Proof of Usefulness Report

WeCodee Innovations Pvt. Ltd.

Analysis completed on 2/17/2026

+429
Proof of Usefulness Score
Certified Problem Solver

WeCodee is a verifiable B2B fintech company based in Bangalore, established in 2018, with approximately 40 employees and ~$1.2M annual revenue (FY2024). The company specializes in Oracle Flexcube implementation for banks in emerging markets (Africa/Middle East). While the project demonstrates strong real-world utility and verified business traction, the submission itself was poor: it claimed 'everyone' as the audience, stated 'most people have used my product' (false for niche B2B), and confused revenue with 'marketcap'. The score reflects the legitimacy of the business ($1M+ revenue, 50+ bank clients) adjusted downward for the low-quality submission and niche service-based model.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+4.0
Technical Innovation+7.5
Evidence Of Traction+10.5
Market Timing Relevance+8.0
Functional Completeness+0.5
Subtotal+50.5
Usefulness Multiplierx0.85
Final Score+429

Project Details

Project URL
wecodee.com
Description
🚀 Empowering Banks in Emerging Markets | Trusted Oracle Flexcube & Digital Banking Partner Wecodee Innovations Pvt. Ltd. is a fast-growing fintech and digital transformation company that started with a bold dream in 2019. From a single-room setup in Bangalore to delivering solutions for 50+ banks across Africa, the Middle East, and Central Asia, our journey reflects resilience, innovation, and deep banking domain expertise. We specialize in large-scale core banking implementations, custom-built regulatory solutions, and Oracle Flexcube + OBDX services. Our in-house products like WeEngage, WeSign, DigiFly, SmartServe, WeTrack, and WeCred are helping banks leap into the digital age with agility. Wecodee isn’t just a technology vendor—we are long-term transformation partners for banks navigating complex ecosystems. Whether it's upgrading legacy infrastructure, launching digital channels, or driving Islamic banking adoption, we walk the entire journey with our clients. 🌍 Global Reach. Local Expertise. Deep Innovation. Let’s shape the future of banking—together. WeCodEe helps the banks to make a strategic shift by embracing digital technologies across all aspects of banking which is now very crucial for the Bank's success. we help the bank to be simpler, smarter, and technologically advanced.

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