Bilt raised $250 million and expanded its loyalty program to include all housing categories.
The loyalty program, initially for rent payments, now covers condo HOA fees, student housing payments, and mortgage payments.
Bilt's program allows members to pay with points at local merchants and offers personalized recommendations through an AI-powered 'neighborhood concierge.'
The funding round valued Bilt at $10.75 billion, with recent acquisitions aimed at strengthening analytics and engagement with neighborhood merchants.