Proof of Usefulness Report

FinScore

Analysis completed on 2/6/2026

+415
Proof of Usefulness Score
Certified Problem Solver

FinScore is a legitimate, established fintech company in the Philippines with significant traction (125 employees, multiple awards, bank partnerships). The project addresses a critical real-world problem (financial inclusion) using verifiable alternative data (telco scoring). However, the submission quality is poor, with lazy data entry (e.g., 'most people have used my product', 'everyone') and ambiguous revenue figures ('marketcap: 2500000'). Despite the low-effort submission, the underlying business fundamentals, team size, and proven utility warrant a high score comparable to established tech brands.

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Score Breakdown

Real World Utility+112.5
Audience Reach Impact+60.0
Technical Innovation+60.0
Evidence Of Traction+116.8
Market Timing Relevance+47.5
Functional Completeness+3.75
Subtotal+400.55
Usefulness Multiplierx1.04
Final Score+415

Project Details

Project URL
finscore.ph
Description
FinScore is an alternative credit scoring company that is powered by telco data and advanced analytics. Our credit scoring models and platform and fraud detection solutions help financial institutions reduce defaults, increase approval rates and combat fraud. Our mobile data credit scoring in the Philippines allows institutions to offer better services to existing customers, attract new ones, and approach untapped market segments. Through our Telco Scoring model, we provide insights based on 400+ variables, including call patterns, transactions, social circle, location, loyalty, and profile. Awards - Fastest Growing Digital Credit Scoring Platform 2021 by The Global Economics Awards - Best Fintech Start-up of the Year Philippines 2021 by The Asset Triple A Awards - Best Fintech Start-up for Credit Score Solutions 2020, Philippines by Global Brands Magazine - Most Innovative Data-based Scoring Solutions Provider in the Philippines 2020 by Wealth and Finance Magazine - Best Fintech Start-up of the Year Philippines 2020 by The Asset Triple A Awards

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