Aven

Aven (operating as Aven Financial, Inc., also doing business as "AvenCard" in some states) is a San Francisco-based fintech that lets homeowners access a home equity line of credit (HELOC) through an ordinary-feeling Visa credit card rather than a traditional home-equity loan process. The company's stated mission is to deliver the lowest-cost and most transparent access to capital by giving people credit for what they already own.

Aven's core product is the Home Equity Visa Card, alongside related offerings including Home Equity Cash, a Rewards Visa Card, Flexible Cash, a High-Yield Checking account, and a Bitcoin-linked Visa Card. The underlying credit lines are issued through Coastal Community Bank, a Washington State bank; Aven says it uses data analysis and technology to approve applicants within minutes and typically ship a physical card within days. The company targets higher-income homeowners (per Forbes reporting, generally those earning over $100,000 annually) with strong credit histories, and advertises no fees on its floating-rate HELOC-backed balances.

The company has raised more than $100 million across its most recent two rounds alone, reaching unicorn status in mid-2024 and roughly doubling its valuation again about a year later. Specific investor names for these rounds could not be independently confirmed via a reachable source this session and are therefore omitted. Aven's advisory board includes several former senior U.S. government and housing-finance officials, including former White House Deputy Chief of Staff Jim Messina, former House Financial Services Committee Chairman Patrick McHenry, former Freddie Mac CEO Michael DeVito, and former Fannie Mae CEO Timothy Mayopoulos.