Proof of Usefulness Report

Interpay

Analysis completed on 2/10/2026

+603
Proof of Usefulness Score
Category Standard

Interpay is a verified, Riyadh-based fintech with significant operational scale (approx. 125 employees) and strategic partnerships (e.g., Global Blue), validated through external search despite a low-quality user submission. The company addresses a critical need in the Saudi market (Vision 2030 digital payments) and appears to be a robust B2B entity. The score is constrained by the poor quality of the submission data (vague claims like 'everyone' and 'most people') but boosted by the verifiable reality of the business's traction and size.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+21.25
Audience Reach Impact+12.0
Technical Innovation+6.0
Evidence Of Traction+15.0
Market Timing Relevance+9.0
Functional Completeness+0.25
Subtotal+635
Usefulness Multiplierx0.95
Final Score+603

Project Details

Project URL
Description
Headquartered in the financial hub of Saudi Arabia, Riyadh, Interpay is an innovative fintech firm dedicated to developing seamless digital payment solutions for banks, payment companies, and merchants. As a trusted technology partner, InterPay enhances merchant operations by integrating effortlessly with banking institutions, fostering a smooth, secure, and hassle-free digital environment for self-service transactions. Committed to providing a customized, end-to-end transaction experience, InterPay propels your business growth with its streamlined solutions.

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