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Australian banking platform Constantinople partners with 10x to accelerate global push

Constantinople has established a strategic partnership with 10x as it looks to quadruple its client base over the next year providing a virtual banking package.

Neobank Constantinople underpins bank technology for Great Southern Bank and aims to quadruple clients this year. AAP Image/Joel Carrett.

Banking platform Constantinople, which underpins Great Southern Bank, has partnered with global digital ledger group 10x to fuel its international expansion ambitions.

While Constantinople already uses 10x as the general ledger — the central record keeper for transactions — the new partnership will enable the neobank to target a broader range of prospective clients.

“It means we will jointly go to market, it opens up more opportunities,” Constantinople founder Mac Duncan told Capital Brief.

10x already operates globally and provides ledgers for banks including Westpac — where it will be instrumental in Project UNITE, the bank’s major tech transformation — as well as Chase UK and Old Mutual.