Proof of Usefulness Report

MoneyLion

Analysis completed on 1/26/2026

+789
Proof of Usefulness Score
Unicorn Utility

MoneyLion is a publicly traded fintech company (NYSE: ML) with massive verifiable traction, reporting over $546M in 2024 revenue and 20.4 million customers. Recently agreed to be acquired by Gen Digital. Despite the low-quality, hyperbolic submission (claiming 'everyone' uses it), the project's real-world scale, utility for the underbanked, and market presence place it in the top tier of usefulness. The score reflects its status as a major financial platform, penalized slightly only for the lack of detail in the submission form.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+190
Technical Innovation+112.5
Evidence Of Traction+250
Market Timing Relevance+85
Functional Completeness+5
Subtotal+867.5
Usefulness Multiplierx0.91
Final Score+789

Project Details

Project URL
moneylion.com
Description
MoneyLion, accessible via moneylion.com, is a leading American financial technology company that offers a comprehensive suite of financial products and services designed to empower consumers to take control of their financial lives. Founded in 2013, MoneyLion provides a mobile banking platform that combines traditional banking services with innovative financial tools, including personalized financial advice, credit-building loans, and investment opportunities. The company aims to democratize finance by providing accessible and affordable financial solutions to help users manage their money more effectively, improve their credit scores, and achieve their financial goals. With a focus on technology and customer-centric solutions, MoneyLion continues to expand its offerings to meet the evolving needs of its users.

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