Rubean AG, a rapidly growing FinTech company based in Munich, Germany, announced at its annual shareholders' meeting that it expects consolidated revenue to rise significantly in 2026, reaching between €5.0 million and €6.0 million, up from €3.71 million in the previous year. Co-CEO Jochen Pielage reported that first-half revenue grew by approximately 50% to €2.4 million, underscoring the company's strong momentum.
Pielage highlighted that recurring revenue—fees generated from the use of Rubean's SoftPOS software—is driving this growth. "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 revenue is expected to enhance profitability, with the company aiming for monthly breakeven in 2027 and a positive net income for the full year.
Rubean's technology replaces traditional card readers with a software app, allowing merchants to accept cashless payments on smartphones without additional hardware. The company has established market leadership in Germany and Spain and expanded into other European countries, 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 German Sparkassen, BBVA in Spain, and Commerzbank, as well as international payment service providers across Europe and the Americas. "The groundwork has been laid for expanding a very successful sales operation," he added.
For more information, visit www.rubean.com.
