- Business
- American Express Company (NYSE: AXP; BCBA: AXP.BA) operates as a global payments and financial services provider, offering premium charge and credit cards, payment processing, travel services, and merchant network solutions to consumers, small and medium-sized businesses, and large corporations worldwide. The company provides consumer cards including Green, Gold, and Platinum charge cards; personal credit cards such as Blue Cash Everyday and Cash Magnet; business cards like Business Green Rewards, Business Platinum, and corporate purchasing cards; premium offerings such as the Centurion Card; digital payment solutions; expense management tools; travel booking and concierge services; merchant acquiring and network services across more than 100 million locations in over 200 countries and territories; and financing options including Kabbage business lending products. Founded in 1850 and headquartered in New York City, American Express conducts operations globally with major offices in Sunrise, Florida; Salt Lake City, Utah; Phoenix, Arizona; and international hubs including Gurgaon, India, and Manila, Philippines, structured into segments comprising U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. In 2025, the company completed its acquisition of Center, a Bellevue, Washington-based expense management software provider, integrating the technology with its corporate and small business cards to enhance expense tracking and automated accounting for middle-market firms. American Express continues to refresh approximately 40 card products globally, including updates to its U.S. consumer Platinum and Gold cards targeting Millennials and Gen Z demographics; announced executive changes effective February 2025; expanded its merchant network and digital payments capabilities; and reported strong revenue growth of 9% to $60.76 billion in 2024 with elevated guidance for 2025 amid robust premium spending and resilient credit metrics.