American Express Ventures is the corporate venture capital arm of American Express, focused on investing in startups to expand American Express's capabilities in consumer commerce and B2B services. The firm is stage agnostic after seed and seeks opportunities both domestically and internationally. It targets areas including consumer commerce with emphasis on mobile, consumer payments, marketplaces, lending, loyalty and digital marketing products; business-to-business services such as business payments, process automation, lending and small business services; and core capabilities such as servicing, customer acquisition, fraud detection, security, data analytics and underwriting. It invests in fintech and related sectors to enhance American Express's core platform. It is based in Palo Alto with an additional office in New York.
MobiKwik is a fintech company offering payment solutions for consumers and merchants. It provides services including payments, digital credit, and investments, utilizing big data analytics and machine learning to enhance user experiences.
Cignifi
Convertible Note in 2015
Cignifi Inc. is a Boston-based company that specializes in designing and developing a credit and marketing analytics platform specifically for mobile network operators. Established in 2010, Cignifi utilizes mobile phone data to provide credit risk and marketing scores, thereby helping underserved populations access financial services. The platform serves a diverse clientele, including telecommunications operators, retailers, lenders, and insurers. Cignifi's innovative approach leverages proprietary behavioral modeling and analytics tools to create scores based on mobile phone usage and other non-traditional data sources. This enables financial service providers to onboard new customers digitally while effectively managing fraud and credit risk. Additionally, Cignifi offers related products such as airtime credit, handset financing, and online lending, aimed at enhancing access to essential financial products for individuals without access to formal financial services.
MobiKwik
Series B in 2015
MobiKwik is a fintech company offering payment solutions for consumers and merchants. It provides services including payments, digital credit, and investments, utilizing big data analytics and machine learning to enhance user experiences.
Cignifi
Series B in 2014
Cignifi Inc. is a Boston-based company that specializes in designing and developing a credit and marketing analytics platform specifically for mobile network operators. Established in 2010, Cignifi utilizes mobile phone data to provide credit risk and marketing scores, thereby helping underserved populations access financial services. The platform serves a diverse clientele, including telecommunications operators, retailers, lenders, and insurers. Cignifi's innovative approach leverages proprietary behavioral modeling and analytics tools to create scores based on mobile phone usage and other non-traditional data sources. This enables financial service providers to onboard new customers digitally while effectively managing fraud and credit risk. Additionally, Cignifi offers related products such as airtime credit, handset financing, and online lending, aimed at enhancing access to essential financial products for individuals without access to formal financial services.
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