NAB Takes 15% Stake in Urbanise to Launch Strata Payment Integration by 2026

A Strategic Partnership with Industry Impact

Urbanise.com Ltd has announced a significant strategic partnership with National Australia Bank (NAB), marking a pivotal moment for the strata management software sector. NAB has acquired a 15% equity stake in Urbanise through a placement valued at approximately $8.8 million, with an option to increase its holding by a further 4.99% within the next 12 months. This alliance centers on integrating NAB’s payment solutions and business banking products directly into Urbanise’s cloud-based strata platform, aiming to streamline financial operations for strata customers.

The initial agreement spans four years, with an option to extend for an additional two years, underscoring a long-term commitment to jointly develop and deliver innovative banking and payment integration services tailored specifically for the strata industry.

Transforming Strata Banking and Payments

The partnership will enable Urbanise and NAB customers to access a seamless banking experience embedded within the Urbanise Strata platform. Key features include automated daily bank reconciliations, supplier payments, owner contributions, and enhanced financial reporting capabilities. This integration promises to make strata payments faster, simpler, and more cost-effective, addressing longstanding inefficiencies in the sector.

Urbanise’s cloud-based platform, already a leader in strata management software, will leverage NAB’s banking expertise to offer a best-in-class payment management experience. The new solution is expected to launch in early 2026, positioning both companies to capitalize on the growing strata market, which is projected to expand significantly due to housing shortages and increasing strata-managed dwellings.

Financial and Operational Outlook

Urbanise will receive a combination of upfront payments, fixed annual fees, and variable platform fees tied to customer adoption of the integrated solution. The initial placement raised $8.8 million, with additional milestone payments and ongoing revenue streams expected to bolster Urbanise’s financial position. The company is on track to achieve cash flow positivity in FY25, supported by three consecutive cash flow positive quarters and a strong closing cash balance forecasted to exceed $15 million.

While FY26 may see operating cash flow turn negative due to implementation costs, Urbanise anticipates returning to positive cash flow by FY27 as the partnership’s go-to-market strategy gains traction. The collaboration also strengthens Urbanise’s balance sheet and provides a platform for future growth opportunities both within Australia and potentially in international markets where Urbanise already has banking integrations.

Positioning for the Future of Strata Technology

This partnership addresses critical challenges in the strata industry, including outdated payment systems, lack of automation, and rising operational costs. By combining Urbanise’s proven technology and NAB’s banking capabilities, the integrated solution aims to set a new standard for strata financial management. The modular, API-driven architecture ensures flexibility and scalability, enabling rapid onboarding of additional banking partners and continuous product enhancements.

As the strata sector demands better technology to meet customer expectations and operational efficiencies, this alliance could reshape how strata payments and banking services are delivered, potentially influencing competitors and the broader property management ecosystem.