Card giant American Express said it has agreed to purchase Nipendo, an Israeli business-to-business payments automation company, but didn’t say how much it will pay for the acquisition.
Nipendo, headquartered in Netanya, Israel, “will make B2B payments processes much easier for our customers,” an Amex spokesperson said by email. The business enables businesses to connect, communicate and automate processes such as accounts payable and receivable, Amex said in a news release about the deal Thursday.