American Express to acquire expense-management company Center

By Paige Smith
Published Updated 1 Min Read

Bloomberg Mercury

American Express agreed to buy the expense-management software company Center to augment the services it offers small businesses.

Center helps companies better manage their finances by showing in real-time how much employees are spending, and making it easier for workers to submit expense reports, according to a statement Thursday. Terms of the acquisition weren’t disclosed.

Paige Smith

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