What Happened to Velocity?
That’s our original Velocity promo graphic. The restaurant-payment app it promotes no longer exists — kept here for the record, not as a live offer.
Velocity was a London-based “pay from your phone” restaurant app that, back when we first wrote this page, had just acquired a similar US app called Cover — the two together covered restaurants in New York, San Francisco and Los Angeles. But Velocity’s founders had bigger plans: between 2014 and 2017 the company pivoted entirely away from restaurant bill-splitting and rebranded as Velocity Black, a members-only luxury concierge service (travel, dining reservations, exclusive events) with an annual membership fee. In June 2023, Capital One acquired Velocity Black for $265 million and folded it into Capital One Travel and Dining in 2024.
We confirmed this two ways: there’s no “Velocity” restaurant-dining app anywhere in current App Store search results (only the unrelated Velocity Black luxury app and unconnected apps with similar names), and the acquisition/rebrand history is well documented in trade press. There’s simply no $5-off, pay-your-bill-from-your-phone Velocity app left to use the DINEOUT1 code on.
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Use Allset Instead
Allset is a live pickup and dine-in app (now part of SoundHound AI) that lets you order ahead and skip the wait at restaurants near you. Sign up through our Allset link and use code CERU15 for $5 off your first order — confirmed live on Allset’s own referral page as of our last check.
Frequently Asked Questions
Does the Velocity DINEOUT1 code still work?
No. Velocity no longer operates as a restaurant-payment app — it pivoted into a luxury concierge service (Velocity Black) that was acquired by Capital One in 2023.
What happened to Cover, the app Velocity acquired?
Cover was folded into Velocity after the 2015 acquisition; neither exists today as a standalone restaurant bill-splitting app.
Is Velocity Black the same app as Velocity?
Same company lineage, completely different product — Velocity Black is an invitation-style luxury concierge membership now owned by Capital One, not a $5-off dining discount app.
What should I use instead of Velocity?
Allset is our current working pick for pay-ahead, skip-the-wait dining, with a verified $5-off code.
The Velocity App offer is history.
The record lives here.
The original details are preserved above — and the intro points to what still works today.
See the current alternative