American Express Acquires Nipendo

January 12, 2023

American Express has entered into an agreement to acquire Nipendo, an Israel-based provider of cloud-based procure-to-pay and B2B payments automation. The acquisition is intended to expand American Express's B2B payments capabilities by integrating Nipendo's team, technology and automation for procure-to-pay, accounts payable and receivable processes.

Buyers
American Express
Targets
Nipendo
Location
Israel
Transaction Type
Buyout

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