Proof of Usefulness Report

ICIRED

Analysis completed on 1/23/2026

+346
Proof of Usefulness Score
Certified Problem Solver

ICIRED is a legitimate and established Spanish fintech (est. 2015) offering valuable debt recovery and credit risk management solutions, backed by significant partners like Informa D&B and the Spanish General Council of Lawyers (CGAE). However, the project submission itself is of extremely low quality, containing hyperbolic and unverifiable claims (e.g., 'most people have used my product', 'audience reach: everyone') and nonsensical data fields ('monthlyRevenue: all time marketcap: null'). While the underlying business has high real-world utility and verifiable institutional traction, the score is heavily penalized by the lack of specific evidence provided in the submission and the poor quality of the response.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+30.0
Technical Innovation+37.5
Evidence Of Traction+62.5
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+412.5
Usefulness Multiplierx0.84
Final Score+347

Project Details

Description
ICIRED is a Spanish company that operates in the financial technology sector, specializing in credit risk management and debt recovery solutions. Through its platform, iciredimpagados.com, ICIRED provides services that help businesses and individuals manage unpaid debts and improve their credit profiles. The company offers tools for reporting and tracking outstanding debts, facilitating communication between creditors and debtors, and providing access to credit information. ICIRED aims to enhance transparency and efficiency in the credit market, helping clients make informed financial decisions and recover debts more effectively.

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