MMast provides a cloud-native origination system for mortgage lenders and brokers that streamlines the mortgage application process. Brokers enter data through an intuitive portal; the system instantly shows if the application fits lender criteria, what documents are needed, and it automates manual tasks. Hosted in the cloud with usage-based pricing, clients always have the latest version and don’t pay for upgrades or maintenance. By offering real-time feedback and workflow automation, Mast aims to increase conversion from Decision in Principle to completion and expand lending capacity without adding staff.
Work here?Claim your company
Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$2.7M
Headquarters
London, United Kingdom
Founded
2020
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$2.7M
Below
Industry Average
Funded Over
3 Rounds
London-based fintech Sikoia, which helps financial services providers automate key processes, is partnering with Mast. Largely focussing on mortgages, Mast is a cutting-edge loan origination platform, currently serving UK building societies and lenders. Through this collaboration, Mast will integrate Sikoia’s AI-powered application document processing solution into its platform, significantly streamlining case handling and improving the overall user experience.Sikoia automates tasks such as income, employer, and affordability checks directly from customer-submitted documents, including payslips, bank statements, and tax returns. What once took hours of manual review can now be completed in just minutes. The Sikoia platform also automatically verifies document authenticity, detects signs of tampering, and checks whether each document meets the specific lender policy requirements for the application.“Speed and accuracy are essential in today’s mortgage landscape to meaningfully enhance the customer experience,” said Alexis Rog, founder and CEO at Sikoia. “Our partnership with Mast helps deliver that, cutting processing times, reducing errors, and enabling a smoother journey for borrowers and brokers alike.”By embedding this technology into its origination platform, Mast clients can:Reduce document handling costs and time by over 75%Automate identification of gaps and verification of key data pointsCut document analysis errors to below 1%, improving accuracyJoy Abisaab, co-founder and CEO at Mast, commented:“We’re committed to helping lenders process applications faster and more intelligently
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.
Cumberland Building Society partners with Mast.
London, UK - July 10th, 2023 - Melton Building Society has partnered with Mast to power the Society’s loan origination infrastructure, as it continues on its digitisation journey.
Melton Building Society also selected Mast, a flexible, cloud-native mortgage origination system designed to help lenders process applications faster, for its loan origination service and Fairmort, a provider of software solutions for financial services, to manage its data migration and regulatory reporting.
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$2.7M
Headquarters
London, United Kingdom
Founded
2020
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs