Proof of Usefulness Report

ViaBill

Analysis completed on 2/1/2026

+535
Proof of Usefulness Score
Industry Mainstay

ViaBill is a verified, successful fintech company with significant traction, particularly in Denmark and Spain. Founded in 2014 (or 2010), it has raised over $120M in funding and reported consolidated net profits of €5.4M on €22.2M revenue (2022/2023). While the submission itself was low-quality (containing hyperbolic claims like 'everyone' and missing revenue data), external verification confirms it is a Series B+ stage company with a substantial user base (270k+ customers) and merchant network. The score reflects high real-world utility and traction, penalized slightly for the lack of specific evidence provided in the submission.

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Score Breakdown

Real World Utility+90.00
Audience Reach Impact+60.00
Technical Innovation+65.00
Evidence Of Traction+72.00
Market Timing Relevance+70.00
Functional Completeness+10.00
Subtotal+69.25
Usefulness Multiplierx0.77
Final Score+535

Project Details

Project URL
viabill.com
Description
ViaBill is a financial technology company that specializes in providing flexible payment solutions for consumers and merchants. Operating through its platform, ViaBill offers a "buy now, pay later" service that allows customers to make purchases and pay for them over time in interest-free installments. This service aims to enhance the shopping experience by providing more financial flexibility and accessibility. For merchants, ViaBill helps increase sales and customer satisfaction by offering an alternative payment method that can attract more customers. The company is committed to simplifying the payment process and making it more convenient for both consumers and businesses.

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