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Partnership kicks off Venmo's in-app commerce strategy with a more rewarding way to pay rent, mortgage, and neighborhood merchants
LAS VEGAS, Oct. 27, 2025 /PRNewswire/ -- Venmo, the money movement app redefining social payments for the next generation, today announced at Money20/20 in Las Vegas, a partnership with Bilt, the nation's largest housing and neighborhood commerce platform, to expand how people use Venmo for everyday payments. The partnership brings rent payments, mortgage repayments, and neighborhood commerce into the Venmo experience, marking a major step in Venmo's evolution from a peer-to-peer payments app to an everyday commerce platform.
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.
Posted In: PYPL