Venmo and Bilt Forge Groundbreaking Partnership to Transform Rent and Mortgage Payments
On October 27, 2025, at the Money20/20 conference in Las Vegas, Venmo, a leading social payments app, announced a pioneering partnership with Bilt, the largest housing and neighborhood commerce platform in the United States. This collaboration aims to revolutionize how consumers manage their rent and mortgage payments while expanding the Venmo experience into everyday commerce.
1. A New Era for Payments
Starting in early 2026, Bilt Members will be able to utilize Venmo not just for peer-to-peer transactions but also for essential housing payments. This integration allows users to pay rent and mortgages through the Bilt app or directly within Venmo, utilizing their Venmo balance or linked payment methods. This development marks a significant evolution for Venmo, transitioning from a traditional peer-to-peer payment platform to a comprehensive everyday commerce solution.
2. Enhanced User Experience
The partnership will enable Bilt Members to seamlessly pay their housing costs in just a few taps. In addition, users can split payments with roommates and earn Bilt Points, which can be redeemed for various rewards, including travel, fitness memberships, and home decor. This approach not only streamlines the payment process but also adds an element of reward and flexibility that is likely to appeal to millions of renters and homeowners.
3. Expanding Merchant Reach
With over 5 million Bilt Members representing one in four residential buildings, this partnership significantly enhances Venmo's payment capabilities. Bilt's expansive network includes more than 45,000 merchants, ranging from local restaurants and retailers to gyms and pharmacies. This integration means that consumers will now have even more options for using Venmo, allowing them to engage with local businesses while enjoying the convenience of social payments.
4. Leaders Weigh In
Diego Scotti, General Manager of Consumer at PayPal, emphasized the importance of this partnership, stating, "Our partnership with Bilt marks a pivotal first step in our journey to bring everyday commerce directly into the Venmo experience. 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."
Ankur Jain, Founder and CEO of Bilt, also highlighted the significance of the collaboration: "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. 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."
5. The Future of Payment Solutions
The partnership between Venmo and Bilt is not only set to provide immediate benefits to consumers but also marks a strategic move towards Venmo's broader in-app commerce strategy. By connecting users and merchants in innovative ways, Venmo is shaping the future of how the next generation engages with money, making payments more integrated into everyday life.
As this partnership rolls out in early 2026, it promises to deliver new conveniences for millions of renters while providing property managers and merchants with a reliable payment solution. This collaboration exemplifies the evolving landscape of payment technologies and the increasing need for seamless, user-friendly financial solutions in today's economy.
In conclusion, the Venmo and Bilt partnership represents a significant leap forward in merging social payments with essential housing transactions, setting the stage for a new era in consumer payment experiences.
