Venmo and Bilt Join Forces On Mortgage And Rent Payment Initiative – NMP Skip to main content

Venmo and Bilt Join Forces On Mortgage And Rent Payment Initiative

Oct 31, 2025
Beginning in early 2026, Bilt Members will have a new way to make their housing payments, adding Venmo to Bilt's existing payment options of ACH, debit, and any linked credit card

Beginning in early 2026, Bilt Members will have a new way to make their housing payments, adding Venmo to Bilt's existing payment options of ACH, debit, and any linked credit card

Venmo is partnering with Bilt 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. 

Beginning in 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.

"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." 

The partnership combines Bilt's rent and rewards network with Venmo's 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 more than 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 more than 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.

"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," said 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."

Bilt also recently entered into an agreement with United Wholesale Mortgage (UWM) where UWM mortgage customers can earn Bilt Points with on-time payments, while accessing exclusive benefits. Bilt, which started by letting renters earn points on rent payments without transaction fees, announced in July 2025 its expansion into the entire housing payment journey, including mortgage servicing and originations.

“This partnership with Bilt is a game-changer for our broker partners, consumers, and the industry as a whole,” said Mat Ishbia, president and CEO of UWM. “By integrating Bilt into our servicing platform, we are reimagining how a borrower views and thinks about their mortgage payments, while also creating an unmatched lead generation tool and exceptional client engagement for brokers. This will redefine industry standards, putting relationship-building at the center of mortgage servicing and elevate the wholesale channel to a new level.”


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