Rubean AG, a Munich-based FinTech company specializing in software point-of-sale (SoftPOS) solutions, is projecting robust revenue growth and a path to profitability, according to statements made by Co-CEO Jochen Pielage at the annual shareholders’ meeting on Wednesday in Munich.
Management expects consolidated revenue for 2026 to range between €5.0 million and €6.0 million, a significant increase from €3.71 million in the previous year. In the first half of 2026, revenue grew by over 50% to €2.4 million, underscoring the company's rapid expansion. Pielage highlighted that recurring revenue—fees from the use of Rubean’s SoftPOS software—is a key driver. “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 said.
Rubean's technology transforms traditional card readers into software applications, allowing merchants to accept card payments directly on their smartphones without additional hardware. This approach reduces logistical overhead and has made Rubean a market leader in Germany and Spain. The company now works with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, as well as international payment service providers. Expansion into other European markets such as Switzerland, France, and the United Kingdom is underway, along with entry into North and South America.
Looking ahead, Pielage expressed confidence in reaching profitability. “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,” he stated. The company’s focus on recurring revenue—expected to more than double as a share of total revenue in 2026—is central to this optimistic outlook.
The implications for the payments industry are substantial. Rubean’s software-only approach enables small and large retailers, restaurants, delivery services, and other businesses to accept cashless payments without the need for physical card readers. This could lower barriers to digital payment adoption, particularly for small merchants. With the support of major banking partners, Rubean is well-positioned to expand its footprint globally, potentially disrupting traditional payment hardware markets.
For investors, the projected revenue growth and path to profitability signal a maturing business model. The company’s ability to secure partnerships with prominent financial institutions adds credibility to its expansion strategy. As the shift toward digital payments accelerates, Rubean’s SoftPOS solutions could become increasingly integral to the payment ecosystem.
More information about Rubean AG is available at www.rubean.com. The original press release can be found at www.newmediawire.com.
