PayPal and Bilt Partner to Enable Rent and Mortgage Payments via Venmo by 2026

PayPal and Bilt are set to revolutionize rent and mortgage payments through Venmo starting early 2026. The collaboration leverages Bilt's existing network, which is already integrated with over 40,000 merchants and 70% of the top U.S. property managers. Venmo users will soon handle housing payments as effortlessly as they split bills with roommates today.

Diego Scotti, PayPal's general manager of consumer, emphasized the natural fit: "Millions already use Venmo for rent-related transactions. This MOVE streamlines the process and adds rewards." Bilt CEO Ankur Jain highlighted the synergy, merging Venmo's massive peer-to-peer user base with Bilt's rent-centric rewards ecosystem.

The strategic play aligns with Venmo's ambition to become the default payment method across consumer and merchant transactions. Bloomberg reports PayPal views housing payments—a market characterized by large, recurring transactions—as a critical beachhead for deeper financial integration.

In parallel developments, PayPal is expanding its Mastercard partnership to deploy AI-driven payments through its Agent Pay platform. Mastercard's secure infrastructure will underpin these intelligent checkout experiences, further blurring the lines between traditional finance and tech-driven solutions.