Proof of Usefulness Report

FinAGG Technologies

Analysis completed on 2/4/2026

+660
Proof of Usefulness Score
Category Standard

FinAGG Technologies is a verified Series A fintech company in India, having raised ~$15.3M (including an $11M round in Jan 2024) and disbursed over ₹5,230 Cr ($630M+) to 85,000+ MSMEs. The user provided an accurate market valuation (3.33B INR) but poor descriptive claims ('everyone', 'most people'). The project demonstrates high real-world utility and strong traction, but the submission quality was low.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+237.5
Audience Reach Impact+96.0
Technical Innovation+112.5
Evidence Of Traction+180.0
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+726
Usefulness Multiplierx0.91
Final Score+661

Project Details

Project URL
finagg.ai
Description
FinAGG Technologies is a fintech startup that provides invoice-based financing solutions and working capital for micro, small, and medium enterprises (MSMEs) in India. Founded in 2020, the company facilitates supply chain finance through its proprietary platform, enabling distributors, retailers, and suppliers to access credit digitally. FinAGG partners with large brands and financial institutions to offer seamless and efficient credit solutions, aiming to boost MSME growth and liquidity within the supply chain.

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