10x Banking and Constantinople have joined forces to help financial institutions across the Asia-Pacific region accelerate their transition to next-generation digital banking.
The partnership aims to provide banks, mutuals, and other financial organisations with access to a cutting-edge core banking stack.
The collaboration unites 10x Banking’s cloud-native core platform with Constantinople’s operational and compliance infrastructure. Together, they intend to offer a seamless, end-to-end digital transformation for financial institutions without the need for heavy internal tech development. According to both firms, the solution can reduce banks’ cost-to-income ratios by up to 80%, removing the need to build duplicative systems and enabling a faster innovation cycle.
Based in Sydney, Constantinople has emerged as a prominent player in Australia’s FinTech scene, recently closing a A$50m Series A funding round. The round followed a record-breaking seed raise, drawing support from major investors including Square Peg Capital, Airtree, and Prosus. Constantinople is already delivering services across the APAC region, with clients such as Great Southern Bank, Australia’s largest customer-owned bank.
Constantinople co-founder and CEO Dianne Challenor said, “This partnership showcases our unique ability to bring tier-1 bank capabilities for financial institutions with an entirely software driven infrastructure to run operations and compliance.
“We can leverage best of breed architecture and tech stack to power retail banks, SME banks and provide embedded banking needs. With the technology we’ve built, we can now integrate AI into every aspect of banking. We’re excited to be working with 10x Banking – which has helped us accelerate our engineering and delivery.”
The alliance addresses a common pain point in the banking industry: the challenge of modernising legacy systems. Research by 10x Banking revealed that while more than two-thirds of bank executives see missed opportunities due to sluggish digital transformation, only a small minority—just 8%—are prioritising core system upgrades. The partnership is designed to help banks overcome this gap with scalable, agile, and future-ready infrastructure.
10x Banking CEO Antony Jenkins said, “When 10x was founded, our mission was simple: to make banking ten times better for our customers, their members and society. Achieving this requires building the strongest possible ecosystem of partners. In today’s AI-first world, banks, mutuals, and financial institutions must rethink how they deliver value to their customers and members.
By combining 10x’s world-first meta core with Constantinople’s comprehensive end-to-end banking platform and fully integrated operational stack, we take away the burden of managing the complexities of banking infrastructure and operations. Together, we’re empowering institutions to focus on innovation, embrace AI and enhance customer experience.”
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