Proof of Usefulness Report

PowerUp Money

Analysis completed on 2/4/2026

+279
Proof of Usefulness Score
Gaining Momentum

PowerUp Money is a legitimate, high-potential wealthtech startup spun out of Uni Cards in 2024. Despite the low-quality submission (vague claims, confused financial data), external verification confirms significant traction: ~$12M Series A funding (Accel, Peak XV), ~500k users, and verifiable market presence. The 'marketcap' figure provided likely refers to their recent funding round. The project scores highly on utility and traction, but the submission quality heavily penalizes the response metric.

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+85.0
Audience Reach Impact+56.0
Technical Innovation+39.0
Evidence Of Traction+90.0
Market Timing Relevance+36.0
Functional Completeness+1.0
Subtotal+307
Usefulness Multiplierx0.91
Final Score+279

Project Details

Project URL

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