American Express unveiled its acquisition of Center, an expense management technology provider, to integrate Center’s technology with its corporate and small business card products to offer a seamless and automated expense management system. The acquisition will streamline employee spending, automate accounting, offer compliance, and maximize rewards, complementing American Express’ leadership as a commercial card payments provider. The acquisition is expected to close in Q2 2025, and will integrate Center’s real-time visibility and automation capabilities with American Express’ financial products to offer business customers more efficiency.
American Express to Acquire Expense Management Software Company Center