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Better Home Equity Card Powered by Stripe Enables Easy Access to HELOC Funds and Introduces a Modern Access Layer Across the $21.4 Trillion Home Equity Market
Powered by Stripe, the Better Home Equity Card is designed to close the gap between financing and...
About this update from Betterlife Pharma Inc.
[{"type":"text","content":"Better Home Equity Card Powered by Stripe Enables Easy Access to HELOC Funds and Introduces a Modern Access Layer Across the $21.4 Trillion Home Equity Market\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n\n Powered by Stripe, the Better Home Equity Card is designed to close the gap between financing and deployment for home equity as unsecured borrowing climbs nationwide.\n \n\n\n\n\n Better Home & Finance Company (NASDAQ: BETR) today announced the Better Home Equity Card, built on Stripe’s financial infrastructure at Stripe Sessions 2026, the global internet economy conference. The new card provides homeowners with prepaid debit access to funds drawn from a secured Better HELOC, connecting financing, spending, and record keeping in a single integrated system. The card is designed to help eliminate the friction that has traditionally pushed homeowners towards high-cost unsecured debt.\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20260429486991/en/\n \n\n\n\n\n\n US homeowners collectively hold $21.4 trillion in tappable home equity, with more than 85 million consumers sitting on a median of $276,000 in available capital. Yet non-mortgage debt has climbed to $857 billion, with the average homeowner carrying $8,900 in debt and roughly 24 million homeowners carrying more than $10,000 in non-mortgage debt. Rather than treating home equity like generic cash, Better is rebuilding the interface between home equity borrowing and deployment to modernize how homeowners access capital they already own, while enabling greater visibility into spending behavior to inform future underwriting.\n \n\n “Homeowners are sitting on $21.4 trillion in equity and reaching for a credit card to pay for a kitchen renovation or backyard upgrade because the tools to access their equity haven’t evolved,” said Vishal Garg, CEO and Founder of Better. “Banks have known for years that homeowners were overpaying for credit cards when they had equity sitting right there. We've built the Better Home Equity Card to repair it.”\n \n\n Unlike a traditional credit card, which draws from an unsecured revolving balance, the Better Home Equity Card is a prepaid debit card that allows homeowners to easily access disbursemen...