American Express investing $40 million in small-business support organization

American Express Corp. said it's investing $40 million in the Accion Opportunity Fund to support small-business lending. The New York-based financial giant (NYSE: AXP) said its investment is the largest ever to the fund, which serves a client base that is nearly 90% women, people of color, or immigrants. “Our partnership with Accion Opportunity Fund expands on our progress toward providing financial support and education to at least 250,000 Black-owned small and mid-sized businesses by the end…