PreAxia Health Care Payment Systems Inc. (OTC: PAXH) announced the soft launch of Zane, a personal finance management mobile platform developed by its wholly owned subsidiary, Zane Inc. The platform will debut in Phase 1 starting June 2026 via an invite-only iOS release to early adopters. A general availability release for Android is tentatively planned for Q3 2026.
Zane is designed as an AI-assisted, chat-based experience to simplify everyday money management. Key features include instant account opening, physical, digital, and virtual prepaid Visa payment cards, online and in-store payments, fund transfers, access to over 36,000 ATMs across Canada, and a single aggregated view of external accounts via Yodlee. The platform also offers intelligent transaction categorization, spending insights, and conversational AI assistance for financial queries.
“One of the significant challenges facing consumers today is financial literacy and security,” said Pavel Bondarev, CEO 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.”
Zane is launching in Canada with plans to expand into the United States in 2027. The platform’s ecosystem includes partnerships 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 and as a Money Services Business with FINTRAC. Interested users can sign up for updates at zanemoney.com.
The market opportunity for Zane targets consumers seeking better ways to save, invest, and manage finances. By integrating user experience, embedded finance, conversational AI, and intelligent tools, the platform aims to establish a sustainable ecosystem with revenue streams from interchange, premium enhancements, and future licensing.
PreAxia is a development-stage technology company headquartered in Calgary, Alberta, serving as the parent entity of Zane Inc. Its primary objective is to leverage proprietary AI and embedded finance solutions to disrupt traditional banking models. The company’s common shares trade on the OTC Markets Group under the symbol “PAXH.” Investors are cautioned that the company faces risks including the need for additional capital, regulatory approvals, and market adoption.
