Today, American Express announced agreements to acquire Tock, a reservation, table, and event management technology provider and Rooam, a technology company that powers mobile payments, ordering, and integrations with point of sale, marketing and loyalty systems used by restaurants and entertainment venues. Our President of U.S. Consumer Services, Howard Grosfield, says: “Now, we can connect even more premium customers with the most exciting restaurants, while providing merchants and restaurants more technology to help their businesses thrive." Read more: https://lnkd.in/eYiTUDRQ
Congrats American Express. We have seen similar consolidations happening in our part of the world (APAC) with the convergence of restaurant POS, ordering, payment and marketing/loyalty.
Great all the best !
Exciting news! The acquisition of Tock and Rooam by American Express is a significant step in enhancing the dining and payment experiences for both merchants and customers. Looking forward to seeing how these integrations will elevate the hospitality industry and provide even more value to Amex Card Members. Congratulations to all teams involved!
Great! All the best American Express.
This will help to grow our lending for Small business program.
💯👍
Wow! All the best!
Incoming APM @ Instacart | AI & ML, Marketplaces, Restaurants, Hotels | POPM
4wSuper interesting to make an acquisition versus building an in-house solution especially with the existing Resy team and Amex payment processing… the tech edge that Tock has isn’t something exclusive, is the book of business $400M?