Bilt Pays $300 Million for Sports Loyalty Platform Lava

T2Covered by 1 source · first reported by PYMNTS at 02 Nov, 17:13 UTC

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…