Proof of Usefulness Report

Lighthouse FX

Analysis completed on 2/8/2026

+34
Proof of Usefulness Score
You're In Business

Lighthouse FX is a verifiable, FCA-regulated currency brokerage based in London, which provides it with a baseline level of real-world utility. However, the project submission is of extremely poor quality, containing objectively false claims (e.g., 'most people have used my product', audience reach 'everyone') and nonsensical metrics (e.g., 'marketcap: 500000'). While the business exists, the digital footprint is minimal (few reviews since 2018), and the submission fails to demonstrate the claimed scale or traction.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+2.0
Technical Innovation+1.5
Evidence Of Traction+3.75
Market Timing Relevance+4.0
Functional Completeness+0.25
Subtotal+30.25
Usefulness Multiplierx1.12
Final Score+34

Project Details

Description
Lighthouse FX is a well renowned currency brokerage with offices in the City of London's financial district. The firm is authorised and regulated by the Financial Conduct Authority for the provision of payment services and Her Majesty’s Revenue & Customs as a licenced Money Services Business. The company facilitates cost effective and efficient foreign exchange and cross border payments for small to medium sized enterprises (SMEs), large multinationals and private individuals with sizeable transactional requirements. International businesses are at risk from drastic shifts in profitability due to fluctuations in currency values that can exceed several percent per month. By implementing effective hedging strategies with the guidance of our specialist FX Dealers, Financial Directors and Chief Financial Officers can focus on maximising revenue growth, whilst mitigating the risk of unknown variables by controlling exposure to volatile markets. Private individuals can also benefit from the help of a professional to ensure that they are getting a good return for their money by securing a favourable exchange rate when making large cross currency transactions, whether that be for overseas property investments or other high value assets. Lighthouse FX's fintech network enables our clients to exchange in the region of 140 currencies with competitive pricing and remit funds to over 150 countries throughout the world efficiently and safely.

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