Bilt Pays $300 Million for Sports Loyalty Platform Lava
Neighborhood commerce and rewards company Bilt is acquiring sports and entertainment loyalty platform Lava, according to a Monday (Nov. 2) news release. The $300 million deal brings Lava’s technology and partnerships with 56 professional sports franchises into Bilt’s “rapidly expanding neighborhood commerce ecosystem,” per the release. “The deal marks a significant step in Bilt’s expansion […]…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.