Rubean AG Projects Strong Revenue Growth and Path to Profitability by 2027

The Executive Board of Rubean AG, a Munich-based FinTech company, announced at its 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, according to Co-CEO Jochen Pielage. The company's recurring revenue, derived from fees for its SoftPOS software, is growing strongly and is projected to account for half of annual revenue in 2026, up from a smaller share in 2025.

Rubean replaces traditional card readers with a software app that allows retailers to accept cashless payments directly on smartphones, eliminating the need for additional hardware. The company is already a market leader in Germany and Spain and has expanded into other European markets, including Switzerland, France, and the United Kingdom, with support from major banks and payment service providers. Pielage noted that Rubean now partners with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, as well as international payment service providers in Europe, North America, and South America.

The positive trend is expected to continue into 2027. "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. The company's expansion into new markets and the onboarding of new partners are laying the groundwork for a successful sales operation, especially with the addition of Stephan Kuck to the Executive Board.

Rubean's SoftPOS solution, PhonePOS, is the only one in Germany that supports girocard (EC card) payments. The company is listed on m:access and other trading venues. For more information, visit www.rubean.com.

This announcement underscores Rubean's transition from a growth-focused company to one approaching profitability, driven by scalable software-based payment solutions. The increasing share of recurring revenue suggests a sustainable business model, while partnerships with major banks and international expansion indicate strong market adoption. The projected positive net income in 2027 could signal a turning point for the company and the broader softPOS industry.