Ulaanbaatar, Mongolia – February 13, 2026 - Ard Financial Group, one of Mongolia’s leading fintech groups, has signed a Memorandum of Understanding with Surfin AI, a global provider of artificial intelligence–driven financial solutions, to establish a strategic partnership. Under this collaboration, the parties will work to embed AI-powered solutions into financial services offered in Mongolia, opening new opportunities to develop smarter, more accessible products and services.
Surfin AI is a Singapore-based company specializing in the development and deployment of AI-driven financial services. The company currently operates across 10 countries on three continents and serves approximately 100 million customers, positioning it as one of the leading players in the global fintech industry.
As part of the partnership, the parties plan to introduce an AI-based credit scoring system aimed at expanding access to credit products. In addition, they will work to integrate artificial intelligence into a broader range of financial products over time. The implementation of these AI solutions will enable Ard App users to access faster, more inclusive, and more optimized products and services at the right time, while also laying the foundation for delivering comprehensive financial services across all regions of Mongolia.
Mr. Ganhuyag Chuluun Hutagt, Chairman of the Board of Directors of Ard Financial Group JSC, commented on the partnership: “At a time when Ard Financial Group is entering a new phase of growth, partnering with Surfin AI will significantly accelerate the development of technology-driven—particularly AI-based—fast and efficient financial services in Mongolia, and meaningfully contribute to improving financial inclusion. In this era of rapid and continuous advancement in artificial intelligence, it is essential for Mongolia to work alongside and collaborate with global leaders, rather than lag behind.”
About Ard Financial Group JSC
Ard Financial Group operates under the mission “Building a Nation of Investors” and delivers a comprehensive range of financial services—including digital banking, lending, payments, investments, and insurance—through the Ard App and its broader fintech ecosystem. The Group continues to pursue technology-led innovation to drive sustainable growth, strengthen market leadership, and unlock new value creation opportunities.
About Surfin AI
Surfin AI is a technology company specializing in AI-powered digital banking solutions, payment systems, peer-to-peer lending platforms, and investment technologies. The company is focused on enabling financial institutions to scale responsibly while delivering efficient, accessible, and socially impactful digital financial services.
For more information:
Ard Financial Group JSC
Head Office: 17th Floor, Central Tower, Sukhbaatar Square,
8th Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia
Tel: +976 7700 3322
Email: info@ardholdings.com
Website: www.ardholdings.com
