Venmo, Bilt team up to reinvent rent and mortgage payments

LAS VEGAS - Venmo announced a new partnership with Bilt at Money20/20 that will bring rent, mortgage, and neighborhood payments into the Venmo experience—expanding the app’s reach from peer-to-peer transfers to everyday commerce.

What you can do:

Bilt Members can use Venmo to pay rent, mortgages, and shop at neighborhood merchants—alongside existing options like ACH, debit, and credit cards. Payments can be made directly in the Bilt app or through Venmo, making it easy to handle housing and everyday purchases like dining, shopping, and fitness.

Dig deeper:

According to Bilt, members can make payments in just a few taps, split rent with roommates, and earn Bilt Points redeemable for travel, fitness, home decor, and more.

What they're saying:

"Our partnership with Bilt marks a pivotal first step in our journey to bring everyday commerce directly into the Venmo experience," Diego Scotti, General Manager of Consumer at PayPal, said in a news release. "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," Ankur Jain, Founder & CEO of Bilt, added. "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."

What's next:

The partnership will launch in early 2026.