American Express to acquire Nipendo.

American Express, an American multinational financial services corporation, agreed to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business payments processes. Financial terms were not disclosed. “Our extensive direct relationships with both buyers and suppliers puts us in a unique position to transform the way companies pay for goods and services. We are taking the friction out of B2B payments, paving the way for faster, more efficient, and transparent transactions. With Nipendo, we will strengthen our expertise and capabilities in the space, and their innovative platform will give business customers common ground to connect and transact on the Amex network," Anna Marrs, American Express President.