Refrens

Refrens is a verifiable, legitimate FinTech platform based in India serving freelancers and small businesses (founded 2018). External search confirms significant traction with over 150,000 reported business users, ~$1.2M in funding, and ~$270k annual revenue (FY24). However, the submission quality was extremely poor, featuring hyperbolic claims ('most people have used my product') and confusing financial data ('58200000 marketcap' without currency, likely INR valuation). The score reflects a 'Small but Promising' project (Range 100-250) with solid real-world utility and reach, penalized heavily for the low-effort and inaccurate submission details.