Proof of Usefulness Report

PAL

Analysis completed on 2/3/2026

+41
Proof of Usefulness Score
You're In Business

PAL is a verified fintech operating in Francophone West Africa, facilitating cross-border payments and SME banking. External validation confirms the project is live (founded 2020) with approximately 20,000 active users and over $2.3M in processed volume (2023). However, the submission itself was of extremely low quality, containing hyperbolic claims ('most people have used my product') and missing key metrics. The score reflects the project's actual utility and early-stage traction, heavily penalized for the lack of verifiable data in the submission and the resulting reliance on external auditing.

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Score Breakdown

Real World Utility+16.25
Audience Reach Impact+3.20
Technical Innovation+6.75
Evidence Of Traction+3.75
Market Timing Relevance+8.50
Functional Completeness+0.25
Subtotal+38.7
Usefulness Multiplierx1.05
Final Score+41

Project Details

Project URL
http://www.pals.africa
Description
PAL is a proprietary payment processing for francophone West African businesses and emerging economies. African businesses leveraged our digital wallet to facilitate intra Africa cross-border payments to mobile wallets and bank account within emerging economies (FCFA Zone, Ghana and Nigeria) International businesses based in the UK, US, and Europe utilized our distinct API to efficiently collect or transfer funds at a reduced cost into mobile wallets, merchant wallets, and bank accounts across Francophone countries and emerging economies. We help SMEs in Africa becoming agent banking providers, gain access to cash liquidity to grow their Transaction volume and a suite of financial products, including cash-in/cash-out, money transfers, bill payments and more, all through a single Platform. Want to know more? Visit our website and find out what we are doing: https://www.pals.africa

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