fintech / news / / Bnn Bloomberg
Hyper develops AI agents that can categorize expenses, file reports, check them against budgets and company policies.
American Express will acquire AI-focused expense management startup Hyper, co-founded in 2022.
KEY POINTS
- Hyper develops AI agents for categorizing expenses, filing reports, and enforcing compliance policies.
- OpenAI CEO Sam Altman is an investor in Hyper, which had already partnered with AmEx in 2024.
- The acquisition is expected to close in the second quarter of 2026.
COMPANIES
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