Source: dev.to / 3 months ago
  • This Tool can remove 98% Bloatware apps
    Effortlessly remove up to 98% of bloatware apps from your Android device without needing root access. Developed in Rust for efficiency and reliability. - Source: dev.to / 6 months ago
  • What Language Should I Choose?
    One language that really gave me that feeling was Gleam, it managed to wrap everything I liked about languages such as JS, Rust and even Java into one brilliant type-safe package. Not for a long time before I met Gleam had I wanted to try creating so many different things just to get to the bottom of how this language ticked, as it were. - Source: dev.to / 8 months ago
  • Learning Rust: Enumerating Excellence
    Let's dive back into Rust! This time we're going to be going through the lesson called "Enums and Pattern Matching". We're going to be looking at inferring meaning with our data, how we can use match to execute different code depending on input and finally we'll have a look at if let. - Source: dev.to / about 1 year ago
View more

Mercury mentions (36)

  • Sonos CEO Patrick Spence steps down after app update debacle
    Interestingly, Mercury [0] is VC-backed, and their backend is entirely Haskell. In an interview [1], their CTO mentions that it’s actually quite easy to hire for Haskell, as the demand is much lower than the supply, and, as he slyly puts it, “interest in Haskell acts as a decent proxy for baseline developer quality.” So while the pool is larger for JS/TS and Python, that may not always be beneficial. [0]:... - Source: Hacker News / 4 months ago
  • Haskell vs. Ada vs. C++ vs. an Experiment in Software Prototyping Productivity [pdf]
    I work on one of the largest Haskell codebases in the world that I know of (https://mercury.com/). We're in the ballpark of 1.5 million lines of proprietary code built and deployed as effectively a single executable, and of course if you included open source libraries and stuff that we have built or depend on, it would be larger. I can't really speak to your problem domain, but I feel like we do a lot with what we... - Source: Hacker News / 5 months ago
  • Privacy/secruity experience with RBFCU? (Randolph Brooks Credit Union)
    Not just a fintech front for a privacy dis-respecting bank (like Mercury business banking for example). Source: over 1 year ago
  • The Meaning of Monad in MonadTrans
    Mercury (https://mercury.com/) uses Haskell extensively for pretty much all of its backend systems. It’s a great general purpose language. - Source: Hacker News / almost 2 years ago
  • Wise or Payoneer?
    He claims it's totally legal https://mercury.com/. Source: almost 2 years ago
View more

What are some alternatives?

When comparing Rust and Mercury, you can also consider the following products

Python - Python is a clear and powerful object-oriented programming language, comparable to Perl, Ruby, Scheme, or Java.

Brex - The first corporate card for startups

Java - A concurrent, class-based, object-oriented, language specifically designed to have as few implementation dependencies as possible

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

JavaScript - Lightweight, interpreted, object-oriented language with first-class functions

PENTA - A free and beautiful business bank account in Germany 😍🇩🇪