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Bilt acquires travel commissions platform Sion for $30M
1reports1reporting sources2026-03-12Update
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Bilt's acquisition of Sion strengthens its position in travel rewards, providing better commission management tools for advisors, potentially impacting the corporate travel payment ecosystem.
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3月12日
- PhocusWire All NewsBilt acquires travel commissions platform Sion for $30M
Rewards and payments company Bilt has acquired commission management platform Sion in a $30 million deal. Sion's software helps travel advisors and agencies with commission reconciliation. Following the acquisition, Sion will continue to operate independently under co-founders Alfons Musry and Irving Betesh. Bilt founder and CEO Ankur Jain said the move extends Bilt's services to travel advisors and builds a network of the world's best travel advisors.