The FinTech Report The FinTech Report Podcast: Episode 49: Interview with Mac Duncan, Co-Founder, Constantinople
The FinTech Report Podcast: Episode 49: Interview with Mac Duncan, Co-Founder, Constantinople
Mac Duncan, Co-Founder of Constantinople.
https://www.linkedin.com/in/macgregor-duncan-bb0381179/
Prior to his current role, Mac was Chief Development Officer at Westpac, a non executive director at 10X Technologies, and Associate Director at Goldman Sachs; he started his career as a lawyer working at the High Court.
Constantinople is the first of its kind: an all-in-one software and operational platform for banks. Constantinople hosts and manages your bank's customers directly on their cloud native infrastructure. they support a full range of banking products which are branded as the company name, together with all operational services needed to run a bank.
Constantinople's state-of-the-art platform frees banks from running expensive infrastructure and replaces manual operational and compliance processes with automation at scale. By removing the operational complexity of banking, Constantinople allows banks to focus on customers and the business of banking.
In this episode we discuss:
1. Mac’s background; influences in banking & fintech
2. The vision for Constantinople? What is the story behind Constantinople? Why did you and Di want to start it?
3. Do you call yourself a fintech? Bank tech? do definitions matter?
4. Money raised to date, various rounds, which VCs / angels etc
5. Will you be global? Can all fintechs plan to be global from Australia?
6. Foundation client? Is focus on SMEs and lending? What is the brief you have to deliver on?
7. Your point of difference. Point solutions vs end-to-end solutions; whats the story here? What is a core banking platform? What do you do that is over and above the core banking?
8. It’s a very competitive field. Who are the competitors?
9. How do you serve banks who want to be flexible? Flexible on products, pricing, reg, distribution – what other factors?