Mastercard, Wells Fargo and a host of real estate investors supplied funding for the renters loyalty scheme at a $350m valuation.

Bilt Rewards, a US-based creator of loyalty programme for property renters, raised $60m on Tuesday in a growth equity round featuring number of corporates at a valuation of $350m.

Financial services group Wells Fargo, payment services firm Mastercard and real estate investment firms Equity Residential, GID, LENx, The Moinian Group, AvalonBay Communities, Related Group, Morgan Properties and Starwood Capital Group.

The round was filled out by investment manager Blackstone Group and New Valley Ventures, the venture capital arm of real…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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