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AAP
AAP
Derek Rose

New all-in-one banking app for micro-businesses

Great Southern Bank recorded a 43 per cent increase in home loans issued to first-time buyers. (Joel Carrett/AAP PHOTOS)

Great Southern Bank has launched an all-in-one mobile app that it says will offer Australia's first end-to-end digital banking platform for Australia's 2.4 million businesses with fewer than 10 employees.

The Business+ app was built by Sydney-based banking software company Constantinople, a startup founded by two ex-Westpac executives that raised $32 million last year to offer a "bank-in-a-box" platform to traditional financial institutions.

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