Urbanise is set to launch a unified strata payments platform integrated with NAB banking, promising streamlined workflows and a branded owners portal from July 2026.
- Staged rollout of strata payments and NAB banking integration
- Launch of BCM-branded Owners Portal with digital payment options
- Automated reconciliation and bulk supplier payments to boost efficiency
- Targeting a $30m–$54m annual revenue market in strata software
- Early adoption underway with contracted customers
Unified Strata Payments and Banking Integration Launching
Urbanise.com Limited (ASX:UBN) is preparing to revolutionise strata management with a staged rollout starting July 2026 of a fully integrated payments and banking platform. The new Urbanise Integration Service will connect its Strata Management Solution directly with National Australia Bank’s payment infrastructure, eliminating the need for disconnected third-party payment tools and enabling seamless levy and supplier payments within a single ecosystem.
This integration is designed to enhance operational efficiency through automated reconciliation and bulk supplier payments, allowing strata managers to handle growing transaction volumes without increasing administrative overhead. The platform’s unified approach also promises to improve the owner experience by keeping all payment and levy information within the Body Corporate Manager’s (BCM) branded environment.
BCM-Branded Owners Portal Offers Modern Payment Experience
At the heart of this upgrade is the launch of the Urbanise Owners Portal, a mobile-enabled, BCM-branded digital portal that consolidates levy information, transaction history, and payment functionality. Owners will no longer be redirected to generic third-party sites but instead can view outstanding obligations and make payments using modern digital methods such as PayID and PayTo.
The portal’s design addresses a long-standing gap where owners pay levies without full visibility of their obligations. By integrating visibility and payment execution, Urbanise aims to reduce payment-related enquiries and strengthen trust between owners and strata managers. Alex McCormick, Managing Director of Victorian strata manager SOCM, highlighted the portal’s potential to reduce unnecessary calls by providing owners with clear, contextual payment information.
Operational Efficiency and Market Opportunity
Urbanise estimates that $10–15 billion in strata funds are deposited annually in Australia, with over $20 billion flowing through supplier and levy payments. Despite this scale, the strata market has historically lacked purpose-built financial infrastructure. Urbanise’s integrated platform seeks to fill this gap, offering a scalable solution that supports automated reconciliation and bulk payments to streamline workflows.
Richard Reid, Director of Victorian strata management company Stratabase, praised the platform’s automation capabilities, noting that linking levy management directly to the owner payment experience represents a “step change” in servicing portfolios at scale. The company estimates the strata management integration software market to be worth between $30 million and $54 million in annual revenue.
Strategic Alignment with AI and Broader Platform Enhancements
This latest release complements Urbanise’s broader product strategy, including the recent launch of its embedded AI Assistant for strata managers, expected to be available in June 2026. Together, these innovations aim to embed automation and self-service capabilities deep within strata workflows, helping managers reduce routine administration and deliver faster operational insights.
CEO Simon Lee emphasised the platform’s role in helping strata managers meet rising service expectations and tighter margins without increasing administrative burdens. The integration with NAB banking infrastructure is a key enabler of this vision, providing a seamless, end-to-end strata payments and banking platform.
Urbanise’s pilot phase already has contracted customers committed to early adoption, with further market updates expected as live deployments progress and commercial outcomes become clearer.
Bottom Line?
Urbanise’s integrated strata payments and NAB banking platform could reshape industry workflows, but its success hinges on customer adoption and operational delivery in the pilot phase.
Questions in the middle?
- How quickly will strata managers and owners adopt the new integrated payments platform?
- What impact will this integration have on Urbanise’s revenue and market share in strata software?
- Can Urbanise sustain operational efficiency gains as transaction volumes scale?