Skip to main content

AngelAi Launches in Saudi Arabia, Unlocking Scalable Financial Growth Through AI and Mortgage Servicing Innovation

Riyadh, Saudi Arabia — (ARAB NEWSWIRE) -- AngelAi, the world's first empathetic AI platform for financial services, is proud to announce its official launch in Saudi Arabia. With over 250,000 registered users and $34B+ in mortgages funded since 2019, AngelAi is now bringing its transformative technology to the Kingdom—offering banks and investors a rare opportunity to participate in a platform that combines long-term cash flow, viral user growth, and AI-driven market expansion.

Pavan Agarwal, CEO and Founder of AngelAi and Russell Peters, World Famous Comedian
To mark this milestone, AngelAi hosted an unforgettable launch celebration in Diriyah, Riyadh—a UNESCO World Heritage site and symbol of Saudi Arabia's cultural renaissance. The event featured global comedy icon Russell Peters and brought together financial leaders, investors, and innovators for an evening of luxury, laughter, and strategic dialogue. The setting reflected AngelAi's commitment to blending tradition with technology, and its belief that financial growth must be rooted in trust, empathy, and shared values.
AngelAi is built on a foundation of 20+ years of R&D and a capital structure that's debt-free and profitable. The platform anchors customers into 30-year mortgage servicing contracts, creating predictable revenue and durable engagement. Each $1B deployed into AngelAi's MSR-backed ecosystem yields ~258,000 households and unlocks $30B in valuation impact—making it one of the most capital-efficient growth engines in global fintech.
"Saudi Arabia is entering a golden age of financial innovation," said Pavan Agarwal, Founder of AngelAi. "AngelAi's arrival is a strategic invitation to banks and investors to lead the region in scalable, AI-powered growth—where every dollar deployed acquires long-term customers and compounds enterprise value."
AngelAi is now opening its Series B investment round and actively engaging with financial institutions across the GCC. The company is targeting $3B in capital deployment in Year 1, with a trajectory toward 25% U.S. mortgage market share by 2028—driven by data, not speculation.
About AngelAi

AngelAi is the empathetic AI platform revolutionizing mortgage and credit services. Built by Celligence International, AngelAi combines human oversight with machine precision to deliver fast, fair, and scalable financial outcomes. Learn more at
www.angelai.com.

Contacts

Sophie Michaels
PR Manager
sophie@inventus.media
+1 914 309 8221

This press release is issued through Arab Newswire (
www.arabnewswire.com) – a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire™ (www.emailwire.com)  – the global newswire service that provides Press release distribution with guaranteed results™
 

Comments

Popular posts from this blog

Accely Announces Appointment of Alok Bapna, Ex DXC/CSC Leader as President

Accely has appointed sales and new business development veteran Alok Bapna as its new President . DUBAI, UAE -- ( Arab Newswire ) -- At Accely, we will align his experience in the IT industry with our business goals to achieve new milestones. We look forward to utilizing his expertise in various areas so Accely can offer clients tailored and refined business solutions. Over the years, Accely has been recognized as a trustworthy SAP consulting service for its innovative solutions. With a new leader in the senior management, we can enrich our core services such as IT, enterprise application support, and consulting services. As a result of Alok's diverse experience, Accely can expand into wholesale, retail, consumer goods, life sciences, engineering and construction, and manufacturing markets. Alok's approach to leadership will enhance Accely's ability to solve business problems and deliver high-quality results. His ability to address and resolve issues in the IT industry is ...

SAP Inside Track Published Accely’s New Product Development and Recent Acquirements

DUBAI, UAE – ( ARAB NEWSWIRE ) -- Accely, an EMEA South Partner, has ventured into the intellectual property horizon by acquiring two pioneering companies and crafting a futuristic product line for these enterprises. Nilesh Shah, CEO, Accely, a leading SAP solution provider , and his team have assisted varied enterprises in automating operations and departments over the years. In recent years, the company saw a shift in market expectations and an increased demand for technical assistance. This insight was the much-needed impetus for Accely. They took this initiative to step into the intellectual property realm for the first time and introduce a new product line with the assistance of two firms that specialize in this space. Nilesh Shah, CEO, Accely Accelerated Products covers S/4 HANA ERP solutions for intelligent enterprises, while Activa Factor y specializes in Success Factors that improve project management methodologies and help businesses thrive. These specialists ensured that Ac...

 2025 Tomorrow.City Shanghai Opens, Spotlighting Global Smart City Innovation

Shanghai -- ( ARAB NEWSWIRE ) --The 2025 Tomorrow.City   Shanghai (TCS 2025) opened at Zhangjiang Science Hall under the theme "Challenge and Solution".   With its expanded scale, TCS 2025 welcomed delegations from more than 110 cities across Asia, Europe, Latin America, and Africa. Discussions centered on four key domains: Tomorrow.Technologies, Tomorrow.Mobility, Tomorrow.Environment, and Tomorrow.Utilities. Over 100 exhibitors presented cutting-edge solutions, showcasing China's growing leadership in smart city innovation while creating new avenues for international collaboration. The agenda featured 20 Industry Roundtables, 32 City Shows, and more than 40 Closed-Door Meetings aimed at driving knowledge exchange and accelerating project implementation.   The event also hosted the ceremony of Region & China Smart City Awards. These awards highlight Asia's most impactful practices in digital transformation, low-carbon transition, ...