American Express

American Express is a financial services company offering credit, corporate and charge cards and insurance products for individuals and businesses. Read more

30,571 Followers on Owler
30,571 Followers on Owler
30,571 Followers on Owler
30,571 Followers on Owler

American Express

American Express is a financial services company offering credit, corporate and charge cards and insurance products for individuals and businesses. Read more

Stephen J. Squeri's photo - Chairman & CEO of American Express

Chairman & CEO

Stephen J. Squeri

CEO Approval Rating

82/100

Founded:

1850

Status:

PublicIndependent CompanyNYSEAXP

AMERICAN EXPRESS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Visa is a top competitor of American Express. Visa's headquarters is in Foster City, California, and was founded in 1958. Like American Express, Visa also competes in the Diversified Financial Services field. Visa generates 59% of American Express's revenue.

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American Express Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$36.1B

American Express's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 21.5B. Over the last four quarters, American Express's revenue has decreased by 9.3%. Specifically, in Q4 2020's revenue was $9.4B; in Q3 2020, it was $8.8B; in Q2 2020, it was $7.7B; in Q1 2020, American Express's revenue was $10.3B.

American Express Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Kabbage, Inc.

Aug 2020

Source »
undisclosed
Kabbage is a financial technology company that provides lending and capital investment solutions for small and medium-sized businesses.

-

Acompaytm, Digital Payment Automation Platform, ACOM Solutions, Inc.,

Jul 2019

Source »
undisclosed
-
Resy Network, Inc.

May 2019

Source »
undisclosed
Resy is an online platform that allows users to search and book for restaurants.
LoungeBuddy, Inc.

Mar 2019

Source »
undisclosed
LoungeBuddy develops a web and mobile based application that allows users to discover, book and access airport lounges.
Pocket Concierge Inc.

Jan 2019

Source »
undisclosed
Pocket Concierge is an online platform that enables to make reservations at restaurants.

These are all the companies that American Express has acquired. American Express has acquired 8 companies and its latest acquisition was Kabbage, Inc. in Aug 2020. Kabbage is a financial technology company that provides lending and capital investment solutions for small and medium-sized businesses.

American Express Funding History

Since American Express was founded in 1850, it has participated in 1 round of funding. In total American Express has raised $1.0B. American Express' funding round was on Aug 2015 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Aug 2015
$1B

ValueAct Capital

Since American Express was founded in 1850, it has participated in 1 round of funding. In total American Express has raised $1.0B. American Express' funding round was on Aug 2015 for a total of $1.0B

American Express Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Better Mortgage is a New York-based online lending platform that provides loan refinance, mortgages, title and homeowners insurance solutions.
$500M
Apr 08, 2021
Debt
-
Codat develops a fintech platform that provides digital banking and account management solutions for financial institutions.
-
Mar 01, 2021
Series A
-
Melio is a fintech platform that provides bill payment processing solutions for businesses.
$110M
Jan 24, 2021
Series C
-
Finix is a payments facilitation platform that allows businesses to own, manage and monetize their payment processes.
$30M
Aug 25, 2020
Series B
-
Marriott is a diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities.
$920M
May 04, 2020
Debt
-

These are all the companies that American Express has invested in. American Express has invested 8 companies and its latest investment was Kabbage, Inc. in Aug 2020. Kabbage is a financial technology company that provides lending and capital investment solutions for small and medium-sized businesses.

American Express News

May 3, 2021PRWeek

Former ABC News comms VP Julie Townsend moves to AmEx

American Express also hired Madge Thomas from UNICEF to manage CSR.... See more »
April 30, 2021Markets Insider

American Express Builds on its $100 Million Investment in Developing Nonprofit and Social Purpose Leaders

American Express (NYSE:AXP) held its sixth Leadership Academy Global Alumni Summit virtually on April... See more »
April 28, 2021MarketScreener

Press Release of American Express Company, dated April 28, 2021

(marketscreener.com) Organization Announcement: American Express New York, NY, April 28, 2021 - The f... See more »
April 27, 2021Seeking Alpha

Decent Results, Great Price

April 26, 2021Travolution

Family holiday start-up attracts C-suite backers in 645,000 seed funding round

Former executives from Barclays, American Express, Expedia and Hertz invest in Travolution Start-up O... See more »
April 24, 2021MarketScreener

April Fixed Income Presentation

(marketscreener.com) American Express Company Fixed Income Investor Presentation APRIL 2021 Key Prior... See more »
April 24, 2021Millenniumpost

RBI bars AmEx, Diners Club from adding new customers

Mumbai: The Reserve Bank has restricted American Express Banking Corp and Diners Club International L... See more »

American Express Press Releases

April 21, 2021PressReleasePoint

American Express Launches Cashback Credit Card for the Savvy Generation

Sydney, Australia, April 21, 2021 - American Express (NYSE: AXP) No longer is being money-smart a ski... See more »
March 16, 2021WebWire

BDO and American Express Support Local Businesses, Bringing Shop Small to the Philippines for the First Time

BDO and its partner American Express, are coming together to support local businesses; those hit hard... See more »
March 11, 2021Business Wire

FalconX Secures $50M Investment from Tiger Global and B Capital Group Announcing 46X Net Revenue Growth

SAN FRANCISCO--(BUSINESS WIRE)--FalconX announced a $50 million investment from Tiger Global and B Ca... See more »
March 2, 2021Cision Canada

American Express Canada Named one of Canada's Best Diversity Employers for Sixth Year in a Row

/CNW/ - American Express Canada is pleased to announce it has been named by Mediacorp Canada Inc. as ... See more »
February 25, 2021EIN Presswire

American Express "100 for 100" Program for Black Women Entrepreneurs Selects SiS Academy Founder Elayne Fluker

Decatur Business Coach Elayne Fluker Recognized as AMEX 'Founder of Change' for her Online Learning P... See more »

American Express Videos

Social Media

American Express Headquarters

200 Vesey Street 50th Floor

New York, New York10285

212-640-2000

Driving Directions »

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American Express Summary

ABOUT

Overview

American Express Co. (NYSE: AXP) is a financial services company that provides credit cards, charge cards, travel and insurance products. It was founded in 1850 as a joint stock corporation by the merger of the express companies owned by Henry Wells (...

CEO

American Express's Chairman & CEO, Stephen J. Squeri, currently has an approval rating of 82%. American Express's primary competitors are UnionPay, Visa & Mastercard.

Website

americanexpress.com

Frequently Asked Questions about American Express

  1. When was American Express founded?

    American Express was founded in 1850
  2. Who is American Express's CEO?

    American Express's CEO is Stephen J. Squeri
  3. How much revenue does American Express generate?

    American Express generates $36.1B in revenue
  4. How much funding does American Express have?

    American Express has historically raised $1B in funding
  5. Where is American Express's headquarters?

    American Express's headquarters is in New York New York, USA
  1. How many employees does American Express have?

    American Express has 59,000 employees
  2. What sector does American Express operate in?

    American Express is in Diversified Financial Services, Consumer Finance & Credit Cards, Life & Health Insurance
  3. Who are American Express's competitors?

    American Express's top competitors are UnionPay, Visa, Mastercard
  4. Who has American Express invested in?

    American Express's has invested in companies such as Better Mortgage, Codat, Melio