Urbanise Advances Strata Market with NAB Integration and Owners Portal Pilot

Pilot Launch Targets Strata Market Modernisation

Urbanise.com Limited (ASX:UBN) is gearing up for a significant push into the Australian strata market with a staged pilot release of its enhanced Urbanise Strata platform set for July 2026. The rollout introduces a direct integration with National Australia Bank (NAB), a new Body Corporate Manager (BCM) branded Owners Portal, and substantial upgrades to its strata management capabilities.

This move addresses a long-standing gap in the strata industry, where legacy software and financial infrastructure have failed to keep pace with modern demands. Urbanise claims to be the only cloud-native provider offering a comprehensive end-to-end solution backed by the capital to invest and scale.

NAB Integration and Owners Portal Streamline Payments

The Urbanise NAB Integration Service connects the strata platform directly to NAB’s banking and payment infrastructure, automating reconciliation and eliminating manual file handling. This integration supports real-time levy payment processing, supplier payments, and comprehensive bank statement reconciliation.

Complementing this is the first-of-its-kind BCM-branded, mobile-first Owners Portal, which allows strata owners to view levy balances, payment history, and make payments through modern methods such as PayID, PayTo, BPay, and Australia Post; all within a branded environment. The portal is designed to reduce administrative overhead and improve owner experience by providing clear payment status and autopay options without requiring app downloads or separate systems.

Upgrades Enhance Operational Efficiency

Urbanise’s platform upgrades include automated levy management, enhanced supplier payments, and dual banking support to facilitate seamless transitions between banks. The platform also features branded levy notices and configurable authorisation controls, aiming to improve governance and reduce manual intervention.

These enhancements collectively target a strata market worth $70-100 million in annual recurring revenue, with Urbanise seeking to expand its strata ARR from $7.9 million as of December 2025 to approximately $24 million. This growth is expected to come from expanding existing customers and disrupting legacy systems, with 10% of the target market already signed up for the pilot.

Financial Outlook and Strategic Positioning

Urbanise remains well capitalised with $12.3 million net cash and no debt as of March 2026. The company anticipates negative operating cash flow for the remainder of FY26 due to ongoing investments in banking and payments integration but targets a return to positive cash flow in FY27 as the new offerings gain traction and core business growth continues.

The staged pilot’s progress, including customer deployment and commercial outcomes, will be reported in upcoming quarterly updates. Urbanise is also advancing its platform with an AI Assistant designed to streamline strata management further, underscoring its commitment to innovation in this traditionally underserved sector.