Riyadh – Sharikat Mubasher: U.S.-based fintech platform AngelAi announced its expansion into Saudi Arabia and the wider Middle East, positioning the Kingdom as its primary launchpad for long-term partnerships and AI-driven financial services.

AngelAi, known as the world’s first empathetic AI platform for finance, is collaborating with Saudi banks, sovereign investors, and technology leaders to introduce AI-powered mortgage and loan solutions, as per a recent press release.

With more than 250,000 registered users and over $34 billion in mortgages funded since 2019, the company aims to combine scalable growth with ethical, cloud-based services.

Pavan Agarwal, the company’s founder, described Saudi Arabia as entering “a golden age of financial innovation,” adding that AngelAi’s arrival signals “multi-decade collaborations” to build trust-based, AI-enabled financial ecosystems across the GCC.

To celebrate its entry, AngelAi will host a launch event in Diriyah, Riyadh, featuring global comedian Russell Peters alongside regional financial leaders and investors. The company says the gathering reflects its vision of blending cultural heritage with cutting-edge technology to shape the future of ethical finance in the region.