Joe talks about America’s housing problem with Ankur Jain, the founder and CEO of Bilt Rewards, a startup that helps renters build credit and earn points on rent payments. Ankur shares how Bilt quadrupled its valuation to $1.5 billion in less than a year and how renters are able to pay their rent with the Bilt Mastercard at any property and start earning points on rent and non-rent transactions.
About Ankur Jain: Ankur is the founder and CEO of Bilt Rewards—the first major loyalty program that allows renters to earn points on rent and build a path toward homeownership. The loyalty program was developed in partnership with an alliance of the nation’s largest multifamily owners/operators, representing 2 million units across the US. Bilt has also partnered with Mastercard and Wells Fargo to issue the Bilt Mastercard—the first and only credit card that can be used to pay rent at any apartment with no fees.
Jain is also the founder of Kairos, a venture studio building companies to tackle the world’s greatest challenges. Currently, the Kairos Portfolio of brands are focused on making essential services like housing and healthcare more affordable. Over the years, Kairos has helped launch and grow over $6.5bn worth of companies tackling problems in healthcare, housing costs, transportation networks, and more.
Before rejoining Kairos in May 2017, Jain was the Chief Product Officer at Tinder, the world’s largest social network for meeting people. He joined Tinder after it acquired his previous company, Humin, where he served as Founder & CEO.
Over the years Jain has been recognized for a variety of achievements. In 2017, he was named a Young Global Leader by the World Economic Forum. In 2011, Inc. magazine named Ankur Jain the “Best Connected 21-Year-Old in the World” and awarded Jain “30 Under 30”. In 2012, Jain was named “30 under 30: Solution Broker” by the Christian Science Monitor. And in 2015, Forbes also named Jain to their “30 under 30” list. Jain also currently serves on the innovation board of the X-Prize foundation and as a member of the Pacific Council on Foreign Relations.
Jain graduated from the Wharton School of Business in May 2011.
Hosted By: Joe Pardavila