Aven

Aven is a fintech company that gives American homeowners access to their home equity through a digital-first credit card product. The Aven Home Equity Credit Card combines the flexibility of a credit card with the lower rates associated with home equity financing, and is offered with transparent terms and no hidden fees. The company operates in the United States, across consumer finance, home equity lending and credit cards.

Its technical work spans fintech, consumer credit technology, digital lending, home equity financing and financial services software. The product is delivered as a digital-first experience, and the company states that it applies current technology to making homeowners' equity "work smarter, not harder".

The scale of the operation is material: Aven reports having saved customers more than $215 million in interest and funded more than $3 billion in access to capital. The company refers to a US home equity market of over $30 trillion. Aven is backed by investors including Khosla Ventures, Founders Fund and General Catalyst.