MUNICH — Rubean AG, a fintech company specializing in software-based point-of-sale solutions, announced at its annual shareholders’ meeting on Wednesday that it expects continued strong revenue growth, with consolidated revenue reaching between €5.0 million and €6.0 million in 2026, up from €3.71 million in the previous year. The company’s first-half revenue rose by over 50 percent to €2.4 million, underscoring the accelerating adoption of its SoftPOS technology.
Co-CEO Jochen Pielage highlighted that recurring revenue — fees from the use of Rubean’s software — is growing rapidly and is expected to account for half of 2026 annual revenue, more than double the share in the prior year. “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.
Rubean’s core offering replaces traditional card readers with a software app that can be deployed on smartphones, enabling merchants to accept cashless and mobile payments without additional hardware. The company is already a market leader in Germany and Spain and has expanded into Switzerland, France, the United Kingdom, and the Americas. It now partners with 19 major banks, including German Sparkassen, BBVA in Spain, and Commerzbank, as well as international payment service providers.
The company’s growth trajectory reflects the broader shift toward software-based payment solutions, which reduce logistical costs and scale easily. For business leaders, Rubean’s success signals that the payments industry is moving away from hardware-dependent models, potentially lowering barriers for small and medium enterprises to accept card payments. The increasing share of recurring revenue also provides Rubean with more predictable cash flows, a key factor in its path to profitability.
Pielage noted that the groundwork for expanding sales operations has been laid, particularly with the addition of Executive Board member Stephan Kuck. Rubean’s website provides further details on its solutions, including PhonePOS, the only softPOS solution that supports the girocard (EC card) in Germany.
The company’s projections come amid a competitive landscape where traditional payment terminal providers face pressure to innovate. Rubean’s success in securing partnerships with major financial institutions suggests that banks and payment service providers are increasingly comfortable with software-only solutions, which could accelerate the decline of dedicated payment hardware. For industry observers, Rubean’s performance offers a case study in how fintech companies can achieve profitability by focusing on recurring revenue models.
Rubean is listed on m:access and over-the-counter trading venues, including XETRA, under the symbol R1B:GR. The original press release is available on NewMediaWire.
