[scheme271]

Not surprising, Bilt is apparently losing quite a bit of money on their rent payment rewards. Unless Mesa had a hefty transaction fee built in, they were probably burning through that 9M in cash pretty quickly.

[cmeacham98]

Bilt is allegedly launching a new version with rewards for paying mortgages lol

[scheme271]

Sure, but they are also transitioning to another bank. Wells-Fargo was losing around 10M/month on Bilt and ended it's partnership with Bilt.