Most Innovative Companies Bilt to last? Inside the points-obsessed startup that rewards you for paying rent
Jul 10, 2025
David Salazar, an associate editor at Fast Company, discusses groundbreaking business innovations, including Bilt Rewards, a startup that rewards renters with points for timely payments. Ainsley Harris, a senior writer who profiled Bilt and founder Ankur Jain, shares insights on its ambitious plans for the future. Mark Barrocas, CEO of SharkNinja, dives into how his company innovates by developing consumer products to meet unmet needs, leveraging consumer insights to shape their product strategies and expand their market reach.
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Ankur Jain's Strategic Networking
- Ankur Jain, Bilt's founder, combines strategic networking with entrepreneurial ambition.
- His background and connections have significantly fueled Bilt's growth and credibility.
Bilt Rewards Rent Payments
- Bilt allows renters to earn rewards via rent payments, a largely untapped market.
- This model benefits landlords by incentivizing on-time payments and lease renewals.
Bilt's Fee-Free Rent Processing
- Payment industry's 3% interchange fee on trillions adds up substantially.
- Bilt cleverly processes rent payments like debit to avoid this fee, benefiting renters and landlords.
