Urbanise.com Ltd has partnered with NAB in a landmark deal where NAB acquires a 15% stake to integrate its banking services into Urbanise’s cloud-based strata management platform, aiming to launch a new solution in early 2026.
Tyro Payments has stepped back from its proposed acquisition of Smartpay after the latter entered an exclusivity agreement with another bidder offering NZ$1.20 per share. This move halts Tyro's due diligence and merger plans, reshaping the competitive landscape in the payments sector.