Proof of Usefulness Report

ShopSe

Analysis completed on 1/29/2026

+580
Proof of Usefulness Score
Industry Mainstay

ShopSe is a legitimate, Series A funded Indian fintech startup (founded 2020) with significant traction ($6.7M+ revenue, ~200 employees), offering instant EMI solutions. However, the specific project submission provided contained factual errors (e.g., '1957' launch date) and unverifiable/exaggerated claims ('most people'), which severely impacted the Response Quality and Evidence of Traction quality factors. The final score reflects the high verifiable utility and scale of the actual business, penalized by the poor quality of the submission data.

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+213
Audience Reach Impact+150
Technical Innovation+98
Evidence Of Traction+100
Market Timing Relevance+80
Functional Completeness+3
Subtotal+644
Usefulness Multiplierx0.90
Final Score+580

Project Details

Project URL
Description
ShopSe is a fintech platform that provides instant EMI and pay-later solutions to consumers at the point of purchase. They partner with retailers and lenders to make financing accessible and transparent, enabling businesses to increase sales. The company was founded in 2020 by former PayU employees.

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