betterhaves Wins FinCapDev Competition

Financial Capability Development (FinCapDev) has announced the winner of their $100,000 nationwide challenge. The challenge looked for an organization that facilitates the development of innovative, market-ready mobile apps in order to help consumers gain a better understanding of financial services and to make financial education more widely available. Earlier this week, at a FinCapDev $100K demo day, it was announced that betterhaves would win the grand prize of $50,000, based on the app’s innovativeness, impact and potential.

The betterhaves app, led by a team of Itai Leibowitz, Marcos Sisqueira and Vanya Pasheva, helps couples build and use a household budget together. “This is a game-changing moment for betterhaves. FinCapDev has helped us turn an idea into a reality. And it has vaulted us to the next level in our mission to help couples make sound decisions,” said Sisqueira.

With its release on Google Play and the victory in FinCapDev’s challenge, the app looks to be on its way to success. Yet, betterhaves is not the only thing to gain from this event. With the development of a variety of financial education apps as a result of FinCapDev’s challenge, the financial literacy community’s tech sector is growing. Financial Education software is now becoming more widely available, just as FinCapDev intended. FinCapDev is very excited to be a part of growing “the foundation of a true ecosystem”, according to Timothy Flacke, executive director to a FinCapDev administering organization. Through this challenge, FinCapDev is creating encouragement for Financial Education innovation and they are very glad to see it succeed. For more information on the announcement or the betterhaves app, please click here.