Proof of Usefulness Report

Ryd

Analysis completed on 2/16/2026

+622
Proof of Usefulness Score
Category Standard

Ryd is a verified, significant European mobility-fintech scale-up with verifiable partnerships (Mercedes-Benz, BP, Mastercard) and operations in 9 countries. While the underlying business demonstrates high utility, strong market timing, and established traction (350 employees), the submission itself was low-quality with exaggerated reach claims ('everyone') and lazy evidence ('most people used my product'). The score reflects the strong reality of the business heavily penalized by the poor response quality.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+112.0
Technical Innovation+105.0
Evidence Of Traction+140.0
Market Timing Relevance+80.0
Functional Completeness+5.0
Subtotal+654.5
Usefulness Multiplierx0.95
Final Score+622

Project Details

Project URL
ryd.one
Description
ryd is a company operating across Europe in the field of mobile payment. With ryd pay, we operate the largest open B2C network for mobile payment in Europe. Working with our partners Mastercard, BP, Mercedes-Benz and Axa, we are committed to changing the mobility and payment of the future. The ryd ecosystem currently includes refueling, car wash and EV charging — accessible via the app or the infotainment system. There's no longer any need to visit the service station store. Payments are fast, convenient, and secure. In addition to the ryd app, ryd is available through partner integrations with third-party providers, including navigation system and smartphone app providers, as well as car manufacturers. Founded in Munich in 2014, ryd has been growing steadily and has already launched in Germany, Austria, Switzerland, Belgium, the Netherlands, Luxembourg, Denmark, Portugal, and Spain, with further rollouts planned across other European countries.

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