Proof of Usefulness Report

FatakPay

Analysis completed on 2/7/2026

+660
Proof of Usefulness Score
Category Standard

FatakPay is a legitimate, scaling Fintech company in India with verifiable traction (approx. $17M annual revenue, 5M+ users, and $6M+ funding), which places it significantly above the calibration benchmark. However, the submission itself was of extremely poor quality, containing exaggerated claims ('most people have used my product'), confused metrics ('marketcap' in revenue field), and vague descriptors ('everyone'). The score reflects the high real-world value and proven market fit of the actual business, heavily penalized in the 'Response Quality' section for the low-effort input.

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Score Breakdown

Real World Utility+200
Audience Reach Impact+160
Technical Innovation+45
Evidence Of Traction+225
Market Timing Relevance+60
Functional Completeness+5
Subtotal+695
Usefulness Multiplierx0.95
Final Score+660

Project Details

Project URL
Description
FatakPay is building a new way to access credit faster. Anyone can face any financial emergency anytime, so we prioritize providing credit quickly and conveniently in times of need. We will assist you in preventing any future inconvenience caused by the inability to make timely payments. FatakPay guarantees a brilliant, quicker, and transparent transaction experience – without interest fees or hidden charges. Sign up in minutes, get your credit approved digitally, and proceed with any transaction securely anywhere using the FatakPay app. We're driving the FinTech revolution in India by creating powerful products and technology platforms and helping companies create exceptional employee welfare experiences. Contact our team if you're a company that puts employees first. For more information about our product, team, and company, visit http://fatakpay.com.

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