- Inclusion of CCV PhonePOS division into Rubean AG through non-cash capital increase completed
- Extensive cooperation to tap into major markets
November 30, 2021 – Munich: The inclusion of the CCV GmbH’s “CCV PhonePOS” division into the fintech company Rubean AG, based in Munich (ISIN: DE0005120802, WKN: 512080, R1B:GR), has been completed. The Munich Commercial Register has registered the transaction approved at Rubean’s general meeting in August through a non-cash capital increase. This creates an even stronger provider of payment solutions in the tap-to-phone sector. The division, named “CCV PhonePOS,” is dedicated to the development of mobile payment solutions. With the inclusion, CCV and Rubean consolidate the jointly developed solution PhonePOS under Rubean, which will experience significant growth in the future. As a result of the non-cash capital increase, Rubean’s share capital has increased to a total of 2.717 million euros.
CCV and Rubean have also entered into an extensive cooperation agreement, which includes the execution of development, support, and distribution of PhonePOS. CCV will manage the distribution of the PhonePOS software in the D-A-CH region and the Benelux countries, while Rubean will establish and oversee distribution in the rest of Europe, North and South America, as well as Asia, Oceania, and Africa.
PhonePOS allows any merchant with an Android device to download the PhonePOS app from the Google Play Store and immediately accept contactless card payments securely, cost-effectively, and anywhere without the need to purchase or lease expensive hardware. PhonePOS is PCI-CPoC certified and, therefore, globally approved without limitations.
In Germany, the Sparkassen-Finanzgruppe has already started offering the PhonePOS solution nationwide under the name “Sparkasse POS.” Other major customers include the BBVA financial group, a leading player in Spain and Latin America, and the globally operating payment service provider Global Payments from Atlanta, USA. Global Payments is already using PhonePOS in Hungary with exponential success. The PhonePOS solution targets both small merchants and business owners as well as large retailers on a project basis, who can use PhonePOS, for example, as a queue-busting solution. Market research has identified significant potential for PhonePOS in Europe, the USA, and beyond.
About Rubean:
Rubean AG is an established software manufacturer in the financial sector with 20 years of experience. The company is now growing by developing innovative solutions for mobile payments. This includes the mobile point-of-sale terminal solution PhonePOS, which was developed in collaboration with CCV. Rubean is listed on m:access of the Munich Stock Exchange, as well as on the Frankfurt, Berlin, and Düsseldorf stock exchanges, and on Tradegate and Quotrix.
About CCV:
The international payment division of CCV stands for innovation and long-standing expertise in all areas of cashless payment. With a holistic view of the customer journey, CCV offers omni-channel payment solutions for network operators, retail, hospitality, vending, EV charging, and mobility. The portfolio, with a focus on major customers, includes both efficient standard solutions and individual, customized developments. CCV payment solutions are market leaders in the Netherlands and are deployed in 22 other European countries. The CCV Group, headquartered in Arnhem (NL), has branches in the Netherlands, Belgium, and Germany.
