Core Insights - Venmo has announced a partnership with Bilt to enhance its in-app commerce strategy, allowing users to pay rent, mortgage, and shop at local merchants through the Venmo platform, marking a shift from a peer-to-peer payment app to a comprehensive commerce platform [1][4] Group 1: Partnership Details - The partnership integrates Bilt's rent and rewards network with Venmo's payment experience, providing a simple and rewarding way for renters and homeowners to manage monthly payments [2][3] - Starting in early 2026, Bilt Members will be able to make housing payments directly in the Bilt app or within Venmo, using their Venmo balance or linked payment methods [1][5] Group 2: User Benefits - Bilt Members can complete payments in just a few taps, split costs with roommates, and earn Bilt Points redeemable for various rewards, enhancing the overall user experience [2][3] - The partnership extends Venmo's payment capabilities to over 45,000 merchants within Bilt's network, providing consumers with more payment options and flexibility [3][4] Group 3: Market Impact - With over 5 million Bilt Members and a presence in one in four residential buildings, the partnership aims to simplify payment processes for millions of renters while connecting them with local businesses [3][6] - The collaboration is seen as a significant step in Venmo's broader strategy to integrate everyday commerce into its platform, potentially reshaping how the next generation engages in spending and sharing [4][5]