Founded in 2019, Aven is a credit card provider that uses home equity to provide users with low interests rates on their credit cards (known as HELOC). The company prides itself on minimalism and speed (without hindering quality) - with users able to be approved in as little as fifteen minutes for one of its cards.
With its mobile friendly, fast app, Aven is a bit of a phenomenon in the credit card space. It is the first credit card to be created with the unlocking of home equity, and its “without frills” approach makes what can be quite a daunting and overwhelming process seem far more approachable for its customers.
Aven has had multiple successful funding rounds since it was founded, enabling it to expand operations and pursue its mission. A 2025 Series E fundraise saw the company double its valuation to valuation of $2.2 billion. Its next steps include expanding into mortgage refinancing and other asset classes.
Freddie
Company Specialist at Welcome to the Jungle