Rubean AG, a Munich-based FinTech company, is on a trajectory of increasing profitability, with management projecting consolidated revenue of 5.0 million to 6.0 million euros for 2026, up from 3.71 million euros in the previous year. Co-CEO Jochen Pielage announced the outlook at the annual shareholders’ meeting on Wednesday in Munich, highlighting that revenue in the first half of the year grew by over 50 percent to 2.4 million euros. The growth is largely driven by the company's SoftPOS software, which enables card payments on smartphones without additional hardware.
Pielage emphasized that recurring revenue from software usage fees is becoming a significant profit driver. “Half of the 2026 annual revenue will already come from the particularly profitable recurring revenue,” he said, noting that this share is expected to more than double compared to the prior year. This shift towards recurring income is a key factor in Rubean’s path to profitability. The company expects to reach monthly breakeven in 2027 and close the entire year with a positive net income for the first time.
Rubean’s software-only point-of-sale (SoftPOS) solution replaces traditional card readers, allowing retailers, restaurants, delivery services, and other businesses to accept cashless and mobile payments. The company has established itself as a market leader in Germany and Spain and is expanding into other European markets, including Switzerland, France, and the United Kingdom, with support from 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 stated. He credited the groundwork for expanding sales operations to his new Executive Board colleague, Stephan Kuck. Rubean’s PhonePOS solution is the only SoftPOS that supports the girocard (EC card) in Germany, giving it a unique competitive advantage.
The company’s growth strategy focuses on leveraging its recurring revenue model to achieve sustainable profitability. With a strong pipeline of bank partnerships and geographic expansion, Rubean is poised to capitalize on the increasing demand for contactless payment solutions. For more information, visit www.rubean.com. View the original release on www.newmediawire.com.
