Venmo and Bilt Unveil First-of-Its-Kind Partnership Reinventing Rent & Mortgage Payments Nationwide
Rhea-AI Summary
Venmo (PYPL) announced a partnership with Bilt to add rent, mortgage and neighborhood merchant payments into the Venmo experience, starting in early 2026. The integration lets Bilt Members pay rent and mortgages via Venmo balance or linked methods, split payments with roommates, and earn Bilt Points redeemable for travel, fitness, and home goods.
The partnership connects Venmo's nearly 100 million active accounts with Bilt's > 5 million members and a network of > 45,000 merchants, expanding Venmo's in-app commerce strategy and merchant acceptance nationwide.
Positive
- Access to 5M+ Bilt members
- Reach nearly 100M Venmo active accounts
- 45,000+ Bilt merchants added to Venmo acceptance
- Mortgage rewards launching early 2026
- Enables rent/mortgage payments and split payments with roommates
Negative
- None.
News Market Reaction 34 Alerts
On the day this news was published, PYPL gained 0.69%, reflecting a mild positive market reaction. Argus tracked a peak move of +12.3% during that session. Our momentum scanner triggered 34 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $460M to the company's valuation, bringing the market cap to $67.12B at that time.
Data tracked by StockTitan Argus on the day of publication.
Partnership kicks off Venmo's in-app commerce strategy with a more rewarding way to pay rent, mortgage, and neighborhood merchants
From early 2026, Bilt Members will have a new way to not only pay their rent and mortgage, but also to shop at Bilt neighborhood merchants, adding Venmo to Bilt's existing payment options of ACH, debit, and any linked credit card. Members will be able to make housing payments directly in the Bilt app, or within Venmo using their Venmo balance or linked payment methods, and benefit from the same during everyday activities like dining, shopping, and fitness classes.
The partnership combines Bilt's rent and rewards network with Venmo's trusted and social payment experience, giving millions of renters and homeowners a simple, flexible, and rewarding way to pay each month. Bilt Members can complete monthly payments in just a few taps, split costs with roommates, and earn Bilt Points that can be redeemed for travel, fitness, home decor, and more.
With over 5 million Bilt Members across the country, representing one in four residential buildings, and the launch of mortgage rewards coming in early 2026, Venmo and Bilt are making life easier. The partnership extends Venmo's payment capabilities to Bilt's network of over 45,000 merchants. Local restaurants, retailers, gyms, pharmacies, and other businesses in the Bilt ecosystem will be able to accept Venmo, offering consumers more choice and flexibility in how they pay while helping merchants connect with Venmo's community of nearly 100 million active accounts.
"Our partnership with Bilt marks a pivotal first step in our journey to bring everyday commerce directly into the Venmo experience," said Diego Scotti, General Manager of Consumer at PayPal. "Millions of people already use Venmo to split rent with roommates and pay their landlords, now we're making that experience even more seamless and rewarding. We're thrilled to partner with a company that shares our relentless focus on innovation and the customer. Together, we're redefining what's possible when social payments meet everyday life."
"Venmo is one of the most relevant and trusted payment experiences in America, so bringing it into the Bilt ecosystem is a game-changer for our members," said Ankur Jain, Founder & CEO of Bilt. "Venmo isn't just a payment method—it's how millions of people connect and engage with each other every day. By combining Venmo's reach, simplicity, and social connectivity with Bilt's rewarding rent and neighborhood commerce network, we're giving millions of renters more flexibility with how they pay and more value every single month. This is exactly the kind of innovation that moves our industry forward."
Together with Bilt, Venmo is delivering new convenience for millions of renters while giving property managers, merchants, and partners a simple, reliable way to get paid. This partnership
This partnership will commence in early 2026.
About Venmo
Venmo is the go-to money movement app of the next generation, offering fast, safe, and social payments. With best-in-class experiences for users to send, split, shop, and sell, Venmo enables a seamless flow of money between the people and places that matter most to millions of users across
About Bilt
Bilt is the nation's leading housing and neighborhood loyalty platform, revolutionizing how Americans engage with their largest spending categories. With partnerships covering 1-in-4 apartment buildings nationwide and over 45,000 merchants across the country, Bilt enables members to earn rewards on rent, mortgage, HOA fees, and neighborhood spending while building credit and saving for homeownership. Bilt Points have been ranked as the highest-value rewards currency in the market. The platform is backed by leading investors including General Catalyst, GID, Left Lane Capital, Prosus Ventures, and United Wholesale Mortgage. For more information, visit bilt.com.
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SOURCE PayPal Holdings, Inc.
FAQ
What did Venmo (PYPL) announce regarding rent and mortgage payments on October 27, 2025?
How many Bilt members and merchants will Venmo gain access to from the Bilt partnership?
What payment methods can Bilt members use via Venmo after the PYPL partnership launch?
When will mortgage rewards be available through the Venmo and Bilt collaboration?
What investor-relevant scale metrics did Venmo cite for the Bilt partnership?
