- Revenue surpasses 0.8 million euros
- Revenue forecast slightly exceeded
Munich, October 21, 2022: The fintech company Rubean AG, (ISIN: DE0005120802, WKN: 512080), Munich, will increase its revenue by 25 percent in the fiscal year 2022, according to initial calculations. In total, the company is expected to achieve revenue of over 0.8 million euros. “Our forecast, adjusted in October of this year, is slightly exceeded,” says Rubean board member Dr. Hermann Geupel. The increase in revenue is due to IT services as well as income from the growing use of Rubean’s payment acceptance solutions, PhonePOS and GetPAYD.
Rubean’s PhonePOS is increasingly being distributed by the German Savings Banks Group for smaller user groups. Since the end of November this year, merchants and service providers can accept Girocard payments with PIN entry on their smartphones in any amount, without the need for additional acceptance hardware. This has enabled the Savings Banks Financial Group to take a big step towards further tapping into the payment market, which is clearly dominated by the Girocard with a market share of over 65% in Germany. Rubean also generates additional revenue from the successful use of GetPAYD by customers of payment service provider Global Payment and the Spanish-Latin American major bank BBVA, with whom Rubean is partnerly connected. In the current fiscal year, Rubean has also acquired major clients such as delivery services in the Czech Republic and Spain, as well as a large charitable organization in the United Kingdom.
“We are optimistic for the new fiscal year 2023 and expect strong revenue growth,” Geupel continues.
About Rubean:
Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers, and merchants. In its nearly twenty-year history, Rubean has developed innovative solutions for the payment, finance, and banking industry. This includes the mobile point-of-sale terminal solution PhonePOS, which was developed in collaboration with CCV. In addition to its headquarters in Munich, Rubean has offices in Hamburg, London, Tel Aviv, and Tbilisi. Rubean is listed on the m:access segment of the Munich Stock Exchange as well as on the open market in Frankfurt, Berlin, and Düsseldorf, and on Tradegate and Quotrix.
