Bilt
Rewards and loyalty on rent and housing payments
Bilt is a fintech payments and rewards platform based in New York, founded in 2021. It focuses on the rental market, allowing renters to earn rewards on their rent payments, which is typically a significant monthly expense. Bilt has a valuation of $10.75 billion and serves over 5 million members, addressing a gap in the market by enabling credit building through rent payments.
The core of Bilt's offerings is its rewards program, where members earn Bilt Points on rent and everyday spending. These points can be redeemed for various benefits, including airline miles, hotel points, and future rent payments. Bilt also provides a branded credit card that allows users to earn additional points on travel and dining. Members benefit from free credit reporting to major bureaus for on-time rent payments, helping them establish credit history. Bilt collaborates with over 50,000 merchants, enhancing earning opportunities for its members.