The CFE Fund and Capital One announced the winner of the Multi-City Financial Empowerment Hackathon, a national effort to create software applications (apps) focused on financial inclusion. Representing San Francisco, MEDAPulse, in partnership with the Mission Economic Development Agency, won the national competition with a tool that helps financial counselors better engage with clients by using technology to remind them of the goals that clients committed to achieving between sessions.
Through a grant from Capital One, the CFE Fund provided funding and technical assistance to Chicago, New York City and San Francisco to host regional hackathons. Combined, hackathons in these cities had over 110 participants who worked in teams to create numerous apps, including budget trackers, goal-setting applications, financial achievement badges and financial action plans.