M

Mast

Cloud-native mortgage origination platform for lenders

Overview

Mast 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.

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About Mast

Simplify's Rating
Why Mast is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

11-50

Company Stage

Early VC

Total Funding

$2.7M

Headquarters

London, United Kingdom

Founded

2020

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Simplify's take

What believers are saying

  • Sikoia partnership automates income, employer, and affordability checks, cutting document handling over 75%.
  • Melton cut time to offer from 19 days to 7 using Mast.
  • Tipton adopted Mast in May 2026, proving fresh demand for broker portals.

What critics are saying

  • The Tipton and Cumberland anchor too much revenue to UK mutual lenders.
  • 10x Banking can absorb origination workflows, crushing Mast's standalone layer by 2027.
  • If lender consolidation slows new implementations, Mast faces a lethal pipeline gap.

What makes Mast unique

  • Headless, API-first mortgage infrastructure lets lenders swap channels without core replacements.
  • Cumberland went live in 12 weeks, scaling brokers from 10 to 60 firms.
  • Mast won Best mortgage technology at MoneyAge Awards in 2026.

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Funding

Total Funding

$2.7M

Below

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Stock Options
  • Paid Vacation
  • Remote Work Options
  • Health Insurance
  • Flexible Work Hours
  • Company Social Events
  • Professional Development Budget
  • Commuter Benefits

Company News

FF News
May 6th, 2025
Mast And Sikoia Partnership: Bringing Ai-Powered Document Processing To Mortgage Lenders

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

Finextra
Mar 28th, 2024
Core banking provider Vilja enters UK through Mast deal

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.

Astor Media
Mar 11th, 2024
Cumberland Building Society partners with Mast

Cumberland Building Society partners with Mast.

Mast Technologies Ltd
Jul 10th, 2023
Melton Building Society upgrades its partnership 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.

PR Newswire
Jul 4th, 2023
Melton Building Society selects Finastra to keep pace with evolving customer demands

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.

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