# Aven

> Aven is a San Francisco-based fintech that built the first credit card backed by home equity. It pairs a Visa with a HELOC so homeowners can borrow against their house at mortgage-like rates while earning 2% unlimited cash back. Founded in 2019 by ex-Facebook and Square engineers, Aven hit a $2.2B valuation in 2025 after a $110M Series E led by Khosla Ventures and is building what it calls a 'machine banking' platform for American homeowners.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Sadi Khan (Co-Founder & CEO), Collin Wikman (Co-Founder & Head of Design)
- **Team size:** ~160 employees
- **Products:** Aven Home Equity Visa Card, Aven HELOC, Aven Advisor, Aven Bitcoin Visa Card
- **Notable:** Issued over $3 billion in credit lines since launch, Reached unicorn status in 2024, then doubled to $2.2B valuation in 2025, Built the first credit card backed by home equity

## Products & services

- **Aven Home Equity Visa Card** — A Visa credit card backed by the cardholder's home equity. Offers HELOC-level rates with unlimited 2% cash back, no annual fee, and 15-minute approval.
- **Aven HELOC** — A traditional home equity line of credit, originated digitally.
- **Aven Advisor** — A free financial app for homeowners that tracks home value, mortgage, equity, and credit.
- **Aven Bitcoin Visa Card** — Unveiled in 2026, a Visa credit card secured by Bitcoin collateral, with credit lines up to $1 million.

## Achievements

- Issued over $3 billion in credit lines since launch
- Reached unicorn status in 2024, then doubled to $2.2B valuation in 2025
- Built the first credit card backed by home equity
- Reported $100M in customer interest savings

## Latest updates

- **2026-05** — Unveiled Aven Bitcoin Visa Card at Bitcoin Conference 2026 in Las Vegas; credit lines up to $1M.
- **2025-09** — Closed $110M Series E led by Khosla Ventures at a $2.2B valuation.
- **2024** — Crossed $1.5B in credit lines and reached unicorn status.

## Links

- Website: https://aven.com
- LinkedIn: https://www.linkedin.com/company/avencard
- Twitter/X: https://x.com/avencard
- Instagram: https://www.instagram.com/theavencard/

---

Profile page: https://yespress.io/aven
Published by YesPress — https://yespress.io
Last updated: 2026-05-29