RUBEAN AG has a stronger position with partial operation CCV

Rubean AG mit Teilbetrieb CCV stärker aufgestellt

30. November 2021

30. November 2021 – München : The transfer of the “CCV PhonePOS” sub-operation of CCV GmbH to the fintech company Rubean AG, Munich, (ISIN: DE0005120802, WKN: 512080, R1B: GR) has been completed. The Munich commercial court registered the transaction approved at the Rubean general meeting in August by way of a capital increase in kind. This creates an even stronger provider of payment solutions in the tap-to-phone area. The sub-operation called "CCV PhonePOS" stands for the development of mobile payment solutions. With the contribution, CCV and Rubean are combining the jointly developed PhonePOS solution on Rubean, which will grow strongly in the future. In the course of the capital increase in kind, Rubean's share capital rose to a total of EUR 2.717 million.

CCV and Rubean had also signed an extensive cooperation agreement that included the development, support and sales of PhonePOS. CCV will manage the sales of the PhonePOS software in the D-A-CH as well as in the Benelux countries, while Rubean will build up and be responsible for sales in the rest of Europe, in North and South America as well as Asia, Oceania and Africa.

PhonePOS enables every merchant with an Android device to download the PhonePOS app from the Google Play Store and to immediately accept contactless card payments securely, inexpensively and anywhere, without having to buy or lease expensive hardware. PhonePOS is PCI-CPoC certified and therefore has unlimited worldwide approval.

In Germany, the Sparkassen-Finanzgruppe has already started to offer the PhonePOS solution nationwide under the name "Sparkasse POS". Other major customers are the BBVA financial group, which is leading in Spain and Latin America, and the global payment service provider Global Payments from Atlanta / USA. Global Payment is already using PhonePOS in Hungary with an exponentially growing success. The PhonePOS solution is aimed at smaller dealerships and businesses as well as large chain stores on a project basis who can use PhonePOS, for example, as a queue-busting solution. Market research has identified considerable potential for PhonePOS in Europe, the US and beyond.

About Rubean

Rubean AG has been an established software developer in the financial sector for 20 years. The company is now growing with the development of innovative solutions for mobile payments. These include the mobile point-of-sale terminal solution PhonePOS, which was developed in cooperation with CCV. Rubean is listed on the m:access of the Munich Stock Exchange as well as on the Frankfurt, Berlin and Düsseldorf OTC markets and on Tradegate and Quotrix.

About CCV

The international payment division of CCV stands for innovation and many years of expertise in all areas of cashless payment. With a holistic view of the customer journey, CCV offers omni-channel payment solutions for network operations, retail, hotel industry, vending, EV charging & mobility. The portfolio with a focus on major customers includes both efficient standard solutions and individual, tailor-made developments. CCV payment solutions are market leaders in the Netherlands and are also used in 22 other European countries. The CCV Group, headquartered in Arnhem (NL), has branches in the Netherlands, Belgium and Germany.

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