ASX:UBN

2 stories mentioning ASX:UBNUpdated 48d ago

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Urbanise.com to Connect Urbanise Strata with National Australia Bank Payment, Banking Infrastructure

Urbanise.com (ASX:UBN) plans to conduct a staged release of upgrades to the Urbanise Strata Management Solution, launch an Urbanise Owners Portal with payments and levies capabilities, as well as a new Urbanise Integration Service connecting Urbanise Strata with National Australia Bank (ASX:NAB) payment and banking infrastructure, according to a Thursday Australian bourse filing.The Urbanise Strata modules now offer the ability to connect levy and supplier payments, automated reconciliations, banking services, and a Body Corporate Manager-branded owner self-service portal within the existing strata management workflow.The Urbanise platform supports integration to a comprehensive range of payment methods, including BPay, Australia Post, PayID, and PayTo, alongside one-off, scheduled, and recurring payment options.

ASX:NABASX:UBN

Asia57d ago

Urbanise.com Appoints Darc Rasmussen as Executive Chairman, Signs Two New Strata Contracts

Urbanise.com (ASX:UBN) has appointed Darc Rasmussen as executive chairman to "temporarily" expand its executive capability and assist in scaling the organization, according to a Tuesday Australian bourse filing.Rasmussen has agreed to a restructured fee arrangement comprising a reduced base component and a success-based element payable in cash and/or equity, subject to shareholder approval, the filing added.The company said it is executing a search for a chief product officer, in addition to the recent appointment of Adam Vidal as chief commercial officer.Two contracts have been executed this month, converting customers from a major legacy provider to Urbanise's cloud-based platform, with a combined total contract value of about AU$700,000 over three years and further upside if the customers later adopt banking and payments integration, the filing added.The company said it expects continued net operating cash outflows for the remainder of the year as part of the build of the new banking and payments integration, with overall operating cash flow expected to be negative in fiscal year 2026 and a return to positive operating cash flow targeted in fiscal year 2027.

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