Earlier this month, online financial literacy platform for kids, Playmoolah won the startup challenge at Innotribe, an innovation breakout session at Sibos.

The Singapore-based startup gave a 10-minute pitch at Innotribe, competing against 10 other startups*, and was named the winner, earning $50,000 in cash as a prize. Playmoolah plans to use the money to make its platform even more interactive and add multi-lingual versions.

To learn more about Playmoolah, watch its FinovateFall 2012 demo.

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*In order to compete, companies were required to be less than 3 years old and have no more than $12 million in combined revenue and funding in the past year.