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Bilt Pays $300 Million for Sports Loyalty Platform Lava

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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 […]

The post Bilt Pays $300 Million for Sports Loyalty Platform Lava appeared first on PYMNTS.com .

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