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Amex Quietly Acquires Cake Technologies, a Payments Fintech

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American Express has acquired Cake Technologies, a U.K.-based mobile payment technologies provider, for $13.3 million. The deal, which was never publicly announced, was officially completed last October, TechCrunch reported today. Cake will allow payments provider Amex to expand its payment options to cardholders. American Express told TechCrunch in a statement today: Last year, American Express acquired ...Read More

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