PreAxia Launches AI-Powered Personal Finance Platform Zane in Canada

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, with a general availability release for Android tentatively planned for Q3 2026.

Zane aims to address significant challenges facing consumers today, particularly financial literacy and security. The platform offers a proprietary AI-assisted, chat-based experience designed to simplify everyday money management. Features include instant account opening, physical and virtual prepaid Visa payment cards, online and in-store payments, fund transfers, access to a network of more than 36,000 ATMs across Canada, aggregated view of external bank accounts via Yodlee, intelligent transaction categorization, and conversational AI assistance.

“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.” 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 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.

The market opportunity for Zane is substantial, targeting consumers seeking better ways to save, invest, and manage their finances. By integrating 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. Revenue streams include interchange, premium enhancements, and future licensing.

PreAxia Health Care Payment Systems Inc. is a development-stage technology company headquartered in Calgary, Alberta, serving as the parent entity of Zane Inc. The company’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. Investors should be aware of significant risks, including the need for additional capital, regulatory approvals, and market adoption.

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