Constantinople Raises $50 Million in Series A

by Kay Aloha Villamor in April 2nd, 2024

Constantinople, a Sydney, Australia-based fintech startup that provides SaaS operational platform for banks, has raised $50 million in Series A.  


The round was led by Prosus Ventures, alongside participation from existing investors Square Peg Capital and Airtree Ventures.  

Founded in 2015, Prosus Ventures is the corporate venture capital arm of Prosus that invests in technology startups. Based in Hoofddorp, Netherlands, the firm seeks to invest in technology companies operating in the e-commerce, mobility, logistics, fintech, blockchain, agriculture technology, sustainability, SaaS, and B2B sectors across India, Southeast Asia, Europe, and the Americas.  

Constantinople Use of Funds

The company plans to expand its reach beyond Australia, eyeing markets with a high concentration of small regional banks, particularly in the United States. Constantinople is partnering with other clients in Australia and has recently expanded its team into New Zealand.  

About Constantinople  

Founded in 2022 by Dianne Challenor and Macgregor Duncan, Constantinople is a company that provides banking software and an operational platform. Constantinople's platform offers a comprehensive suite of operational tools for banking institutions, covering retail and business banking, transaction banking, payments, lending, and customer experience enhancements through mobile and web applications. The platform also handles operational activities such as customer onboarding, financial crime monitoring, fraud detection, compliance, and controls, utilizing software and AI technologies.   

Funding Details  

Company: Constantinople Operating Company Pty Ltd  

Raised: $50.0M  

Round: Series A  

Funding Month: March 2024  

Lead Investors: Prosus Ventures  

Additional Investors: Square Peg Capital and Airtree Ventures  

Company Website:  

Software Category: Banking Software  


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