Bilt Rewards Acquires Banyan
March 17, 2025
Bilt Rewards has acquired Banyan, the item-level receipt data platform that has analyzed more than 20 billion receipts and processed over $200 billion in spend. The acquisition (Bilt's first) will integrate Banyan's receipt-level intelligence into Bilt's payments and neighborhood commerce network to power hyper-personalized rewards, automated FSA/HSA reimbursements, and expanded merchant experiences; Banyan will continue to operate independently under CEO Jehan Luth.
- Buyers
- Bilt Rewards
- Targets
- Banyan
- Industry
- Data & Analytics
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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