PreAxia Health Care Payment Systems Inc. (OTC: PAXH) announced today the soft launch of Zane, a groundbreaking 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. The company plans a general availability release for Android in Q3 2026, alongside continued iOS expansion.
Zane introduces core financial services through a proprietary AI-assisted, chat-based experience designed to simplify everyday money management. Features include instant account opening, physical, digital, and virtual prepaid Visa payment cards, online and in-store payments where Visa is accepted, fund transfers, access to a network of more than 36,000 ATMs across Canada, and a single aggregated view of all external bank accounts, cards, and balances via Yodlee. The platform also offers intelligent proprietary transaction categorization, spending insights, and conversational AI assistance for everyday financial questions and tasks.
“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 and as a Money Services Business with FINTRAC. These registrations confirm compliance with specific regulatory frameworks but do not constitute a guarantee of the company’s financial solvency, nor do they insure user funds against loss. Funds held in prepaid accounts may not be eligible for protection under the Canada Deposit Insurance Corporation (CDIC).
The market opportunity for Zane is significant, targeting 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. 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. The Company’s common shares trade on the OTC Markets Group under the symbol “PAXH.”
For more information, visit zanemoney.com or view the original release on NewMediaWire.
