Vilja and Mast enter partnership to transform the mortgage market for Building Societies in the UK

PRESS RELEASE

London, UK - March 27th, 2024 - The Swedish-based cloud core banking platform provider Vilja is accelerating its expansion into the UK market and announcing a partnership with mortgage origination partner Mast.

By integrating Mast’s state-of-the-art mortgage origination platform into Vilja’s existing platform for Deposits and Mortgage Servicing, the companies can offer a superior, seamless and end-to-end mortgage experience to the UK market.

This strategic partnership will help Building Societies streamline operations, improve efficiency, and foster innovation across their channels. Mast and Vilja’s solutions are built for automation, and self-service with an API-first architecture.

“Our joint cloud-native approach empowers Building Societies to customise system performance to their precise needs and preferences. This ensures an end-to-end banking platform that seamlessly meets modern customer demands,” says Joy Joseph Abisaab, CEO at Mast.

“We are thrilled to partner with Mast, as we share the same mindset, and our solutions complement each other perfectly. As the leading new-school vendor in the Nordics, we believe now is the right time to enter the UK market, and we are here to stay,” says Fredrik Ulvenholm, CEO at Vilja.

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For more information, please contact:

Fredrik Ulvenholm, CEO at Vilja, fredrik.ulvenholm@viljasolutions.com

Joy Joseph Abisaab, CEO at Mast, press@usemast.com

About Mast

Mast’s mission is to make lending better and faster for everyone. The company’s cloud-native mortgage origination platform enables lenders to increase capacity, reduce costs and strengthen operational controls.  Available as a self-hosted SasS platform, the Mast Origination Platform (MOP) is fully managed by Mast ensuring performance, operational resilience and continuous deployment. The platform enables lenders to operate more efficiently, react faster to changing market conditions, and focus on offering the best service possible, transforming the buying journey for the borrower.

To keep up to date about Mast in the news and announcements, follow us on: LinkedIn.

About Vilja

Vilja is the leading cloud-native core banking platform vendor in the Nordics. The pre-packaged deposit and lending solutions have a modular design, and you choose whether you need an end-to-end solution or specific products. The platform is highly automated and configurable to enable quick time to market and improved efficiency. More information at viljasolutions.com