The payment app Venmo is partnering with the housing and neighborhood commerce platform Bilt that will help consumers with their housing payments.
According to the companies, Bilt will add Venmo to its 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.
Bilt Members can also split costs with roommates and earn Bilt Points that can be redeemed for travel, fitness, home decor, and more, the companies added. Businesses in the Bilt ecosystem will be able to accept Venmo, offering consumers more payment choice and flexibility.
“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,” added Ankur Jain, founder and 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.”
