• NAB to acquire 15% stake in Urbanise, with option for additional 4.99% stake
• Delivery of Data and Payments Integration Services to integrate NAB's solutions with Urbanise Strata platform
• New integrated solution expected to launch in early CY2026

Urbanise.com Ltd has announced a strategic partnership with National Australia Bank (NAB) to deliver Data and Payments Integration Services that will integrate NAB's banking and payment solutions with Urbanise's leading Strata management software platform. Under the agreement, NAB has acquired a 15% stake in Urbanise via a placement, and may also acquire a further 4.99% stake within 12 months. The initial term of the partnership is four years, with an option to extend for a further two years. Urbanise will be paid upfront and on a recurring basis for building, implementing and maintaining the integrated solution, as well as receiving ongoing variable platform fees. The new integrated solution is expected to be launched in early 2026, providing strata customers with a best-in-class banking and payment management experience within the Urbanise Strata platform. This partnership aims to address the challenges faced by the strata industry, such as falling profit margins, reliance on outdated payment and banking systems, and the need for increased automation and scaling capabilities. The strategic alliance is expected to deliver significant benefits to both Urbanise and NAB customers.

Urbanise expects to be operating cash flow negative in FY26 due to the timing of the initial NAB payments, but overall cash flow positive. Urbanise targets becoming cash flow positive during FY27 as the partnership goes to market and gains traction.

Urbanise is on track to achieve its objective of being cash flow positive in FY25 following 3 consecutive cash flow positive quarters and expected positive cash flow in Q4. The company has a strong balance sheet and positive cash flow to support future growth, with FY25 closing cash expected to be in excess of $15m.