FinTech Magazine - February 2022 | Page 169

SANDSTONE TECHNOLOGY
Phillipou says : “ When we complete an implementation project , the best possible compliments we can receive materialise when our customers win awards and are recognised by the industry and their peers .”
He continues , “ one of our customers was recognised by Forbes as Australia ’ s number one bank , as well as being voted the number one bank in Australia by mortgage customers . Across the Tasman , one of our New Zealand customers was recently awarded as having the most satisfied customers , based on customer experience , according to Canstar , and one of our UK customers was recognised as Bank of the Year in the 2021 Dealmaker Awards .”
While discussing the inspiration for Phillipou ’ s career in fintech , he explained how other successful businesses and leaders led him to his current line of work .
How did you become interested in financial technology ? “ My interest in financial technology was piqued in 2013 to 2014 , reading about the likes of TransferWise — now Wise — disrupting payments and the international payments vertical in particular . Moreover , I followed companies such as Credit Karma , Revolut , N26 , Monzo and Starling in the B2C space .”
Delivering a partner ecosystem through a single platform Sandstone identified its customers ’ demands for access to a variety of functions , managed by a single provider for an effortless user experience . To achieve this , the company works with third parties as it builds its partner ecosystem to offer a comprehensive suite . Over the years , the company has identified some of the key organisations that drive its vision for both digital banking and origination .
“ We partner with a range of fintech companies , across eIDV , property valuation

63,000 +

New customer accounts in less than two years .

27 % less time spent on loan applications

DID YOU KNOW ...

What inspires you the most ? “ I am inspired by the ability to grow businesses through delighting customers . Accordingly , Financial technology impresses me because , through the use of automation , it can be used by banks to provide frictionless customer experiences , which in turn can delight customers and enable banks to enhance their customer satisfaction and advocacy , while also gaining market share .”
Which industry leaders inspire you the most ? “ The way Co-founders , & Co-CEO ’ s , of AfterPay , Nick Molnar and Anthony Eisen have built and scaled the business to be a global force in under 10 years , is nothing short of inspirational and incomprehensible .”
“ From a business to business perspective , Temenos ’ CEO , Max Chuard has been very impressive in guiding Temenos to be a global market leader in cloud & SaaS technology .”