People love getting free stuff for money they’re already spending, and Bilt Rewards is cashing in on that. Users get points for rent payments — typically a person’s biggest monthly expense — that they can exchange for travel.
Bilt is among startups highlighted this week in travel sectors in need of modernization: Loyalty, vacation rentals, travel insurance, tours and attractions, and hospitality hiring.
Six startups involved in the travel industry announced fundraises totaling over $262 million.
Bilt Rewards: $150 Million
Bilt Rewards, a loyalty platform that customers can use to book travel, has raised $150 million.
Teachers’ Venture Growth, the investment arm of Ontario Teachers’ Pension Plan, led…