Rubean AG, a Munich-based FinTech company specializing in software-only point-of-sale (SoftPOS) solutions, is on a trajectory of increasing profitability. At the annual shareholders' meeting on Wednesday, Co-CEO Jochen Pielage announced that the company expects consolidated revenue to reach between €5.0 million and €6.0 million in 2026, up from €3.71 million in the previous year. In the first half of 2026, revenue grew by approximately 50% to €2.4 million, underscoring the company's rapid expansion.
The key driver of this growth is the shift toward recurring revenue from the use of Rubean's SoftPOS software. Pielage emphasized that recurring revenue is expected to account for half of the 2026 annual revenue, a significant increase from the previous year. 'This recurring revenue is particularly profitable,' he noted, highlighting the strategic importance of this model. The company's SoftPOS technology replaces traditional card readers with a software app, enabling merchants to accept cashless payments directly on their smartphones without additional hardware. This solution has made Rubean a market leader in Germany and Spain, and it is gaining traction in other European countries, such as Switzerland, France, and the United Kingdom, as well as in North and South America.
Rubean now collaborates with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, along with internationally active payment service providers. 'The groundwork has been laid for expanding a very successful sales operation, especially with the help of my new colleague on the Executive Board, Stephan Kuck,' Pielage said. The positive trend is expected to continue into 2027, with the company projecting monthly breakeven and a full-year positive net income for the first time. 'Thanks to the continued significant growth in recurring revenue, we will reach monthly breakeven in 2027 and close the entire year with a positive net income for the first time,' Pielage stated.
Rubean's SoftPOS solution, PhonePOS, is the only one that supports the girocard (EC card) in Germany and is used by payment service providers, major banks, retailers, and large retail chains across Europe. The company is listed on m:access and over-the-counter trading venues, including XETRA. For more information, visit www.rubean.com. The full press release is available at www.newmediawire.com.
