Credit card FinTech Cardless has formed an agreement with American Express that lets a number of America’s highest profile brands launch digital-first cards on the Cardless platform.
IN BRIEF:
Founded in 2019, Cardless said its cards each offer a number of features designed with digital native customers in mind, in terms of both access and security.
Customers will enjoy unique rewards from their favorite brands and access some of American Express’ sought-after benefits, including Amex Offers (for shopping, travel, dining services, entertainment, etc.) and Global Dining Access by Resy, among others.
The company also received a significant investment from Amex Ventures, American Express’ strategic investment group.
What does this mean?
“American Express is recognized for having one of the largest and most active credit card networks in the world, with the most loyal cardholders,” said Michael Spelfogel, President and Co-Founder of Cardless. “We couldn’t be more excited to combine Cardless’ ability to launchcards seamlessly with the valuable benefits that consumers expect from the American Express network.”
