Earlier this year we noted how artificial intelligence is taking over financial technology in Canada.
Just the other day we reported on Investipal, an AI-powered fintech platform intent on turning everyday retail investors into bigwig fund managers—for themselves.
This week we got wind of Bless Financial Technologies, Toronto’s latest startup looking to marry AI and fintech for the benefit of the Canadian consumer.
The goal of Bless, its three founders say, is to “create a financial ecosystem in Northern America that will change how people handle their finances.”
Bless aims to provide an AI-powered banking app to simplify financial management. It is designed to be a versatile financial advisor for anyone in need.
For example, users can ask Bless AI anything related to finances, and it will provide personalized solutions tailored to individual needs.
The AI platform can also analyze spending habits, create budgeting plans, and provide valuable insights to help users make more informed financial decisions.
In addition, there is to be a social component of Bless, which makes it simple for users to work together on finances. People can share transactions, send money, and split costs.
“Bless is truly a unique offering in the world of financial technology,” the company’s chief executive officer believes. “Considering the advancements in this generation, we recognize the potential to take Bless to new heights.”
Bless plans to release the full app in early fall with an early version dropping alongside Collision 2023 in Toronto in June.
“This is just the beginning,” the CEO added. “Our primary focus is to serve the people and improve their financial experiences in ways they’ve never seen before.”