Proof of Usefulness Report

FinBiz Technologies AD

Analysis completed on 2/6/2026

+109
Proof of Usefulness Score
Gaining Momentum

Despite a low-quality submission with hyperbolic claims ('most people have used my product'), independent verification confirms FinBiz Technologies is a legitimate and successful fintech project. Founded in 2023 by experienced banking executives (Loic Le Pichoux, Sergey Panteleev), the company specializes in embedded finance and SME lending software. A major validation signal is its strategic acquisition/merger with ITF Group (a publicly listed financial entity) in September 2025. This exit event demonstrates 'Exceptional' traction and utility, outweighing the poor submission data. The score reflects high verified utility and business success, balanced against niche regional reach and poor response quality.

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Score Breakdown

Real World Utility+27.0
Audience Reach Impact+10.0
Technical Innovation+11.25
Evidence Of Traction+37.5
Market Timing Relevance+8.5
Functional Completeness+0.25
Subtotal+94.5
Usefulness Multiplierx1.15
Final Score+109

Project Details

Project URL
Description
FinBiz Technologies was founded in 2023 by Loic Le Pichoux and Sergey Panteleev to revolutionizing SME and Microcredit Lending Landscape with Empowering Software Innovations

Algorithm Insights

Market Position
Growing utility with room for optimization
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