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Volt Bank acquires Australian Mortgage Marketplace

Volt Bank acquires Australian Mortgage Marketplace
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Volt bank finds new digital mortgage partner as it prepares to launch

By Kate Weber on May 10, 2021 6:26AM Following the end of its partnership with IRESS. Digital bank Volt is preparing to launch its full digital mortgage offering in the second half of this year under a new partnership with neo lender Australian Mortgage Marketplace. Volt was originally set to use IRESS’ MSO software to capture and assess mortgage applications, however the partnership ended when IRESS’s Australian mortgage software business discontinued operations in May last year. CEO and co-founder Steve Weston told iTnews Volt has instead decided to design and build its own mortgage process under a new partnership with Australian Mortgage Marketplace (AMM).

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