Proof of Usefulness Report

Yendo

Analysis completed on 2/4/2026

+756
Proof of Usefulness Score
Unicorn Utility

Yendo is a highly viable, Series B funded fintech company with significant traction ($300M+ in total financing) and a verifiable product addressing a clear market gap (credit for underserved vehicle owners). Despite the submission's poor quality (containing false claims like 'most people have used my product' and lazy fields), external verification confirms the project is a high-growth scale-up with national availability in the US, ~60 employees, and substantial revenue potential. The score reflects the strong fundamentals of the business, penalized slightly by the low-quality submission data.

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+16.0
Technical Innovation+11.25
Evidence Of Traction+23.0
Market Timing Relevance+8.5
Functional Completeness+1.0
Subtotal+82.25
Usefulness Multiplierx0.92
Final Score+756

Project Details

Project URL
Description
Yendo is a financial technology company founded in 2021 that offers a vehicle-secured credit card. Their mission is to provide accessible and affordable credit to individuals underserved by traditional financial institutions, using a car's equity as collateral rather than solely relying on credit scores. The company aims to disrupt the lending industry by offering a more equitable alternative to high-interest, non-bank financial products.

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