Aave, formerly known as ETHLend, is a decentralized p2p lending platform that allows people all over the world to obtain loans or become lenders. As a decentralized platform using blockchain technology, it allows you to obtain a loan in a secure manner within a few minutes.
ETHLend became Aave in September 2018. "Aave" is a Finnish word, which means "ghost". "Ghost" represents Aave's efforts to create a transparent and open infrastructure for decentralized finance. The company is headquartered in London, United Kingdom.