Bilt Rewards vs MarketAxess
Side-by-side comparison of AI visibility scores, market position, and capabilities
NYC renter loyalty on $530B rent market with Bilt Mastercard/Wells Fargo; $813M+ total, $10.75B valuation Jul 2025 ($250M General Catalyst/GID) targeting $1B revenue with 20+ travel partners competing with Chase Sapphire.
About
Bilt Rewards is a New York City-based fintech loyalty platform — backed with $813 million+ in total funding including a $250 million round in July 2025 co-led by General Catalyst and GID at a $10.75 billion valuation, following earlier rounds from Blackstone, Wells Fargo, Mastercard, Invitation Homes, AvalonBay, and others — providing renters with the ability to earn points on rent payments (historically unrewarded by loyalty programs) through the Bilt Mastercard issued with Wells Fargo, redeemable across 20+ airline and hotel loyalty programs, real estate purchases, and fitness classes at 40,000+ merchants. Targeting $1 billion in revenue by Q1 2026, Bilt serves millions of renters through its Bilt Alliance network of major residential landlords. Founded in 2019 by Ankur Jain, with Kenneth Chenault (former American Express CEO) as chair and Roger Goodell (NFL Commissioner) on the board.
New York electronic bond trading (NASDAQ: MKTX) $763M FY2024 revenue; Open Trading $2T+ liquidity, 40% US IG bond electronification, portfolio trading growth competing with Tradeweb and Bloomberg.
About
MarketAxess Holdings Inc. is a New York City-based electronic fixed income trading platform — publicly traded on the NASDAQ (NASDAQ: MKTX) as an S&P 500 Financials component — operating the leading electronic trading marketplace for US investment-grade corporate bonds, US high-yield bonds, emerging market bonds, municipal bonds, and US Treasury securities through approximately 850 employees globally. In fiscal year 2024, MarketAxess reported revenues of $763 million with record trading volumes in US investment-grade bonds and emerging market credit, as the multi-year electronification trend in bond markets continued to shift institutional fixed income trading from voice broker-dealer phone execution to electronic all-to-all trading on MarketAxess's Open Trading marketplace. CEO Chris Concannon (joined 2023, formerly Cboe Global Markets president) leads MarketAxess's strategy of expanding market share beyond the institutional investment-grade core into rate products (US Treasuries, agency securities), high-yield, and portfolio trading as fixed income electronification accelerates — currently approximately 40% of US investment-grade bonds trade electronically versus 15% in 2015. MarketAxess's Open Trading protocol (anonymous all-to-all price discovery between buy-side, sell-side, and market makers) generated over $2 trillion in liquidity provision in 2024, reducing transaction costs versus bilateral dealer quotes by an average of $0.28 per $100 face value.
AI Visibility Head-to-Head
Key Details
Also Compare
Track AI Visibility in Real Time
Monitor how your brand performs across ChatGPT, Gemini, Perplexity, Claude, and Grok daily.