Velocity App & Concur Partnership Press Release

1. Velocity Partners with Concur to Provide a Seamless Dining Experience to Concur Clients
Velocity now available in the Concur App Center
London, November 24, 2015, Velocity, the first international, fully comprehensive digital
hospitality solution, today announced the integration of its app with Concur, the global leader in
integrated travel and expense management.
Customers can use the Velocity app, now available in the Concur App Center, to pay their bills
instantly at premier restaurants and clubs in London, New York City, Los Angeles, and San
Francisco – and immediately submit the expense receipts.
“Our corporate clients will now enjoy a smoother experience with Concur every time they dine
on business,” added Zia Yusuf, Velocity Co-Founder and Co-CEO, who, during his previous role as
Executive Director at Goldman Sachs, experienced first-hand the frustrations that submitting
numerous expenses can bring.
The partnership strengthens Velocity’s offer to frequent diners in the $32bn corporate dining
market and confirms its position as the world’s leading international mobile payment and loyalty
platform for the high-end diner.
Adrian Lloyd, Business Development Director at Concur said: “Our partnership with Velocity
allows our customers to dine at the world’s best restaurants and bars without having to wait for
their bill or process numerous receipts.
“This industry-first agreement will save organisations time and money by allowing staff to
process their expenses automatically. What’s more, it provides firms with additional insight and
transparency into employee spending.”
Alex Macdonald, Velocity Co-Founder and Co-CEO said: “40% of employees have at some stage
misplaced a work related receipt and many often lose out, rather than go through the hassle of
making a claim. Our partnership with Concur means that the millions of pounds lost each year
through unprocessed dining expenses will be a thing of the past.”
Velocity is the first dining service app to partner with Concur and joins a host of leading
companies in the Concur App Center including Uber, Airbnb, InterContinental Hotels Group
(IHG), and others. The agreement follows Velocity’s recent acquisitions of UK-based Uncover,
US-based Cover, and Canada-based Tab Payments.
-ENDS-
About Velocity
Velocity is the world’s leading international digital hospitality service, connecting guests with
restaurant and nightlife experiences. Velocity partners with the world’s best venues and
empowers them to attract, delight, and retain high-value global customers through the power of
mobile payments and loyalty. Velocity enables diners to leverage an international dining profile

2. wherever they go, rewarding them for their global hospitality engagement. The service is live in
New York, San Francisco, London, Los Angeles, Toronto, and Montreal. Velocity is a Spark
portfolio company. www.velocityapp.com
Velocity Media Relations
media@velocityapp.com
UK: +44 0207 382 2000 // Amy Williams, Richard Gotla
US: +1 (646) 650-3506 // James Curich, John Weiss
About Concur
Concur, a part of SAP, imagines the way the world should work, offering cloud-based services
that make it simple to manage travel and expenses. By connecting data, applications and
people, Concur delivers an effortless experience and total transparency into spending wherever
and whenever it happens. Concur’s services adapt to individual employee preferences and scale
to meet the needs of companies from small to large so they can focus on what matters most.
Learn more at www.concur.com or the Concur blog.