- Increase in share capital at a ratio of ten to one
- Inflow of 1.634 million euros in cash
Munich, May 2, 2023: Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080), has successfully completed its capital increase for growth financing. The fintech company received an inflow of 1.634 million euros from the cash capital increase carried out through a private placement. Four investors participated in the capital measure. The share capital was increased at a ratio of ten to one, with 271,000 shares added, bringing the total number of shares to 2.986 million: one strategic investor, two public funds, and one family office. The funds will be used for the company’s growth in Germany, where, among others, the Sparkassen Group uses Rubean’s payment acceptance solution, as well as in the Czech Republic, Hungary, Slovakia, Spain, and later in the year, the United Kingdom.
Rubean has already started the new fiscal year with an increasing order situation. In recent months, Rubean has received orders for the implementation of their mobile money payment acceptance software solution from various sectors, including major banks offering Rubean’s payment acceptance solution called PhonePOS to small businesses and merchants. Rubean’s B-to-B solution, GetPAYD, which is implemented on large companies’ own payment acceptance systems, is also experiencing great success. In this context, Rubean has already received orders from the retail and logistics sectors, as well as from delivery services.
About Rubean:
Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers, and merchants. In its almost 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, 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 of the Munich Stock Exchange, as well as on the Frankfurt, Berlin, and Düsseldorf stock exchanges and Tradegate and Quotrix.
