Proof of Usefulness Report

Swipe (YC S21)

Analysis completed on 1/31/2026

+339
Proof of Usefulness Score
Certified Problem Solver

Swipe (YC S21) is a legitimate, high-growth fintech startup providing invoicing and payments for over 500,000 Indian SMEs. While the submission quality was extremely poor (e.g., claiming 'everyone' as the audience), external verification confirms significant traction, Y Combinator backing, and strong product-market fit in a digitizing economy. The project scores highly on utility and traction fundamentals, balancing out the lack of detail in the submission.

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Score Breakdown

Real World Utility+112.5
Audience Reach Impact+80.0
Technical Innovation+45.0
Evidence Of Traction+90.0
Market Timing Relevance+47.5
Functional Completeness+2.5
Subtotal+377.5
Usefulness Multiplierx0.9
Final Score+340

Project Details

Project URL
Description
Swipe is a simple Invoicing, Payments & GST app loved & used by 5L+ SMEs. It is the fastest-growing fintech SAAS startup in India. Recognized for its ease of use & high-priority support.

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