Deutsche Fintech RUBEAN expands shareholder base

09. Dezember 2019 – München: The German fintech company RUBEAN AG (ISIN: DE0005120802, WKN: 512080), Munich, has expanded its group of shareholders. In the course of Rubean's recently fully subscribed capital increase by 110,000 to 1.21 million shares, the owner family of CCV Group BV, Arnhem (NL), took a stake. This means that another significant shareholder belongs to the group of shareholders of the developer and manufacturer of financial software. CCV and Rubean are already working together with the aim of turning smartphones into payment terminals for retailers.

The “Phone-POS” payment acceptance solution jointly developed by CCV and Rubean, which, in contrast to other providers, does not require any additional hardware, is particularly attractive for smaller and mobile retailers for whom the current payment terminals are too expensive and cumbersome. In order to be able to process contactless (NFC) payments, all the retailer needs to do is load an app onto his smartphone and use it to accept payments from his customers' credit or giro cards. With its patent-pending security software, Rubean helps ensure that such transactions are appropriately secured. The software is currently in the final testing stage at the major credit card organizations Mastercard and Visa. Another partner of CCV and Rubean is a leading financial group that will offer the PhonePOS solution nationwide in Germany in the near future.

About RubeanRUBEAN AG has been an established software manufacturer in the financial sector for 20 years. The company offers software solutions for smooth communication with peripheral devices in bank branches in Germany and Switzerland. Rubean is now growing with the development of innovative solutions for mobile payment. These include the mobile point-of-sale terminal solution PhonePOS, which was created in cooperation with CCV, and the patented RubeanTag technology, which connects not only Android smartphones but also iPhones to contactless payment and customer loyalty programs. RUBEAN has been listed on the open market on the Munich Stock Exchange since 2016.