Paymentology, the global leader in
next-generation card issuing and payment processing, has announced a landmark
partnership with Constantinople, one of Australia’s most ambitious fintech
innovators. The collaboration marks Paymentology’s official entry into the
Australian market, underlining its commitment to advancing digital payments
innovation across the Asia-Pacific region.
The announcement was made during the
Singapore FinTech Festival, held from 12 to 14 November, where industry leaders
from around the world gathered to explore the future of financial services.
Constantinople will leverage Paymentology’s advanced global payments platform
to deliver a seamless end-to-end payment experience, including card issuing,
processing, and digital wallet integration, across its growing network of
financial institution clients.
Founded in Sydney, Constantinople is
redefining Banking-as-a-Service (BaaS) in Australia by providing a modern
software and operations platform that brings together both front-end digital
banking infrastructure and back-office processes such as onboarding,
compliance, fraud monitoring, and risk management. By positioning itself as
“the AWS or Shopify for banks,” the company enables financial institutions,
particularly fintechs, regional and tier two and three banks, to focus on
customer experience while outsourcing the complex aspects of banking
operations. Its technology allows these institutions to operate at a fraction
of traditional costs, freeing them to innovate more quickly and effectively.
Through this partnership, Paymentology
will power Constantinople’s card issuance and transaction processing across
both Mastercard and Visa schemes, ensuring a secure, flexible, and scalable
payment experience for banks and their customers. The collaboration also
incorporates Constantinople’s core banking integration through 10x, as well as
Apple Pay and Google Pay tokenisation, supported by dedicated BINs (Bank
Identification Numbers) that underpin the company’s customisable card
programmes.
Constantinople currently supports several
leading Australian community banks and innovative Fintechs. Clients include
Great Southern Bank, the nation's largest customer-owned bank with over 400,000
members, as well as Tyro, a leading payments provider focused on driving
innovation for small businesses.
With Paymentology’s multi-cloud,
multi-tenant architecture, Constantinople will benefit from marketing leading
digital services, a powerful decision engine, enhanced scalability, global
resilience, and real-time data, enabling faster card issuance, richer insights,
and a more intelligent platform for sustainable growth. More than a technology
provider, Paymentology acts as a strategic partner that is deeply invested in
co-creation, foresight, and shared success, bringing a human, collaborative
approach to every engagement. Its dedicated teams understand the nuances of
Banking-as-a-Service models and what it takes to succeed in a highly
competitive, regulated environment.
The partnership also signifies
Paymentology’s formal expansion into the Australian market, where card adoption
is projected to grow at double-digit rates over the next five years, driven by
digital-first consumers and the increasing popularity of mobile and contactless
payments. It represents a pivotal milestone in Constantinople’s broader
ambition to scale internationally, with Paymentology serving as a global
payments partner capable of supporting that journey at scale.
Di Challenor, Co-Founder of
Constantinople, said: "Constantinople's mission is to give smaller
banks and innovative fintechs access to the same leading-edge technology as big
global banks. We do this by partnering with leaders in their field; partnering
with Paymentology will allow us to launch new card programmes at pace, with the
flexibility to tailor every element to our clients' unique needs.
Paymentology's global reach ensures we can scale effortlessly beyond
Australia."
Jeff Parker, Chief Executive Officer of
Paymentology, added: “Our partnership with Constantinople marks an exciting
new chapter as we expand into Australia’s vibrant fintech and banking
ecosystem. Beyond a technology partner, Paymentology is about thinking ahead,
co-creating the future, and ensuring the growth and success of our clients.
Working with Constantinople is particularly rewarding; their highly experienced
leadership team brings a clear vision for modern, automated banking that
perfectly aligns with our mission to empower next-generation financial institutions
with the world’s most advanced payment platform.”
