The companies can provide the UK market with a better, more seamless, end-to-end mortgage experience by combining Vilja's current platform for deposits and mortgage servicing with Mast's cutting-edge mortgage origination platform.

Building Societies will benefit from this strategic alliance by increased productivity, streamlined processes, and promoted innovation throughout all of their channels. The solutions developed by Mast and Vilja have an API-first architecture and are designed for automation and self-service.

Building Societies are empowered to tailor system performance to their specific requirements and preferences thanks to our collaborative cloud-native approach. According to Joy Joseph Abisaab, CEO of Mast, "this ensures an end-to-end banking platform that seamlessly meets modern customer demands."

"We are excited to work with Mast since our solutions are a natural fit and we have similar thought processes. Fredrik Ulvenholm, CEO of Vilja, states, "We believe now is the appropriate time to join the UK market and we are here to stay as the leading new-school vendor in the Nordics.