American Express ( Amex ) plans to acquire New York - based CRM and reservation platform Resy . The company provides software to restaurants , allowing them to use it to manage table bookings more effectively , collect data from sources , such as Foursquare , and survey reservations . Resy is used by around 4,000 US restaurants and 10,000 worldwide , both independently and by partnering with other reservation platforms . Over time, Resy realized the opportunity to provide software to restaurants. American 's purchase of Resy will allow it to expand its member rewards programme , while Resy will retain its brand name . The latest acquisition follows several acquisitions by Amex , as it seeks to expand its customer benefits .
American Express ( Amex ) plans to acquire New York - based CRM and reservation platform Resy . The company provides software to restaurants , allowing them to use it to manage table bookings more effectively , collect data from sources , such as Foursquare , and survey reservations . Resy is used by around 4,000 US restaurants and 10,000 worldwide , both independently and by partnering with other reservation platforms . American 's purchase of Resy will allow it to expand its member rewards programme , while Resy will retain its brand name . The latest acquisition follows several acquisitions by Amex , as it seeks to expand its customer benefits .