Sign up for the latest updates and news

More insights

BDev Ventures Invests in Piñata to Help Renters Build Credit

The investment fuels the booming Proptech sector, set to reach $133.05 billion by 2032. Piñata is also launching its new PiñataPay, a revolutionary debit solution.

Mountain View, CA – August 22, 2023 – BDev Ventures, a venture capital firm specializing in strategic investments in early-stage and growth technology companies, announced today an investment in Piñata, a property technology company that offers a reward and credit-building program for renters.

BDev Ventures employs a proprietary growth platform when investing in companies. This approach accelerates startup revenue growth, through lead generation and other sales funnel improvements, positioning itself as a operational partner beyond passive capital infusion.

“We see tremendous potential in Piñata and the fintech industry,” said Matt Wilson, co-founder and managing partner at BDev Ventures. “We are committed to empowering tech startups. Through strategic investments and collaborative partnerships, we aim to accelerate the transformation of new businesses, providing the support they need to succeed.”

Concurrent with this partnership, Piñata launched PiñataPay. The platform now offers renters access to a dedicated bank account and a Visa debit card linked to their account, simplifying reward spending and credit history building. This move marks Piñata’s entry into the fintech market, projected to reach $1.5 trillion in annual revenue by 2030.

Lily Liu, CEO of Pinata, adds, “We’re absolutely thrilled to have BDev Ventures as one of our newest investors. Their wealth of experience and expertise couldn’t have come at a better time as we navigate the exciting path of our business expansion. Our commitment to enhancing the renter experience, from rewards to credit reporting, and the innovative PinataPay Visa card, is stronger than ever.”

In 2023, BDev Ventures is actively deploying capital to support the growth of startups. The company focuses on early-stage and growth B2B software startups that have achieved product-market fit and have a strategic focus on the US or Latin American markets.

About Piñata

Piñata is the nation’s leading renter payment, reward, and credit-building platform. Leveraging AI, Piñata streamlines and enriches the renter journey, offering a suite of value-add tools and services that benefit both landlords and tenants. The company’s free app currently has a 4.6 rating on the Apple iOS store. For more information, visit

Sign up for the latest updates and news

Forgot your Password?

Please enter your username or email address and click on the button below.

Investor Login

Professional Services Industry
AI-chatbot that enhances communication with clients and boosts sales.
Founder: Nick Kljaic
Professional Services Industry
MarTech solution designed to drive greater foot traffic to brick-and-mortar retailers via targeted coupon promotions.
Founder: Brandon Willey
Professional Services Industry
An asset intelligence platform designed to reduce costs & GHG emissions and eliminate unplanned downtime in Industrial Manufacturing and Ag.
Founder: Lucas Funes
Professional Services Industry
Develops physical products to replace single use plastics that are sustainable, compostable, biodegradable, and without chemicals.
Founder: Oscar Ismael Herrera Varas
Professional Services Industry
Platform enabling companies twitch hybrid or remote workers ways of connecting through games, trainings, and other activities.
Founder: Mateo Suarez Stewart
Professional Services Industry
Recruiting platform designed to facilitate predictive talent hiring, saving time for HR teams.

Founder: Shafiur R.

Professional Services Industry
Platform that makes launching hyper-local Out-Of-Home advertising as simple, scalable, and measurable as posting online ads.
Founder: Judah Longgrear
Professional Services Industry
AI-platform that automates workload across team members, predicting profitability and reducing burnout.

Founder: Santiago Bibiloni