MUNICH, GERMANY - The Executive Board of Rubean AG, a rapidly growing FinTech company, expects revenue to continue its significant growth trajectory. At the annual shareholders’ meeting, Co-CEO Jochen Pielage announced that consolidated revenue for the current year is projected to rise to between €5.0 million and €6.0 million, compared to €3.71 million in the previous year. In the first half of the year, revenue grew by approximately 50% to €2.4 million.
Pielage emphasized the strong growth of recurring revenue from fees for the use of Rubean’s SoftPOS software. “Half of the 2026 annual revenue will already come from the particularly profitable recurring revenue. That is significantly more than in the previous year,” he stated. This shift toward recurring income is pivotal for the company’s profitability. Pielage also projected that “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.”
Rubean’s technology replaces traditional card readers with a software app, allowing merchants to accept cashless payments without additional hardware. The company is already a market leader in Germany and Spain, and has successfully entered markets in Switzerland, France, the United Kingdom, and the Americas. “We now work with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, as well as internationally active payment service providers in Europe and in North and South America,” Pielage noted. He also highlighted the addition of Stephan Kuck to the Executive Board to expand sales operations.
For more information, visit www.rubean.com. View the original release on www.newmediawire.com.
