Today, we’re introducing the Aven Home Purchase Line. Go from open-house to owning a home in 7 days.
Buying a home with a mortgage used to mean finding the right place, then waiting weeks for financing to catch up - this process is broken.
At Aven, we’ve spent a lot of time thinking about how to build new financial products and make them an order of magnitude better for consumers. The mortgage has been one of the hardest and clunkiest products for decades, so we created a new way to buy a home.
We’ve already helped someone become a first-time homebuyer in Tucson in 67 hours. Thanks to @morganb , @nejatian , @BradBonney ,and our friends at @Opendoor for helping make this possible!
Read more in Forbes: https://t.co/ABUGvNnj1E
Aven Financial, Inc. NMLS #2042345. Accounts are made by Coastal Community Bank, Member FDIC. NMLS #462289. Equal Housing Lender.
You might be buying a home the wrong way.
The homebuying process is stuck in the past. Finding the right house can take weeks. Then financing can drag on for months.
Today, we’re launching the Aven Home Purchase Line. One buyer has already used it to go from application to homeowner in 67 hours.
Buying a home doesn’t have to take forever. Get a line of credit that finances the home purchase itself. Find out how: https://t.co/RkJV7bOvYg.
Aven Financial, Inc. NMLS #2042345. Accounts are made by Coastal Community Bank, Member FDIC. NMLS #462289. Equal Housing Lender.
Buying a home is one of the biggest financial decisions people will ever make. It hasn’t changed and has been slow and expensive for decades.
Learn more about how we’ve rebuilt homebuying with our Home Purchase Line, via @JeffKauflin@Forbes: https://t.co/f0n8v0d1cg
Aven Financial, Inc. NMLS #2042345. Accounts are made by Coastal Community Bank, Member FDIC. NMLS #462289. Equal Housing Lender.
A couple of months ago, DD News (yes, the sarkari one) reached out for my thoughts on AI.
Didn’t expect this to turn into a genuinely world-class documentary.
Link in first reply, worth your time. @DDNewslive@DDIndialive
Have Bitcoin? Unlock up to $1 million at 10X longer than the industry standard with the Aven Bitcoin Visa Card. Apply now at https://t.co/oDl7Mb8wMs.
See https://t.co/oDl7Mb8wMs for more details and disclosures.
Last week, we brought together @SadiSKhan, @mvernal, and the top engineers to answer what the road to VP or CTO actually looks like.
Check out some of the top moments from the event 👇
Don't miss this week's @uncapped_pod and @vkhosla@rabois on #fintech:
46:36 @khoslaventures track record in financial services
47:01 Why Aven will be the next surprise Stripe
47:38 How the Aven Card works
48:25 What it takes to be an iconic fintech
https://t.co/aRj20Ixazt
In what Forbes calls an “unprecedented move,” we’ve taken a stand in the finance industry by helping launch a new federal credit union: Haven FCU.
This reflects our deep commitment to reducing the cost of capital for consumers and expanding homeownership. Credit unions put members first and are truly customer-centric financial institutions, closely aligning with Aven’s vision and goals.
https://t.co/Oas8BXyXpD
Join @SadiSKhan, CEO of Aven Financial, Inc., and Aven advisory board member and former member of the Federal Reserve Board of Governors, Kevin Warsh, as they dig into the heart of what success looks like in America.
https://t.co/AbA1ZNKM6u
#Fintech#AI#KevinWarsh#Aven#Crypto
Just had a powerful convo with former Fed Governor Kevin Warsh about AI, growth, and what founders should really be focused on right now.
Kevin explains why most founders are thinking about AI backwards, how crypto got its branding wrong and why they took 10 years to fix it, and how AI can expand businesses and ship new products now.
Watch the full interview if you’re building now: https://t.co/X8RayO8vsE
Life update: I have spent the last year+ as an engineering lead at Aven, working on consumer apps and growth. This is a talent-dense team working on a single problem: reducing the cost of capital for everyone.
Hiring aggressively - if you or a friend would be a good fit, DM me!
Sadi (@SadiSKhan) is a machine. He is the embodiment of "you can just do things." Crazy that they just took the insight of "we can build a credit card with a structurally lower cost-of-capital than any competitor" at the seed into a multi-billion startup.
Congrats to the entire @AvenCard team.
With over $1T of credit card debt in the US, and over $200B of interest payments alone that consumers are having to pay - I think this is one of the most important problems anyone can work on today.
Our mission at @AvenCard is to drop this cost of capital by 50% - - one of the largest changes in the cost of capital in the history of credit cards.
Here’s why you should join us - https://t.co/0zPS1bEfTY
🚨NEW: DOGE team says that there was a $4B COVID fund in the Department of Education that had NO RECEIPTS REQUIRED so Government employees could draw down on it and used the money for PARTIES and to rent out venues like Caesars Palace, etc.
When DOGE mandated receipts to be required all money withdraws STOPPED.
"They were basically partying on the taxpayer money...This was fraud in flagrante delicto...fraud at scale."
BREAKING: DOGE staffer reveals the ‘Institute of Peace’ had a $130,000 contract with a former member of the Taliban and deleted 1 Terabyte of accounting records when DOGE entered headquarters.
The data was recovered and evidence was referred to the FBI and DOJ.
Hey, @nytimes we fixed it for you. This was a TERRORIST ATTACK plain and simple.
Whether it’s India or Israel, when it comes to TERRORISM the NYT is removed from reality.
We stand in solidarity with India in the wake of the horrific Islamist terrorist attack, targeting and killing 26 Hindus in Pahalgam. My prayers and deepest sympathies are with those who lost a loved one, PM @narendramodi, and with all the people of India. We are with you and support you as you hunt down those responsible for this heinous attack.