Rubean AG, a Munich-based FinTech company specializing in software-only point-of-sale (SoftPOS) solutions, announced at its annual shareholders' meeting on Wednesday that it expects consolidated revenue to rise to between 5.0 million and 6.0 million euros in 2026, up from 3.71 million euros in the previous year. Co-CEO Jochen Pielage reported that first-half revenue grew by approximately 50 percent to 2.4 million euros, driven by strong growth in recurring revenue from the use of Rubean's SoftPOS software.
Pielage emphasized that recurring revenue is becoming an increasingly important contributor to the company's financial performance. “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. The company expects the share of recurring revenue to more than double in 2026, reflecting the scaling of its software-as-a-service model.
Looking ahead, Rubean is targeting positive net income in 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 said. This milestone would mark a turning point for the company as it transitions from investment mode to sustainable profitability.
Rubean's core technology replaces traditional card readers with a software app, enabling merchants to accept card payments directly on smartphones without 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, as well as 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 in Europe and in North and South America,” Pielage noted. He added that the groundwork has been laid for expanding sales operations, particularly with the support of new Executive Board member Stephan Kuck.
For industry leaders, Rubean's growth trajectory underscores the accelerating shift toward software-based payment solutions that reduce hardware costs and logistical complexity. The company's ability to secure partnerships with major banks and payment service providers signals growing trust in SoftPOS technology, which could reshape how retailers and service providers accept payments globally. With the European market increasingly embracing cashless transactions, Rubean's recurring revenue model offers a scalable path to profitability while providing merchants with a flexible, low-cost payment acceptance tool.
As the company approaches breakeven, investors and business leaders will watch closely to see if Rubean can sustain its revenue momentum and convert its market leadership into consistent earnings. The company's focus on recurring revenue and strategic partnerships positions it well in the competitive fintech landscape, but execution will be key to delivering on its 2027 profitability target.
