Tech in Asia announced the winners of the 10th edition of Tech Hive, Beijing's premiere Startup Weekend-style 54-hour hackathon. Milefo, a goal-based savings and investment app for individuals in China, was announced as the winner of the competition. The application’s founder, Gregory Vandenbergh, is a graduate of CKGSB’s MBA program.
The 10th edition of Tech Hive, Beijing’s premiere Startup Weekend-style 54-hour hackathon, came and passed. Six teams demoed their progress in front of five local VCs Sunday night. The article mentions the top winners of Tech Hive and their winning product demos. Milefo, a goal-based savings and investment app for individuals in China, was announced as the winner of the competition. The application’s founder, Gregory Vandenbergh, is a graduate of CKGSB’s MBA program. The article says that he has been working on the project with a professor and another teammate at CKGSB since June.
Top prize went to Milefo (no link available), a goal-based savings and investment app for individuals in China. Named after the laughing Buddha who predicts future wealth, the app helps people to save up money and invest wisely. Choose any financial goal based on how much you need and by when you want to have it – a new car, a rainy day fund, retirement, etc – and use a slider to select your preferred risk-to-reward ratio. Once you’ve put in all the relevant information, the app will withdraw a select amount of money from your bank account every month and put it towards that goal in the form of a personalized stock-bond mix.
Read the full story on the Tech in Asia site.
