Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters

23 Sep, 2021

Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters
Photo by Gabrielle Henderson on Unsplash

– Bilt Rewards, a loyalty program for property renters to earn points on rent with no fees and build a path toward homeownership, announced a round of $60 million in growth funding that values the company at $350 million.
– The investment comes from Wells Fargo and Mastercard and a group of the nation’s largest real estate owners, including Blackstone Group, AvalonBay Communities, Douglas Elliman, Equity Residential, GID-Windsor Communities, LENx, The Moinian Group, Morgan Properties, Starwood Capital Group and Related.

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