Latest news with #BiltRewards
Forbes
23-05-2025
- Business
- Forbes
Bilt Adds Two New Travel Partners In The Same Month
Bilt Rewards is on a roll this month by adding two new airline travel partners. Japan Airlines and Qatar Airways join the lineup to provide distinct award flights, first-class experiences, plus more ways to maximize your oneworld alliance membership. LOS ANGELES, CALIFORNIA - MARCH 28: A Japan Airlines Boeing 878-9 Dreamliner airplane arrives at Los Angeles International Airport from Tokyo on March 28, 2025 in Los Angeles, California. (Photo by) Getty Images Starting May 13, 2025, Bilt Rewards members can transfer loyalty points at a 1:1 ratio to their Japan Airlines Mileage Bank account. This announcement marks a 'first' for both loyalty programs, with Bilt being Japan Airlines' first North American 1:1 point transfer partner. Further, the airline is Bilt's first Japan-based airline and its second East Asian collaboration. Ankur Jain, Founder and CEO at Bilt says, 'Now, your housing payment that was once just a monthly expense can unlock premium travel experiences with one of Asia's most respected airlines, giving our members access to Japan and beyond through JAL's extensive network and oneworld Alliance partnerships." Bilt members can also start redeeming their miles within seven days of opening a Mileage Bank account instead of the standard 60-day waiting period that Japan Airlines usually imposes on new members. However, be sure to transfer and book flights before June 1, 2025, when award rates increase. For example, one-way award flight rates from the U.S. West Coast to Tokyo Narita (NRD) or Tokyo Haneda (HND) currently start as low as 70,000 miles during the low season. Japan Airlines is a oneworld alliance member with a flexible stopover with up to three complimentary segments on partner airlines. Bilt members can also compare alliance itineraries and transfer to Alaska Airlines and American Airlines. Effective May 22, Qatar Airways becomes Bilt's 21st transfer partner. Members enjoy a 1:1 transfer ratio to convert Bilt Points into Privilege Club Avios for award flights. This international airline also has point transfer relationships with several credit card loyalty programs, making it easy to pool miles from various accounts to book an exciting trip. Qatar's Qsuite business class is one of the world's best cabin experiences in this ticket class. Your amenities can include a fully lie-flat seat, a privacy door, and premium pajamas. You can also book cross-country trips with domestic alliance partners, including Alaska Airlines and American Airlines. 'Our partnership with Bilt marks an exciting step forward in expanding our footprint in the U.S. market. Together, we are unlocking new opportunities for our Privilege Club members around the world – transforming everyday expenses into exceptional global travel experiences,' says Thierry Antinori, Chief Commercial Officer at Qatar Airways. Both travel partnerships offer exciting premium cabin experiences and flexible stopover policies that make traveling the globe easier. Transferring at a 1:1 ratio helps you secure the most competitive redemption values, especially with the ultra-exclusive Japan Airlines relationship. Related Articles:
Forbes
28-04-2025
- Business
- Forbes
Billionaire Ankur Jain And Comic Matt Friend Target The Comedy Market
Matt Friend performs at a Bilt Neighborhood Comedy night. Apartment rents keep spiking—a record 22.6 million households are unable to afford payments, and even greater numbers are 'rent burdened,' according to the Harvard Joint Center for Housing Studies. While that's no laughing matter, Bilt Rewards founder and CEO Ankur Jain says his company's new Neighborhood Comedy Series can ease the pain—through hilarity and by offering rewards for paying monthly rent. Launched in late 2024, the series, exclusive to Bilt members, is part of the company's Neighborhood Benefits program. Bilt Rewards is a payments and loyalty company that processes rent payments, allowing members to earn rewards on paying rent while redeeming points with hotels, airlines, restaurants and fitness centers, among others. The company processes over $36 billion in annual rent and HOA payments for members. Jain spoke from the Bilt's Bond Street headquarters, the sixth floor of a renovated 1893 mercantile building in NoHo—with a recently opened Bilt-branded cafe at street level. Jain says the comedy nights take the edge off paying rent, helping to 'foster neighborhood and community-based experiences.' Founder and Chairman of Kairos Society Ankur Jain attends the Kairos Society Global Summit at The Rockefeller Family Estate on April 20, 2017 in Tarrytown, New York. (Photo byfor Kairos Society) Dressed in a white hoodie, Jain was joined by comic Matt Friend, director of Bilt Rewards' Neighborhood Experience, Comedy. Jain and Friend believe they can unify the disjointed stand-up comedy circuit 'under one platform,' says Friend, whose uncanny impersonations have become a hit on social media. 'What better way to bring people together than giving them access to these intimate, private comedy experiences, right in their neighborhood?' says Jain, who Forbes named to its '30 Under 30' list in 2015. 'Comedy is such a hyper-competitive field,' Friend says. 'Everybody wants a platform. We're working toward creating that for comedians so they can get to know each other and be discovered by new audiences.' Since stand-up is partly crafted around a local sensibility—what rocks audiences in Austin might fall flat in Chicago—Bilt has doubled down on the comedy program's local appeal, in tandem with its Neighborhood Benefits Program. Comedian Matt Richards performs at a Bilt Neighborhood Comedy night. 'We want to be the biggest place that comics go to build their local following, which can then give them a national presence,' says Jain, 35, who holds a net worth of $1.2 billion, according to Forbes. Jain's fintech company, launched in 2021, is a brainchild of the Kairos Society (now Kairos HQ), which he founded in 2008 to help entrepreneurs launch new ventures in healthcare, housing and financial services. Bilt members can purchase up to two tickets per show on the Bilt app. The offer drops around the 27th of each month, just before rent day benefits. Tickets, which range from $40 to $75 per person depending on the city, include two drinks per person, and in select cities, light bites. The series runs one night a month and two nights in select cities. A dozen cities host the comedy nights: Atlanta, Boston, Chicago, Dallas, Los Angeles, Miami, Nashville, New York City, Philadelphia, San Francisco, Seattle and Washington, D.C. On occasion, big-name comics drop in to do a set, including Saturday Night Live cast member Marcello Hernandez, Chris Distefano ('Chrissy Chaos' podcast, 'It's Just Unfortunate' Hulu special), and the fearless Liza Treyger, who headlines comedy clubs nationwide. Bilt Neighborhood Comedy nights have rolled out in a dozen cities. Most comics start at bars, coffee shops and even laundromats where they develop a voice and sometimes bomb. From there, becoming a club regular is golden, and gigs as an opener or a feature act can solidify a career. The next steps can lead to road gigs, regional touring and industry attention. There's also the wild card of online comedy, where Friend cultivated his audience. Performers post videos on TikTok, Instagram and YouTube, all of which can lead to regular club bookings—for a rare few. 'I've seen both sides of the comedy world,' Friend says. 'The Gen Z, social media types and TikTokers who work their way into the clubs. And the old school path, where there's a system of getting in. There's really not much beyond that, not a sense of community. We want to rethink the comedy-going experience and improve it.' Friend says he balances sourcing talent, drawing on a mix of established and emerging names. Notables have attended the Bilt comedy nights—Anne Hathaway, to drop one A-lister. At most stand-up venues, audiences rarely interact with comics post-show. 'But oftentimes comedians will hang around after and everyone mingles, which I think is very cool,' says Friend, who showcased his political impersonations at the 2024 White House Correspondents Dinner. On a recent Bilt comedy night in Hollywood, five comics performed at 71 Studio Bar, adjacent to Grandmaster Recorders restaurant and rooftop space—the transformed Grandmaster Recorders studio that dates to 1971. The once legendary Grandmaster Recorders is helping to fuel a Hollywood resurgence, injecting youthful spirit into the area. I was joined by a friend who scored tickets through an offer on his Bilt app, which connects to his Bilt Mastercard (Bilt Rewards doesn't require the card to be a member and benefit from the program). We had low expectations, knowing stand-up comedy can be hit or miss. Comic Cole Garrett was first up, his manic style scorching the walls. Garrett is sober (he notes that in his act), but his amphetamine-fueled act (minus the actual amphetamines), was like a slap upside the head, the kind you're oddly grateful for. The crowd of 60 howled through most of the evening. Also in the line-up: Danny Jolles, Laura Peek, Ali Macofsky and Steve Furey. The group delivered solid material that rarely fell flat, building on Garrett's wild bronco ride out of the starting gate. The seasoned comics have impressive backgrounds: regular paid slots at Los Angeles' Comedy Store and the Hollywood Improv, MTV sketches, commercial work and videos that have racked up millions of online views. The Bilt comedy nights bank on quality comics as well as quality spaces—similar to the Grandmasters Recording Studio. The nights have also been booked at The Comedy Club in Los Angeles, Seattle's Space Needle, Lucali in Brooklyn, and New York City's The Stand and P.J. Clarke's. Although the evenings hew to Bilt Rewards' targeted focus on intimate neighborhood experiences, other comics are heading in the opposite direction. Los Angeles comics Gabriel 'Fluffy' Iglesias and Jo Koy are teaming up for a SoFi Stadium show on March 21, 2026, hoping to draw 70,000 fans, according to the Los Angeles Times. The crowd would eclipse the current Guinness World Record for a comedy audience. Still, Jain says he wants to grow his program. 'It's a way for comics to build a local cult following, and that's how all the best comics started,' he says. 'It gives them a platform for building bigger and bigger. I feel we can do that at scale for comics in every city around the country. No other brand has brought members together around this category.' Part of Jain's plan includes a possible TV series. 'We could help find the funniest neighborhoods in America, find the best comics and let local people pick them—have some fun around it,' he says. Jain and Friend met by chance at the U.S. Open in the summer of 2024. 'I said hello to Ankur and we ended up connecting,' Friend says. During a subsequent dinner at The Corner Store in SoHo, 'there was no pitch,' Friend adds. 'It was just, 'I'm in comedy, I'm 26 years old. I've built a brand on social media. I rent in New York City. All my friends are Bilt fanatics.' We thought there was an opportunity to do something.' Jain's company is valued at $3.2 billion, according to a Forbes August 2024 estimation. Jain recognized a massive untapped market when he created a loyalty program for the renter economy. More than a third of households in the U.S. pay monthly rent, with the housing payments market valued at $2.1 trillion, according to Bilt. 'Ankur has a rare ability to take on complex societal issues and come up with simple, practical solutions that make you wonder how no one has done this before,' said Richard Branson, billionaire entrepreneur and founder of Virgin Group, in a 2020 Forbes profile of Jain. 'There are other rent reward programs that exist,' says Ken Sisson, a Coldwell Banker Realty agent in Studio City, California. 'They offer funds or a credit toward your down payment and/or closing costs whenever you eventually buy a home.' Sisson adds that Bilt Rewards' hyper-local neighborhood focus is an optimal formula for engaging a younger demographic. He calls the program a 'win for landlords and property managers partnering with Bilt, and a win for tenants who use the service.' Although anyone can pay their rent and earn rewards with Bilt, the company's Bilt Alliance network of 4.5 rental homes integrates payment platforms with property management systems. The company serves one in four apartment buildings through the arrangement, according to Bilt. (L-R) Wyclef Jean, Ankur Jain, Mayor of New York City Eric Adams and Mitch Moinian appear onstage at the Bilt Rewards x Wells Fargo Launch Party on March 28, 2022 in New York City. (Photo by Sean Zanni/Patrick McMullan via Getty Images) This year, Bilt Rewards plans to expand its program to mortgage payments, a market dominated by the Mesa Homeowners Card, issued by Celtic Bank, which offers rewards on mortgage and other homeowner expenses, including insurance, maintenance, improvements and utilities.
Forbes
24-04-2025
- Business
- Forbes
Bilt Rewards Now Lets You Pay Student Loan Debt With Points
What if your most significant monthly expense could also help erase your student loans? That's the promise behind a game-changing update to Bilt Rewards, which will now allow members to use Bilt rewards for student loans. Renters can turn the points earned on rent, an expense that typically yields no rewards, into extra payments toward student debt. "Research shows that student debt is now the second-largest form of consumer debt in America," said Bilt CEO Ankur Jain in a company press release. "By enabling members to redeem Bilt Points toward student loan payments, we're addressing a critical financial need while continuing to differentiate our program as offering the most valuable and flexible points currency in the industry," he added. The program could offer much-needed relief for borrowers, given the volatility in the student loan landscape and the resumption of aggressive student loan debt collections by the Department of Education. Bilt, a loyalty program that lets renters earn points on rent, has launched a new Bilt Wallet integration that enables direct student loan payment redemptions. Bilt's app now features a Student Loans tab in the Bilt Wallet, allowing members to link loans and make payments with points. Members can redeem points via the Bilt app or website by linking their student loan accounts. Bilt rewards for student loans can currently be used with five major servicers – Nelnet, Mohela, Sallie Mae, Aidvantage, and Navient – with more providers expected to be added soon, according to The Points Guy. Every 1,000 points redeemed would translate to $10 off your student loan balance, yielding a value of 1 cent per point. This new option comes as student loan borrowers grapple with ever-growing student debt. Student debt is now the second-largest consumer debt category in the U.S., with over $1.7 trillion owed nationwide. With federal student loan payments recently resuming after a multi-year pause, millions of borrowers are likely seeking help to lighten the load. Bilt's move to let users apply points toward loans directly addresses what CEO Ankur Jain calls a 'critical financial need.' It's a unique approach in the loyalty industry; Bilt points for student loans is a redemption you won't find with other major reward programs, giving those with college debt a new repayment toolkit. Bilt is also one of the only programs that lets you earn points on rent. For many Americans, rent is the most significant monthly expense, yet it usually yields no rewards because most cards charge fees for rent payments. Bilt changed that paradigm by partnering with major landlords and launching the Bilt Mastercard. Today, renters nationwide in over 4.5 million homes can earn points on rent with no fees, and those rent points can directly pay down student loans. This essentially lets renters double dip on life's two most significant expenses, housing, and education, by using rewards from one to chip away at the other. The redemption rate when using Bilt points for student loans is currently slated to be 1 cent per point. In other words, 10,000 points would yield $100 toward reducing your student loans. That's decent, but not the best value Bilt points can offer. Bilt points shine more when used for travel. The Points Guy values Bilt points at roughly 2.05 cents each when transferred to airline or hotel partners, more than double what you get on a loan redemption. If maximizing value is your goal, you can often do much better-using points for flights or hotel stays instead of loans. Of course, not everyone cares about travel rewards. A simple cash-out is more useful for many borrowers; at least here, you get a solid rate. The 1 cent per point for student loans is much better than Bilt's other cash-out options. For example, a regular statement credit yields only roughly 0.55 cents per point per the Frequent Miler, and using points for Amazon or Lyft gives around 0.7 cents. By that measure, paying student loans with points nearly doubles those values. Using points now also means you'll pay off your loan faster and save on interest, effectively boosting your payoff value beyond 1¢ per point. One word of caution. Given the dearth of rewards programs offering rewards points for paying rent, there is little downside to using Bilt for rent payments. However, this does not extend to using the Bilt Mastercard for non-rent payments and purchases. Other credit card reward programs offer more competitive earning and redemption opportunities and should be considered. Indeed, this is one of the reasons why Wells Fargo was said to be losing $10 million a month as the co-branded issuer of the card, according to the Wall Street Journal. Putting Bilt rewards points toward student loans is a welcome new option for consumers focused on paying down debt. It won't always be the best use of your points, but a guaranteed penny-per-point toward your balance might beat waiting for two cent-per-points in travel rewards if you have student loans. This feature turns your rent payments into student loan assistance, a win-win if paying off debt is your priority. If you have student loans, it's worth considering whether it makes sense to put some points toward your balance, especially if you don't have a high-value travel redemption planned. On the other hand, if you're an avid traveler, you might prefer to save your points for an airline or hotel transfer that could double their value. Ultimately, it is refreshing to see a rewards program tackle student debt. By enabling Bilt rewards for student loans, Bilt is letting renters turn everyday spending into real financial relief, a game changer.
Yahoo
23-04-2025
- Business
- Yahoo
Bilt Rewards Expands Network of Homes Into Student Housing, Introduces Capability to Pay Student Loans With Bilt Points
NEW YORK, April 23, 2025--(BUSINESS WIRE)--Bilt Rewards, the payments and commerce network that transforms housing and neighborhood spending into rewards and benefits, today announced a significant expansion of its network of homes to include student housing properties, with American Campus Communities (ACC)—a Blackstone portfolio company and the nation's leading student housing company—as its launch partner. Additionally, Bilt is introducing a first-of-its-kind feature allowing members to redeem their Bilt Points toward eligible student loan payments, further cementing Bilt Points as the most valuable and flexible rewards currency in the industry. Bringing Rewards to Campus This groundbreaking partnership with ACC will enable students aged 18 and older to earn rewards on their student housing payments, extending Bilt's value proposition to younger consumers earlier in both their housing and financial journeys. The collaboration will begin in late May with Baylor University (U Pointe on Speight and The Union properties), with plans to expand to the broader ACC portfolio, serving nearly 140,000 students, in the coming months. "At Bilt, we're constantly expanding our network of homes and looking for ways to help our members maximize value from their largest monthly expenses," said Ankur Jain, Founder and CEO of Bilt Rewards. "By expanding into student housing, we're bringing the most valuable and flexible points currency in the industry to a new generation of renters, allowing them to build credit history and earn meaningful rewards on one of their largest expenses." "Today's students expect more than just a place to live; they want experiences that are innovative, impactful, and aligned with their academic goals," said Rob Palleschi, CEO, American Campus Communities. "One of our core values is championing student well-being, and helping to set our residents up for long-term financial security and success is key to this mission. Our partnership with Bilt Rewards is a powerful new way for us to deliver on our promises to our residents." New Student Loan Payment Redemption Option As part of this expansion into the student market, Bilt is also introducing a first-of-its-kind feature that gives members the option to redeem their Bilt Points toward eligible student loan payments. Around 51 percent of college undergraduates finish their education with student loan debt—with an average balance of $38,000 per borrower.1 This milestone feature allows Bilt Members to apply their Bilt Points to one of their largest monthly expenses, with 1,000 Bilt Points equaling $10 in redemption value on eligible student loan payments. Starting today, Bilt Members can redeem Bilt Points on student loans serviced by Nelnet®, MOHELA®, Sallie Mae®, Aidvantage®, and Navient®—with additional servicers becoming available throughout the coming months.2 "Research shows that student debt is now the second-largest form of consumer debt in America," added Jain. "By enabling members to redeem Bilt Points toward student loan payments, we're addressing a critical financial need while continuing to differentiate our program as offering the most valuable and flexible points currency in the industry." Bilt Points can be redeemed directly toward eligible student loan payments via the Bilt website or the Bilt mobile app, making the process seamless and user-friendly for members. Rewards in Your Home and Neighborhood When members pay their rent through Bilt, they unlock two powerful benefits: Earn Rewards on Every Rent Payment: Earn the industry's most valuable and flexible points every time rent or student housing payments are made on time through Bilt. Members can transfer their points to their favorite airlines and hotels, use them for future rent payments, save them for a down payment on a home, and now redeem them toward eligible student loan payments. Plus, they'll discover new rewards every month through Bilt's Rent Day Rewards drop. Access Neighborhood Benefits™: Bilt membership opens doors throughout the neighborhood. Members enjoy exclusive benefits at local restaurants, coffee shops, pharmacies, fitness studios, and more – all right where they live. This expansion reinforces Bilt's commitment to offering the industry's most valuable and flexible points currency. By allowing Bilt Points to be earned on student housing payments and used for student loan payments, Bilt continues to provide unique value that resonates with members' real-life financial priorities. For more information about this offering, visit To become a Bilt Member, visit 1 Bankrate – "Student Loan Debt Statistics": 2 Bilt Rewards is not affiliated with, endorsed by, or sponsored by Nelnet, MOHELA, Sallie Mae, Aidvantage, Navient or any other student loan servicer or lender. Bilt Rewards is not a student loan servicer or lender and redemption does not constitute loan assistance, debt relief, or a change in loan terms. About Bilt RewardsBilt Rewards is the payments and commerce network that transforms housing and neighborhood spend into rewards and benefits for everyone involved, and the first program to allow members to earn rewards on rent and HOA payments while building a path to homeownership. The Bilt Rewards Alliance is a network of more than 4.5 million homes across the country that rewards residents on each residential payment and enables property managers to increase resident loyalty and cost savings. Launched in June 2021, Bilt boasts one of the highest value rewards programs on the market today—including one-to-one point transfers for travel across over 100 major airlines and hotel partners; fitness classes at the country's top boutique studios; limited-edition and exclusive collections of art and home decor through the Bilt Home Collection; and the ability to use Bilt Points for rent credits, toward a future down payment on a home, or toward eligible student loans. For more information, visit About American Campus CommunitiesAmerican Campus Communities is the nation's largest developer, owner, and manager of premium student housing communities throughout the United States. With extensive experience in design, finance, development, construction management, and operational oversight, the company has facilitated over 115 public-private partnership (P3) transactions at 65 colleges and universities nationwide. Visit and follow the company on LinkedIn, Facebook, Instagram, and X to stay updated on the latest student housing news. View source version on Contacts Deniz Sign in to access your portfolio
Yahoo
13-03-2025
- Business
- Yahoo
Bilt Rewards Acquires Banyan to Transform Neighborhood Commerce Through Item-Level Intelligence
Strategic acquisition accelerates Bilt's vision of creating seamless, rewarding experiences between residents and local merchants NEW YORK, March 13, 2025--(BUSINESS WIRE)--Bilt Rewards, the leading payments and commerce platform transforming the $2.1 trillion housing payments market, today announced the acquisition of Banyan, the industry-leading platform for item-level receipt data. This strategic acquisition—Bilt's first—significantly expands Bilt's ability to create innovative, frictionless experiences that drive neighborhood commerce and deliver unprecedented value to both residents and local merchants. Banyan's technology will power the next generation of neighborhood commerce, enabling hyper-personalized rewards and automated benefits that strengthen connections between residents and local businesses. By acquiring Banyan's platform, which has analyzed more than 20 billion receipts and processed hundreds of billions in spend, Bilt will accelerate the development of groundbreaking commerce experiences that make everyday neighborhood spending more rewarding. "This acquisition represents a major step forward in our mission to transform how residents engage with their neighborhoods," said Ankur Jain, Founder and CEO of Bilt Rewards. "By further incorporating Banyan's item-level intelligence into our platform, we're able to create truly seamless experiences that drive value for both our members and our network of over 40,000 neighborhood merchants. This is about making commerce more meaningful, more personalized, and more rewarding exactly where people live." Powering the Next Generation of Neighborhood Commerce The acquisition enables Bilt to develop several innovative capabilities that will reshape how residents interact with neighborhood businesses: Automatic FSA/HSA Savings: Expanding Bilt's successful FSA/HSA program—already powered by Banyan's technology at Walgreens—this capability will now extend to more neighborhood merchants. The program will automatically identify potentially eligible purchases, file for FSA/HSA reimbursement, and save members up to 40% on qualifying items—with zero effort required. New Resident Welcome Experiences: The acquisition enables neighborhood merchants to offer personalized rewards on home essentials like cleaning supplies, paper goods, and pantry staples when Bilt members move into a new neighborhood, helping establish shopping routines that benefit local businesses. Brand-Powered Rewards: Consumer packaged goods companies can now offer targeted rewards when residents purchase specific products at neighborhood merchants, creating triple-win scenarios for brands, local businesses, and residents. Cross-Merchant Experiences: Banyan's item-level receipt data enables the creation of seamless connected experiences across merchants, such as complimentary rides to neighborhood restaurants triggered by specific food purchases, or validated parking at local retail based on purchase categories and amounts—all activated automatically through precise receipt analysis. "Our expansion with Banyan allows us to bring neighborhood commerce to life in ways that weren't previously possible," Jain added. "We're creating an ecosystem where the barriers between earning and using rewards disappear, and where the value of being part of our network increases dramatically for every participant." Expanding Merchant Network and Categories The acquisition is intended to accelerate Bilt's expansion into new merchant categories beyond dining, fitness, and pharmacy to include grocery, gas, parking, and more—creating a comprehensive neighborhood commerce network. Partner merchants will benefit from unprecedented visibility into neighborhood spending patterns and the ability to reach residents with precisely targeted offers that can achieve 20-60X the industry average return on investment. "At Banyan, we've built a trusted item-level receipt data platform that connects the who, what, and where of commerce," said Jehan Luth, Founder and CEO of Banyan. "By joining forces with Bilt, we can implement our technology at scale, creating experiences that feel magical for consumers while delivering measurable results for merchants. We're excited to combine our item-level precision with Bilt's neighborhood commerce network to reimagine what's possible in local commerce." Following the acquisition, Banyan will continue to operate independently under Luth's leadership while collaborating closely with Bilt to enhance the neighborhood commerce ecosystem. The Banyan platform will maintain existing client relationships and services while expanding its capabilities through Bilt's network. About Bilt Rewards Bilt Rewards is a payments and commerce network that transforms housing and neighborhood spend into rewards and benefits for everyone involved. For residents, Bilt turns rent and mortgage payments into valuable rewards while unlocking exclusive benefits at neighborhood businesses. For property managers, Bilt provides a modern payments and resident loyalty platform that drives on-time payments, reduces leasing costs, and creates new revenue through resident spending at local businesses. For merchants, Bilt offers a Neighborhood Marketing platform to connect with local residents from the moment they move in, providing powerful tools to drive traffic and create personalized offers that build lasting customer relationships. For more information, visit About Banyan Banyan is the leading platform for item-level merchant receipt data, providing unprecedented insights into consumer-permissioned purchasing behavior. With technology that has processed over $200 billion in gross merchandise value and analyzed more than 20 billion receipts, Banyan enables merchants to create more targeted, relevant, and valuable customer experiences. Banyan was advised by FT Partners on this transaction. For more information, visit View source version on Contacts Deniz Sonmez,
