Venmo is rolling out a new feature starting in early 2026 that will allow its nearly 100 million users to pay their rent and mortgage payments through a partnership with Bilt. The collaboration aims to make managing these large recurring expenses more rewarding, as Bilt members will be able to earn Bilt Points that can be redeemed for travel, fitness, and home décor. In addition to housing payments, the partnership will integrate Venmo into Bilt’s network of over 45,000 merchants, enabling users to pay at a variety of local establishments like restaurants, shops, and gyms within the Bilt ecosystem.
Key Features
New Payment Capability: Venmo will roll out a feature allowing its nearly 100 million users to pay rent and mortgages directly through the app.
Launch Timeline: The new payment feature is expected to launch in early 2026.
Strategic Partnership: This expansion is the result of a partnership with Bilt.
Retail Network Access: The collaboration also opens Venmo to Bilt’s network of over 45,000 merchants, allowing users to pay at local businesses like restaurants, shops, gyms, and pharmacies.
Rewards for Users: Bilt members will be able to earn Bilt Points when using Venmo for these payments, which can be redeemed for travel, fitness, and home décor.
