Momofin

Momofin is a legitimate, verified Indonesian startup providing document lifecycle management and cryptographic verification, backed by investors like Iterative. However, the project submission itself was of extremely low quality, containing nonsensical data (e.g., technology listed as 'construction', traction claimed as 'most people'). External search confirmed significant B2B traction (200+ enterprise clients, ~10,000 users) and Seed funding, which saved the score from being zero. The disparity between the promising business reality and the poor submission resulted in a score reflecting a 'promising but early-stage' venture heavily penalized for data reliability.