American Express to Acquire Center, an Expense Management Startup
Skift Take
There’s been a fair amount of activity in the corporate travel and expense management world as companies look to capitalize on a largely untapped market.
American Express said Thursday it plans to acquire Center, a startup platform for expense management.
Center CEO Naveen Singh founded the company in 2017. His father, Steve Singh, is executive chairman. Center last raised $30 million in series C funding in 2023, which the company said brought its total raised to $140 million.
American Express’s corporate management offerings primarily revolve around
