With 8.4 million unbanked U.S. households or about 14.1 million adults, we felt there was an urgent need for a financial learning platform for college students, unbanked adults, small businesses, or large companies.
What it does
Fin-Life is an educational platform for learning basic financial products such as loans, mortgages and checking accounts and more advanced topics including derivatives and futures trading. On top of literature to learn about financial topics, there is also a sandbox section called Trade where users can practice buying and selling shares of companies using a pre-determined cashflow.
How we built it
Challenges we ran into
Within our sandbox section Trade, we had difficulty limiting the number of 0's following the decimal for the cash and portfolio values. We also had difficulty finding financial API's that provided historical data.
Accomplishments that we're proud of
What we learned
What's next for Fin-Life
In the future, we would like to use recurrent neural networks (RNN) and integrate automated trading for users based on the long short term memory (LSTM) model.