Proof of Usefulness Report

Knight FinTech

Analysis completed on 2/9/2026

+580
Proof of Usefulness Score
Industry Mainstay

Knight FinTech is a verified, high-growth B2B fintech company (Series A, Accel-backed, ~$30M funding) delivering critical banking infrastructure. While the project's actual traction (85+ financial institutions, ~$3.7M revenue) and team size (~300 employees) place it in a high-tier category (Calibration: 400-700), the submission quality was exceptionally poor. The submitter provided inaccurate claims (e.g., 'everyone' as audience, 'most people' as traction) and exaggerated the team size (750 claimed vs ~300 verified). The final score reflects the project's strong real-world utility and verified market position, heavily penalized for the low quality of the submitted evidence.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+75.0
Technical Innovation+120.0
Evidence Of Traction+112.5
Market Timing Relevance+95.0
Functional Completeness+2.5
Subtotal+630
Usefulness Multiplierx0.92
Final Score+580

Project Details

Description
Knight FinTech is a new age banking technology company that provides full-stack banking tech solutions in the domain of Co-lending, Lending and Treasury. Knight FinTech leverages cutting edge technologies to simplify the complex banking problems using Cloud-first, API driven solutions. Knight FinTech's powerful suite of banking infrastructure solutions, coupled with flexible and secure middleware deeply integrates with legacy systems without displacing the existing systems, while bringing process efficiency, automation, and scalability at affordability. Knight Fintech is proudly serving over 60 Financial Institutions (Banks & NBFCs), including more than 15 large FIs. With Head Quarters in Mumbai and Singapore, and 10 offices across 4 states, Knight FinTech has been able to create a mark in the Indian Banking Industry and is backed by marquee domestic and international investors.

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