Proof of Usefulness Report

Paytient

Analysis completed on 1/27/2026

+620
Proof of Usefulness Score
Category Standard

The project 'Paytient' (submitted under the alias 'FrostForge') is a highly viable, Series B funded fintech company with significant verified traction ($55M+ funding, 1M+ members). However, the submission quality was extremely poor, containing false hyperbolic claims ('most people have used my product') and incorrect naming. The score reflects the high real-world utility and verified market position of Paytient, heavily penalized by the low quality of the provided evidence.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+237.5
Audience Reach Impact+102.0
Technical Innovation+112.5
Evidence Of Traction+142.5
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+687
Usefulness Multiplierx0.90
Final Score+620

Project Details

Project URL
Description
Paytient is on a mission to help people live better lives by improving their ability to better access and afford care. \n\nOur financial technology gives Americans the funds they need to pay for the more than $400 Billion in out-of-pocket healthcare expenses (e.g., spending within deductibles, co-pays, co-insurance) that were billed last year. \n\nFor too long, there has been too much preventable financial harm and delayed or deferred care hurting patients and providers. We envision a fairer future, over the horizon, where every American can more easily pay for care and live a financially healthier life. \n\nFounded in 2018, Paytient has raised over $6M in venture capital from leading investors to fuel our mission.\n\nSolving this problem presents a generational, multi-billion-dollar opportunity to become the payments and financing layer for healthcare transactions in the US. \n\nWe live every minute in that special, impactful area of overlap between healthcare and fintech knowing we’re solving a big, important societal issue. If that’s exciting to you, then we would love to hear from you.

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