Cardless will launch co-branded credit cards on the American Express network


Amex Ventures invests in Cardless, following company commitment $40 million Series B Tower

NEW YORK, July 25, 2022 /PRNewswire/ — Cardless, a financial technology company, today announced a new agreement with American Express. The deal allows some of the country’s most famous brands – including travel providers and retailers – to seamlessly launch digital cards leveraging the Cardless platform, backed by benefits, offers and security of the American Express network. The company has also received significant investment from Amex Ventures, the strategic investment group of American Express.

Cardless will launch co-branded credit cards on the American Express network

“American Express is recognized for having one of the largest and most active credit card networks in the world, with the most loyal cardholders,” said Michel Spelfogel, president and co-founder of Cardless. “We couldn’t be more excited to combine Cardless’ ability to launch cards seamlessly with the valuable benefits consumers expect from the American Express network.”

Customers will enjoy unique rewards from their favorite brands and access some of American Express’ sought-after benefits, including Amex offers (for shopping, travel, dining, entertainment, etc.) and Global Dining Access by Resy, among others.

“Cardless’ digital mission and customer-centric mindset make our brands a strong partner,” said William Stredwick, Senior Vice President and General Manager, Global Network Services North America, American Express. “Major brands want to give their customers a more personalized experience and engage more deeply with them, and our relationship with Cardless makes that possible by giving their customers access to the benefits and protections of American Express.”

Cardless has successfully completed a series of venture capital financings. Cardless uses its capital investments from Amex Ventures and other venture capital firms to continue to develop and expand the company’s product offerings, including exploring other opportunities, innovations and partnerships within the American Network. Express.

All Cardless cards offer several features designed for digital native consumers, both in terms of security and ease of access. New users will be able to easily apply for a Cardless card using their smartphone and, upon approval, the virtual card will be delivered to their mobile wallet within seconds, with a physical card arriving days later. Customers manage their accounts directly through the Cardless mobile app, with instant access to rewards, purchase tracking, bill payment and more.


Cardless, Inc. is a credit card company based in San Francisco, California. Founded in 2019 by Stanford graduates Michel Spelfogel and Scott Kazmierowicz, Cardless is at the forefront of co-branded credit card product development. Cardless relaunched more than $50 million in equity financing from investors including Activant Capital, Greycroft, Accomplice, Pear VC, ownership of Boston Celtics and Phoenix Suns, and the founders of Plaid, Bonobos, Flatiron Health and 100 Thieves. Cards issued by First Electronic Bank, Member FDIC.


American Express is a globally integrated payments company, providing customers with access to products, information and experiences that enrich lives and help businesses succeed. Learn more about and join us on,,,

Key links to product, service and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Certify, Cabbage, Resy, Company card, Business trip, diversity and inclusion, corporate responsibility and Environmental, social and governance reports.

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