Paymentology, the global card issuing and payment processing platform, entered into a landmark partnership with Australian Banking-as-a-Service (BaaS) provider Constantinople. The collaboration marks Paymentology’s official entry into the Australian market and is aimed at advancing digital payments innovation across the Asia-Pacific region.
The announcement was made during the Singapore FinTech Festival. 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, for its growing network of financial institution clients.
Powering the ‘AWS for banks’
Founded in Sydney, Constantinople is redefining BaaS in Australia by providing a modern software and operations platform that bundles front-end digital banking infrastructure with back-office processes like onboarding, compliance, fraud monitoring, and risk management.
By positioning itself as “the AWS or Shopify for banks,” the company enables fintechs, regional banks, and other financial institutions to outsource complex banking operations and focus on their customer experience.
Through this partnership, Paymentology will power Constantinople’s card issuance and transaction processing across both Mastercard and Visa schemes. The collaboration also incorporates Constantinople’s core banking integration through 10x, as well as tokenisation for Apple Pay and Google Pay, supported by dedicated Bank Identification Numbers (BINs) for customisable card programmes.
Constantinople currently supports several leading Australian financial institutions, including Great Southern Bank, the nation’s largest customer-owned bank with over 400,000 members, and Tyro, a payments provider focused on innovation for small businesses.
A strategic partnership for global scale
The partnership provides Constantinople with access to Paymentology’s multi-cloud, multi-tenant architecture, which delivers enhanced scalability, global resilience, and real-time data. This will enable Constantinople and its clients to issue cards faster, gain richer insights, and build a more intelligent platform for growth.
The move also signifies Paymentology’s formal expansion into the Australian market, a region where card adoption is projected to grow at double-digit rates over the next five years, driven by digital-first consumers and the rise of mobile and contactless payments. For Constantinople, the partnership provides a global payments partner capable of supporting its own international expansion ambitions.
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.”
