Proof of Usefulness Report

Finanshels.com

Analysis completed on 1/21/2026

+625
Proof of Usefulness Score
Category Standard

Finanshels is a verified, high-growth B2B financial platform based in the UAE with significant traction (80+ employees, 2000+ clients). While the submission contained exaggerated or careless text claims (e.g., 'most people have used my product', 'marketcap null'), independent verification confirms a robust operation solving critical accounting and tax compliance needs for SMEs in the MENA region. The project scores highly on utility and traction despite the poor quality of the form submission.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+9.6
Technical Innovation+8.25
Evidence Of Traction+17.0
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+64.35
Usefulness Multiplierx0.97
Final Score+624

Project Details

Project URL
finanshels.com
Description
At Finanshels, we are on a mission to simplify financial life for startups \u0026 SMEs through a technology first approach that focuses on providing tools and resources for a new generation of founders to manage their finance seamlessly.\n\nAccounting is the one industry that is not modernised yet.Managing finances is complex, fragmented and too slow. Too many teams and tools, excel sheets are flying back and forth which are highly human intensive and has no real time insights. As a result, founder's are flying blind about their financial data.\n\nWe are automating a lot of these excel sheets and providing real time insights to founder's 10x faster than before.\n\nOne team and one platform manages all your finances at a monthly subscription.

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