The software company Rubean, listed on m:access, from Munich expects a revenue increase from 0.7 million euros to around 2 million euros for the current year 2022. The company plans to reach breakeven point next year, as announced by the South Germans on Thursday.
The expected growth is driven by developments in the payment receiving solution PhonePOS. Last year, PhonePOS successfully completed its first market entries after extensive testing and successful approvals, resulting in significantly increasing revenues from various market launches this year, according to Rubean.
“Our major customers have announced that they will ensure broad market launches in 2022. This applies to the Spanish major bank BBVA, the payment service provider Global Payments, and a large German banking organization,” says Rubean board member Hermann Geupel. In addition, negotiations are underway with potential new customers.
About Rubean:
Rubean AG is an established software manufacturer in the financial sector with 20 years of experience. The company is now growing with the development of 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 the m:access of the Munich Stock Exchange, as well as on the Frankfurt, Berlin, and Düsseldorf exchanges, and on Tradegate and Quotrix.
