American Express is a globally functional finance, travel and network service provider. Founded in 1850, it has headquarters in Three World Financial Centers; Manhattan, New York. American Express's journey from an express mail service to the leading enterprise in its service and product category is truly a remarkable odyssey.
American Express made a humble beginning as an express mail business in New York. The company was established after merging express mail companies owned by different groups. However, Wells and Fargo parted ways in 1852 with a disagreement over business expansion issues. Initially, American Express enjoyed monopoly on express shipment across the state of New York.