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Bilt to acquire LAVA for $300M in sports push

PRIVATENov 02, 2026

Acquiring Company

Bilt

Acquired Company

LAVA

Financial ServicesFinanceFintechLendingSports

Description

Bilt, a neighborhood commerce and rewards platform, has announced its acquisition of LAVA, a loyalty technology provider for sports and entertainment organizations. The transaction is valued at $300 million. The deal brings LAVA's relationships with 56 professional sports franchises across the NFL, NBA, MLB, NHL, and MLS into Bilt.

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Company Information

Company

Bilt

About

Bilt is a financial technology company based in New York that rewards its members for paying rent and other housing expenses. By offering innovative solutions, Bilt aims to assist individuals in managing their housing costs effectively. The company's mission is to empower users to build credit and enhance their financial health.

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Frequently asked

Who acquired LAVA?

LAVA was acquired by Bilt. The deal was reported on November 2, 2026. Bilt is a financial technology company based in New York that rewards its members for paying rent and other housing expenses. Bilt is privately held and operates in Financial Services.

When did Bilt acquire LAVA?

Bilt's acquisition of LAVA was reported on November 2, 2026. Bilt, a neighborhood commerce and rewards platform, has announced its acquisition of LAVA, a loyalty technology provider for sports and entertainment organizations. The transaction is valued at $300 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does LAVA do?

LAVA is a technology platform powering real-time loyalty, membership, and customer experiences for sports and entertainment organizations. Its clients include 56 professional sports franchises across the NFL, NBA, MLB, NHL, and MLS. It is privately held, operating in Sports.

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