Proof of Usefulness Report

Forget Finance

Analysis completed on 1/22/2026

+35
Proof of Usefulness Score
You're In Business

Forget Finance was a legitimate VC-backed fintech app (raised ~€3.5M in 2022) that failed to scale. The app was discontinued in December 2024, and its technology/founders were acqui-hired by Liqid. The submission contains outdated information and highly deceptive/false claims regarding traction (e.g., 'most people have used my product').

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Score Breakdown

Real World Utility+15
Audience Reach Impact+5
Technical Innovation+60
Evidence Of Traction+20
Market Timing Relevance+5
Functional Completeness+5
Subtotal+20.25
Usefulness Multiplierx1.15
Final Score+23

Project Details

Project URL
Description
We make finance simple and accessible to everyone. Plan your financial future holistically from your smartphone. Forget Finance guides you step-by-step with personalised, AI-enabled advice and on-demand support from financial experts. Through white-labelled, integrated financial products, customers can easily invest and save without any hassle. All in one place. \nWe've publicly launched our mobile application in December 2021 and just raised our €3.5m VC seed round. We are now in the process of scaling and further developing our product.

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