American Express Acquires Rooam June 21, 2024
On June 21, 2024, American Express announced the acquisition of Rooam.
What Was Announced
- Alongside Tock, American Express agreed to buy Rooam, a contactless payment platform for restaurants, bars and venues whose customers included Resy and Tock; terms were not disclosed.
- Amex said Rooam's tools would add marketing, loyalty and faster-table-turn features to the Resy dashboard.
Key Facts
- Kind
- Acquisition
- Announced
- June 21, 2024
- Amount
- Not stated in the sources
- Companies
- American Express, Rooam
The Companies Involved
-
American Express
Payments and card company (NYSE: AXP) that has built a dining network through Resy, Tock and, if the deal closes, TheFork.
-
Rooam
Contactless payment platform (Rooam Pay, Tab and Order) for restaurants, bars and venues, founded in 2015 and acquired by American Express in 2024.
Sources
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