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FinTech of the day: Renda

Post date :

Nov 15, 2025

What if your bank talked back intelligently?

Toronto-based Renda is building Canada's first conversational, AI-powered banking platform.

Founded this year by Chris Ikhifa and a seven-member team, Renda unifies checking, savings, credit, and rewards and layers them with an AI assistant called Alfie.

Designed for Gen Z, millennials, and small businesses, the app promises zero-fee accounts, proactive spending alerts, personalized cash-flow guidance, and card-based rewards.

Renda was accepted into NVIDIA Inception and has partnered with a Canadian fintech-focused bank ahead of its beta launch later this quarter.

Revenue will come from interchange, premium AI features, and subscription tools for SMBs. CEO Chris Ikhifa calls it a smarter financial brain built for a world where money management is proactive.

Do you think chat-driven banking will replace traditional apps?

#fintechoftheday #neobank #Alfie

Photo: Fintech.ca

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