Before “fintech” was a thing, our founders were dreaming up new ways to transform banking, simplifying the customer journey and the employee experience.


More than 25+ years later Sandstone Technology is still leading the charge, innovating and evolving as the industry evolves. Our high client retention rate is our proudest achievement with 30+ financial institutions across Australia, New Zealand, Asia and the United Kingdom placing their trust in our solutions.

From digital banking and digital onboarding to origination and AI-based data analysis, with cloud-based or on-premise deployment, we create flexible, robust, end-to-end solutions using a multi-channel approach that gets our clients to market faster.


A brief history of innovation.

Our founders’ passion for developing great banking products has made Sandstone Technology one of the pre-eminent providers of origination and digital banking software solutions.

sandstone founders

1996 - 1999

Sandstone Technology founded in a garage by Violet Yu and Bob Hall, two technology enthusiasts who loved solving business problems with technology.

First to market with internet banking enabled across multiple devices.

Launch of first internet banking solution with scramble pad security.

First to market with two-factor authentication integrated into internet banking.

Deployment of an integrated IVR solution.

2000 - 2009

First implementation of our loan origination solution for personal loans.

First implementation of our loan origination solution for home loans.

First organisation to certify BPAY View for Internet Banking.

First implementation of our loan origination solution for home loans in the UK.

First to implement internet banking transaction signing functionality.

Developed one of the first device-agnostic mobile banking solutions (using HTML 5) in Australia.

First deployment of our online account opening solution.

Our mobile banking solution wins Amber Award for Best Mobile Commerce Solution.

Sandstone’s loan origination solution deployed into an Australian Tier 1 Bank.


sandstone volletball


Sandstone wins Amber Award for Best Mobile Banking Solution.

Global launch of Sandstone’s mobile banking app at Finovate in Europe.


First Australian Tier 1 bank implements an integrated PFM solution. 

Launch of our digital lending solution for credit cards and personal loans.


Deployed a P2P mobile payments solution enabled for Paym (the UK’s mobile payments service) to Cumberland Building Society, a foundation Paym participant.


The Warehouse Financial Services in New Zealand goes live with an online banking solution specific to their cards business.


First customer in Asia (Vietin Bank) goes live with Sandstone’s online banking (responsive) solution.

First deployment of Sandstone’s end-to-end consumer digital home loan acquisition solution.


sandstone tech crew


Launched AI-driven document verification tool (DiVA)


Open banking solution launched in the UK (Cumberland Building Society)

Launched first fully automated online mortgage top-up product into the market (Loan+)


Self-serve home loan digital management tool Manage my Mortgage is launched

Michael Phillipou appointed as the new CEO


Sandstone Technology celebrates 25 years of banking innovation and helping customers.

Sandstone appoints Ross Watts as Chief Customer Officer

Shawbrook Bank introduced Strong Customer Authentication (SCA) for retail and business e-savings customers powered by Sandstone

Launched Tranche Management which allows financial institutions to easily, and quickly, manage the flow of retail and business deposits



countries with clients using Sandstone solutions.


years providing reliable, proven in-market solutions.


clients across three continents.


employees bringing technical, CX and business expertise.

company 1

We deliver.

We understand your business; and the need to achieve growth and increase efficiency while remaining compliant and providing the best possible customer experience. Working with you as a strategic partner, we help you achieve your digital transformation goals and business objectives.


We provide measurable value.

Our customers derive real and tangible benefits from our internet banking, mobile banking and origination solutions.
Below are some recent improvements a selection of our clients hove seen:

Security Management

At Sandstone, our customer’s information security is paramount and our certification of compliance for the ISO/IEC 27001:2013  affords our customers a sense of comfort.


ISO/IEC 27001:2013 is one of the most internationally accepted and widely recognised information security standards developed to provide organisations with a framework for establishing processes for implementing, operating, monitoring, reviewing and improving an Information Security Management System (ISMS).To achieve certification, Sandstone’s compliance was validated by independent certification body BSI (British Standards Institution).


22 min

Personal loan applications were funded in as little as 22 minutes.



63,000 new customer accounts were added in less than 24 months.


2 min

Application touch time reduced from 14 minutes to just a few.



The time taken to process a home loan application decreased by 27%.




Home loan approvals increased by 31% following the deploymentof an origination solution.



An increase of 25% in application submissions following a UI / UX refresh with aggressive campaigning.

Speak to us today and learn how we can work together to
remove the friction for your customers’ journey.