Inspiration

The inspiration for this project came from the desire to make investing more accessible and engaging for beginner investors. By combining the ease of a "swipe-to-explore" interface with meaningful financial insights, we wanted to create a platform that simplifies company evaluation while keeping the experience interactive and intuitive.

What it does

GrowFolio is a web app where users can swipe through companies, but instead of profiles, they explore financial metrics and evaluations. Each card provides key data derived from financial statements which empowers users to discover potential investment opportunities in an enjoyable and simplified manner.

How we built it

Our process of building this app started with product ideation. Once we settled onto our idea, we attempted to design a prototype in Figma. Then, we utilized Swift and SwiftUI in Xcode to manufacture the app. In order to get the financial metrics, we utilized python based data processing and YahooFinance API to collect the data.

Challenges we ran into

Unfortunately, we were unable to readily transfer our data into Swift. As first time hackers, this project was hard to navigate, so in the end we had to hard code our data into Swift. In the future, we hope to find a way to integrate this so we can incorporate more companies and have dynamic changes rather than the current static information we have right now.

Accomplishments that we're proud of

We are proud of building a functional prototype that processes and displays key financial metrics and successfully merging the swipe feature with detailed financial evaluations in a seamless way. We are also proud of how our team grew and learned from the whole process.

What we learned

  • how to work with financial APIs and effectively calculate meaningful ratios from raw data
  • balancing user experience with the need to provide detailed and accurate financial information
  • the importance of simplifying financial jargon to cater to users with low levels of investment knowledge

What's next for GrowFolio

We hope to actually incorporate the database instead of hard-coding it. In addition, we also hope to make the design more sleek and fit what our original goal was.

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