MUNICH, GERMANY - The Executive Board of Rubean AG, a rapidly growing FinTech company, has announced strong financial projections for 2026 and 2027, highlighting the increasing profitability of its software-only point-of-sale solutions. Co-CEO Jochen Pielage stated at the annual shareholders’ meeting that consolidated revenue is expected to rise to between 5.0 million and 6.0 million euros in 2026, up from 3.71 million euros in the previous year. In the first half of the current year, revenue grew by approximately 50 percent to 2.4 million euros.
The key driver of this growth is the company's recurring revenue from its SoftPOS software, which allows merchants to accept card payments directly on smartphones without additional hardware. Pielage emphasized that "half of the 2026 annual revenue will already come from the particularly profitable recurring revenue," a significant increase from the previous year. This shift toward recurring revenue is crucial for the company's long-term profitability. Rubean expects to reach monthly breakeven in 2027 and close the entire year with a positive net income for the first time.
Rubean's technology replaces traditional card readers with a software app, enabling small and large retailers, restaurants, delivery services, and other businesses to accept cashless payments. The company is already a market leader in Germany and Spain. Its expansion into other European countries, including Switzerland, France, and the United Kingdom, has been supported by major banks and payment service providers. Additionally, Rubean has entered markets in North and South America.
"We now work with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, as well as internationally active payment service providers," Pielage noted. He also highlighted the appointment of Stephan Kuck to the Executive Board to bolster sales operations. "The groundwork has been laid for expanding a very successful sales operation," he added.
This announcement underscores the growing importance of software-based payment solutions in the financial technology sector. As cashless payments become increasingly prevalent, Rubean's ability to offer a scalable, hardware-free solution positions it to capture significant market share. The company's focus on recurring revenue not only enhances its financial stability but also provides investors with a clearer path to profitability. With a strong partnership network across Europe and the Americas, Rubean is poised to play a pivotal role in the digital transformation of payment systems.
For more information about Rubean AG and its solutions, visit www.rubean.com. The original press release is available at www.newmediawire.com.
