GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory .Center CEO Naveen Singh. (Center Photo)American Express announced Thursday that it plans to acquire Center, a Bellevue, Wash.-based startup that helps businesses manage expenses.Terms of the deal were not disclosed. The acquisition is expected to close in the second quarter of 2025.Center targets middle-market companies that use its software to track corporate spending on travel and other expenses. It also offers a corporate credit card.Center had raised more than $140 million from private investors since launching in 2017. It has about 160 employees; full-time workers will join American Express when the acquisition closes.Center raised $30 million in December 2023

American Express announced an agreement to acquire Center, a software company specializing in expense management. The acquisition aims to integrate Center's technology with American Express' corporate and small business cards to create a seamless expense management platform. This will enhance efficiency by automating tasks and ensuring compliance. The acquisition is expected to close in Q2 2025, subject to customary conditions.

American Express said Thursday it plans to acquire Center, a startup platform for expense management.