Founded in 1850 as a freight forwarding company, Amex introduced financial and travel services during the early 1900s. It developed its first paper charge card in 1958, gold card in 1966, green card in 1969, platinum card in 1984, and Centurion Card in 1999.

2022年3月21日 · Who started American Express? The company was a merger of the Wells Fargo company run by Henry Wells, William Fargo, and John Butterfield, which started in 1852, remaining in California, while American Express focused on New York. In 1878, American Express began introducing financial products to their business.

American Express started out in 1850 as a freight and valuables delivery service for the rapidly expanding nation. The company was a merger of the Wells Fargo company run by Henry …

1999: American Express launches Blue, the first 'smart card' offered in the United States. Company History: American Express Company, a multibillion-dollar holding company whose subsidiaries provide travel and financial services worldwide, traces its roots to a New York express business founded by Henry Wells in 1841.

2 天之前 · American Express was at first an unincorporated association of investors headed by Wells as president and Fargo as secretary. By the end of the American Civil War, its business had so flourished, with some 900 offices in 10 states, that it attracted competition in 1866 in the formation of Merchants Union Express Company.

American Express started out as an express mail service and was founded as a joint-stock corporation. Early leadership was established by two iconic figures in the early American banking industry: Henry Wells and William Fargo. The two would of course go on to establish the bank Wells Fargo & Co (NYSE: WFC) in 1852.

The American Express story begins with the history of the company that launched what we know as the modern credit card phenomenon—Diners Club. In 1950, Frank McNamara was entertaining dinner guests at a New York City restaurant.

In 1874 the American Express moved its headquarters to 65 Broadway in the financial district of Manhattan. It has been there ever since. Gradually American Express began to focus their attention on banks and other big financial groups because they found the American Express very reliable and paid them good money for their services.

On October 1, 1958, the American Express Company issues its first charge card in the U.S. and Canada to give traveling customers more flexibility.

The company introduced traveler’s checks in 1891 and opened its first European office in Paris in 1895. Its contemporary businesses include credit cards and payment-processing systems, international banking, and services for travelers (including trip planning, tour packages, and business travel management).