Proof of Usefulness Report

MoneyHOP

Analysis completed on 2/8/2026

+279
Proof of Usefulness Score
Gaining Momentum

MoneyHOP is a legitimate Indian fintech offering cross-border banking and remittance services, addressing a genuine need with its 'One Global Card' solution. However, the project submission suffers from low credibility, citing unsubstantiated and hyperbolic traction claims ('most people have used my product') and ambiguous financial metrics ('all time marketcap: 2500000'). While the underlying business appears functional and regulated (RBI partner), the submission quality significantly degrades the score, placing it below established benchmarks like HackerNoon.

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Score Breakdown

Real World Utility+140.0
Audience Reach Impact+30.0
Technical Innovation+52.5
Evidence Of Traction+12.5
Market Timing Relevance+56.0
Functional Completeness+2.5
Subtotal+293.5
Usefulness Multiplierx0.95
Final Score+279

Project Details

Project URL
moneyhop.co
Description
moneyHOP is India’s first cross-border neo bank. We are a full-stack banking solution that lets users Save, Invest, Borrow, and Spend. It has introduced the concept of ‘One Global Account - One Global Card’ - which allows users to do ‘everything banking’ from anywhere. The ‘one global card’ is a fusion of Debit + Credit + FX cards which can be used across the globe to swipe, tap, or withdraw cash. It is a Numberless Card that is connected to the ‘moneyHOP’ app. Users can disable transactions, block or freeze their accounts with a tap. HOPRemit is a #remittance platform by moneyHOP. Here, after completing a 2-minute onboarding process, the user can send money abroad. The entire process is paperless and economical. We offer the most Competitive Exchange Rates and have near 0% markup. Hop has partnered with a RBI regulated bank and is a RBI regulated entity. With us, your money is not only secure but also easily accessible. We aim to make international money transfers fast, transparent, convenient, and hopefully free someday! So, are you ready to experience the agility of a fintech along with the security of a bank?

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