PreAxia Health Care Payment Systems Inc. (OTC: PAXH) announced the soft launch of Zane, an innovative personal finance management mobile platform developed under its wholly owned subsidiary Zane Inc. Phase 1 of the platform is scheduled to commence in June 2026 via an invite-only iOS release to a limited group of early adopters. Users can sign up for updates at zanemoney.com.
Phase 1 introduces Zane's core financial services through a proprietary AI-assisted, chat-based experience designed to simplify everyday money management. Features include instant account opening directly in-app; physical, digital, and virtual prepaid Visa payment cards; online and in-store payments where Visa is accepted; fund transfers and money movement between users and to external accounts; access to a network of more than 36,000 ATMs across Canada; a single aggregated view of all external bank accounts, cards, and balances via Yodlee; intelligent proprietary transaction categorization and spending insights; and conversational AI assistance for everyday financial questions and tasks. A general availability release for Android is also tentatively planned for Q3 2026, alongside continued iOS expansion.
“One of the significant challenges facing consumers today is financial literacy and security,” said Pavel Bondarev, Chief Executive Officer of Zane Inc. “We are building Zane to help them build and grow quickly their emergency funds and take better control of their financial lives through a simplified, intelligent experience that increases financial awareness and education. Our soft launch is a foundational step, and future features will be developed based on user feedback and regulatory requirements.”
Zane is launching in Canada with plans to expand into the United States beginning in 2027. The platform's ecosystem includes partnerships and integrations with Digital Commerce Bank (via Pateno Payments Inc.), Visa, and Yodlee. Zane is registered with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act (RPAA) and as a Money Services Business with FINTRAC.
The market opportunity for Zane is significant as it targets consumers seeking better ways to save, invest, and manage their finances. By integrating outstanding user experience, embedded finance, conversational AI, and intelligent decisioning tools, the mobile platform establishes a sustainable ecosystem that prioritizes the user's financial well-being, supported by diverse revenue streams such as interchange, premium enhancements, and future licensing.
PreAxia Health Care Payment Systems Inc. (OTC: PAXH) is a development-stage technology company headquartered in Calgary, Alberta. The Company serves as the parent entity of Zane Inc., a fintech subsidiary focused on building next-generation, AI-native personal finance platforms for the North American market. PreAxia's primary strategic objective is to leverage proprietary artificial intelligence and embedded finance solutions to disrupt traditional banking models by delivering consumer-centric financial tools. As a development-stage enterprise, PreAxia is actively advancing its commercialization roadmap, including the soft launch of its flagship product, Zane. Investors should be aware that the Company is subject to significant risks, including the need for additional capital, regulatory approvals, and market adoption, which could impact its ability to achieve profitability.