almost 8 years ago
Hot on the heels of the MyMoneyAppUp App Design Challenge, The D2D Fund (D2D Fund) and the Center for Financial Services Innovation (CFSI) are proud to announce the launch of the Financial Capability Development Competition (FinCapDev). This is where you can take your MyMoneyAppUp idea or app design and see it through to a reality: a fully functioning, downloadable app. And as we did for the MyMoneyAppUp Challenge, we’re organizing the resources you’ll need to make that happen, including start-up cash from a $100,000 pool, access to valuable technology resources, access to experts and organizations in the financial services and technology industries (see participating organizations below), the chance to demo your app for a panel of expert judges at an financial services industry event... and cash prizes totaling $100,000.
So the time is now. One in four Americans is underserved by financial services. Two in five—more than 92 million—give their personal finance knowledge a grade of either C, D or F. But as the world goes increasingly mobile, financial services and knowledge will too.
That’s the opportunity moment. And that’s where you come in.
FinCapDev is made possible by the financial support of the Ford Foundation, the Citi Foundation, and Omidyar Network. Additional FinCapDev project partners providing generous technical and professional support include Capital One Financial Corporation, Citi, Dell Social Innovation Challenge, Facebook, H&R Block, ideas42, MasterCard, and Yodlee.
Thanks and good luck!
-The MyMoneyAppUp and FinCapDev Teams