Proof of Usefulness Report

Digitify

Analysis completed on 2/20/2026

+684
Proof of Usefulness Score
Category Standard

Digitify is a verified, established FinTech development agency with significant scale (350+ employees) and high-profile clients (YAP, RAKBANK, Emirates Development Bank). The project demonstrates exceptional Real-World Utility and Traction, operating well beyond the 'startup' phase with likely revenues in the $10M-$50M range. The score is heavily bolstered by verified business scale and client roster, despite a low-effort submission (generic 'everyone' reach claims). The evaluation reflects a mature B2B enterprise with proven market fit.

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Score Breakdown

Real World Utility+220
Audience Reach Impact+135
Technical Innovation+120
Evidence Of Traction+213.75
Market Timing Relevance+85
Functional Completeness+20
Subtotal+793.75
Usefulness Multiplierx0.86
Final Score+684

Project Details

Project URL
Description
digitify builds powerful digital applications and products for start-ups and established firms across FinTech and beyond. Our work and results are truly transformational, changing how businesses and consumers exchange funds and manage their wealth. Some of our FinTech applications include: 1️⃣ The first independent digital banking platform in the UAE called YAP, in association with RAKBANK 2️⃣ A feature-rich mobile wealth management application for the youth 3️⃣ Emirates Development Bank’s new business banking app 4️⃣ A complete mobile payments and IoT platform for a wearable tech provider called Xplora 5️⃣ A remittance and international money transfer app, based in the UK called Vowpay With over 160 technical staff that works intricately with clients to design, develop and deploy new digital products, we offer a complete end-to-end service all under one roof, including: 1️⃣ Mobile Development 2️⃣ Front & Back-end Development 3️⃣ DevOps 4️⃣ Cybersecurity 5️⃣ Integration 6️⃣ QA Automation and more Since 2016, we’ve helped organisations to deliver new, innovative services by integrating applications into our ecosystem of partners, including: 1️⃣ Payment Gateway & Processor Integration 2️⃣ KYC and AML 3️⃣ Payment Schemers (Visa, MasterCard) 4️⃣ Acquiring and Issuing Bank Integrations 5️⃣ Mobile Payments (Apple and Samsung) We believe we are helping to build the future of FinTech

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline