Urbanise.com (ASX:UBN) said it has partnered with National Australia Bank (ASX:NAB) to develop and deliver integrated data and payments integration services for the Australian strata customers, according to a Monday filing with the Australian bourse.

Under the deal, the NAB acquired a 15% equity stake in the company, via a placement, through an issue of 11.8 million shares at AU$0.747 per share, the filing said.

NAB also retains an option to increase its holding by a further 4.99% within 12 months of the platform's launch, subject to performance, the filing added.

Services are expected to go live in early 2026, the company will receive upfront and recurring payments from NAB, with year-one revenue estimated at AU$4.6 million, the company said.

The company expects to remain cash flow positive in the fourth quarter of the fiscal year and the full fiscal year, but anticipates negative operating cash flow in fiscal year 2026.

Shares of the company rose 10% in recent Monday trade.