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 is scheduled to begin in June 2026 via an invite-only iOS release to early adopters. Users can sign up for updates at zanemoney.com.
Phase 1 introduces core financial services through a proprietary AI-assisted, chat-based experience. Features include instant in-app account opening, physical and digital prepaid Visa payment cards, online and in-store payments, fund transfers, access to over 36,000 ATMs across Canada, aggregated view of external accounts via Yodlee, intelligent transaction categorization, spending insights, and conversational AI assistance. A general Android release is tentatively planned for Q3 2026.
Pavel Bondarev, CEO of Zane Inc., stated, "One of the significant challenges facing consumers today is financial literacy and security. 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." The soft launch is a foundational step, with future features to 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 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 but do not constitute guarantees of solvency or fund protection.
Zane targets users seeking better ways to save, invest, and manage finances. By integrating user experience, embedded finance, conversational AI, and intelligent tools, the platform prioritizes financial well-being with revenue streams from interchange, premium enhancements, and future licensing. PreAxia, the parent company, is a development-stage technology firm focused on AI-native personal finance platforms for North America.
