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July 1, 2021Blog Posts

American Express partners with fintech firms to help customers find mortgages

CNBC

American Express has two new fintech partnerships it’s marketing for customers interested in home loans.

It’s the latest perk for cardholders and another example of financial institutions partnering with start-ups to offer customers a fuller suite of services or additional perks outside of the scope of the firm itself, an AmEx spokeswoman confirmed Wednesday to CNBC.

“Amex has tons of different partners that they’ve used throughout the years, which used to be a lot more travel focused, and now they’re broadening out into financial services,” D.A. Davidson analyst Chris Brendler said.

It’s also a sign of the times. Even as the U.S. economy reopens, staying home and home spending have become a bigger priority for many, despite others’ eagerness to get outside and travel.

American Express - Wikipedia

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