Proof of Usefulness Report

Fundergo Limited

Analysis completed on 2/10/2026

+298
Proof of Usefulness Score
Gaining Momentum

Fundergo Limited is a verified Hong Kong-based fintech and mortgage brokerage company backed by Cyberport (HK government tech hub). While the submission contains exaggerated claims (e.g., 'most people have used my product') and poor targeting ('everyone'), independent verification confirms significant traction, including over $906M USD in facilitated loan volume and a team of ~11-30 professionals. The platform 'iMort' uses AI for mortgage matching, demonstrating legitimate technical utility. The project is a solid revenue-generating SME, comparable in economic scale to the calibration benchmark, though the submission quality severely underrepresents its actual value.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+6.40
Technical Innovation+9.75
Evidence Of Traction+20.00
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal63.65 (Unscaled Raw Score)
Usefulness Multiplierx4.68 (Calibration Multiplier x 0.98 Random Variance)
Final Score+298

Project Details

Project URL
Description
Fundergo is specialized in wide range of financing products, partnering with over 200 bank and non-bank institutes helping our clients (both corporate and individuals) to understand and manage their financial liabilities and borrowing relationships. We also provide the best solution to clients financing need as well as access to funders. #Private Credit #Asset back Lending #Credit Fund #Fintech #Bank Mortgage #non-bank mortgage #Trade Finance #Project Finance # Acquisition loan #Leveraged Buy-out

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