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Urbanise and NAB Forge Strategic Alliance to Revolutionize Strata Banking
2:17am on Monday 2nd of June, 2025 AEST
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Technology
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Urbanise and NAB Forge Strategic Alliance to Revolutionize Strata Banking
2:17am on Monday 2nd of June, 2025 AEST
Key Points
NAB acquires 15% equity stake in Urbanise with option for additional 4.99%
Four-year partnership to deliver integrated data and payments services for strata industry
Urbanise to receive upfront, recurring, and variable fees tied to platform adoption
New banking solution tailored for strata expected to launch early 2026
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