Bilt news and trends

Bilt Valued at $3.2 Billion as Rewards Program Grows
Loyalty & Rewards // August 04, 2024

Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. The company raised $150 million from a round led by the Ontario Teachers’ Pension Plan, Bilt announced Thursday (Aug. 1), just months after a $200 million round valued it at $3.1...

Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses
Credit Cards // June 16, 2024

Wells Fargo and Bilt are denying reports that their co-branded credit card relationship is in trouble. The banking giant teamed with the FinTech startup in 2022 on a card that let users pay their rent while earning rewards points.  However, The Wall Street Journal (WSJ)...

Bilt Uses Banyan Item-Level Data Capabilities to Enhance Rewards Program
Partnerships // June 04, 2024

Bilt joined the Banyan platform to provide additional benefits to its members. “The addition of Banyan item-level data capabilities opens exciting new opportunities for Bilt and its rewards network partners to power ever more relevant, tailored and unique rewards and benefits experiences for members,” Banyan...

Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
News // January 24, 2024

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst managing director Ken Chenault and NFL Commissioner Roger Goodell to its board, the company said...

Quick Reads
Bilt and Walgreens Team on Health Savings Rewards

August 26, 2024
Bilt has expanded its loyalty rewards program via a partnership with Walgreens. The collaboration, announced Monday (Aug. 26), includes the introduction of an automatic health savings program, which the companies say is the first time customers can apply any network-branded flexible spending account (FSA) or health savings account (HSA) benefits card to purchases at a […]

Bilt Valued at $3.2 Billion as Rewards Program Grows

August 04, 2024
Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. The company raised $150 million from a round led by the Ontario Teachers’ Pension Plan, Bilt...

Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses

June 16, 2024
Wells Fargo and Bilt are denying reports that their co-branded credit card relationship is in trouble. The banking giant teamed with the FinTech startup in 2022 on a card that...

Bilt Uses Banyan Item-Level Data Capabilities to Enhance Rewards Program

June 04, 2024
Bilt joined the Banyan platform to provide additional benefits to its members. “The addition of Banyan item-level data capabilities opens exciting new opportunities for Bilt and its rewards network partners...