Latham & Watkins Advises Hypercard in Acquisition by American Express

American Express has announced that it has entered into an agreement to acquire Hypercard (Hyper), an agentic expense management company, adding to Amex’s AI expertise and capabilities across its commercial services business. Hyper’s team of AI experts will help American Express continue to build agentic tools and AI-powered solutions that help businesses automate processes and simplify operations.

Latham & Watkins LLP represented Hypercard in the transaction with an Emerging Companies & Growth team led by New York partner Eli Curi, with associate Magda Farhat and assistance from Léa Nicolas. Advice was also provided on compensation and employee benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein; and on fintech, regulatory, and commercial matters by Washington, D.C. partner Parag Patel, with associate Nick Goshgarian.