Constantinople raises A$62.5M Series B, nears unicorn status
What's the deal? Australian fintech Constantinople has raised A$62.5 million in a Series B round co-led by Airtree VenturesDealroom has a profile for this one. Try Dealroom → and Square Peg Capital. Both firms are existing backers, having funded the startup's A$32 million seed round in 2022 and its A$50 million Series A in April 2024.
What does it do? Founded in 2022 by former WestpacDealroom has a profile for this one. Try Dealroom → executives Dianne Challenor and Macgregor Duncan, Constantinople provides small and medium-sized banks with a "bank in a box" — a suite of operational tools that lets clients focus on customer relationships.
Traction: The company works with eight client banks, with two more expected to sign by year-end, according to the Australian Financial Review. That includes Move BankDealroom has a profile for this one. Try Dealroom →, which shifted its entire operation onto the platform in what Constantinople called a "genuine world first bank migration."
Why it matters: The round ranks in the 92nd percentile among all-time Australian enterprise software Series B deals, based on a sample of 53 rounds. The Australian Financial Review reports the startup is edging closer to unicorn status.
The bigger picture: Constantinople was one of seven Australian and New Zealand startups that raised a combined $111.5 million in August 2026, spanning banking, scientific research, defence, water transport, and customer service.
The signal: A top-decile Series B from repeat backers signals confidence in ANZ enterprise software — and in a local sector showing depth across a range of industries.
Read more: SmartCompany
Image credit: Generated with Gemini
