AMEX Launches $100M Investment Fund
American Express Co. is launching $100 million fund to invest in early stage start-ups and other businesses in areas including loyalty and rewards, mobile and online payment management, security and fraud detection and data analysis, Reuters reported Tuesday. The credit card giant is also looking into partnerships and acquisitions as it expands more into digital commerce. Amex setting up an office in Silicon Valley to oversee the effort.
8 November 2011•2 mins read
