Iris Solutions is a verified PSD2-licensed payment institution in Southeast Europe (Bulgaria) with legitimate bank integrations (Investbank, UniCredit) and utility partnerships (Sofiyska Voda). However, the submission is of extremely low quality, containing hyperbolic claims ('audience: everyone', 'most people have used my product') and discrepancies in team size (submission claims 125; website lists ~15 key members, though 'Iris Software' is a separate large entity likely confused here). The 'market cap' of 17M is likely a valuation (BGN/EUR) consistent with a regional fintech. The score reflects strong underlying business utility and verified regional traction, heavily penalized for poor evidence and exaggerated reach.
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
Score Breakdown
Project Details
Algorithm Insights
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