- More than doubling in 2024 to approx. 2.2 million to 2.5 million EUR
- Around one million users of the Rubean app by the end of 2025
- Double-digit million revenue for the first time in 2027
Munich, 11 March 2024 Fintech company Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080) expects the strong revenue growth to continue throughout the year 2024 following a successful start into the new financial year. The Management Board expects sales to grow to around EUR 2.2 million to EUR 2.5 million, after sales of above EUR 1 million were achieved for the first time in 2023. According to planning, growth will continue exponentially and double-digit million revenues could be achieved for the first time in 2026 / 2027, with the EBIT margin then likely to be around 40 per cent of revenue.
Rubean’s strong start is the result of a whole series of new contracts and a rapidly growing market for mobile payment acceptance systems. “Compared to the market for mobile payments, the market for mobile payment acceptance is just beginning,” says Rubean CEO Dr Hermann Geupel. The security certifications required in the payment industry represent a major barrier to entry for emerging competitors. In addition, the unique selling point of being able to accept payments with the girocard (ec-card) on a mobile phone is proving to be a major competitive advantage.
The Rubean app is becoming increasingly popular with retailers – from merchants to large enterprises – because it runs directly on existing smartphones or handhelds and requires no additional hardware.
“Many of our customers’ pilot projects have already gone into regular operation or are in the process of doing so,” says Rubean CTO & COO Jochen Pielage. These include logistics companies across Europe, such as the national postal service and GLS in Spain or DPD, Express One and Dodo in Eastern Europe, which use their mobile scanner devices with the Rubean app for accepting card-payments when making deliveries. Large banks such as the savings banks, BBVA in Spain or Global Payments Europe offer the Rubean app to their corporate customers together with their banking apps.
“In addition to the monthly software licence fees, Rubean also earns from every single transaction in the newly concluded contracts,” Pielage continues. User numbers are also growing exponentially. “We expect over one million users of our Rubean app by the end of 2025,” says Geupel.
Sobre Rubean:
Rubean AG, con sede en Múnich, es uno de los principales proveedores de soluciones de punto de venta puramente informáticas para bancos, entidades adquirentes y comercios. Esto incluye la solución móvil Phone-POS, que permite a los comerciantes recibir pagos con tarjeta directamente en su smartphone sin necesidad de un dispositivo adicional. Esta solución es utilizada por proveedores de servicios de pago, grandes bancos, minoristas y pequeños comercios de toda Europa y es la única solución softPOS compatible con la girocard (tarjeta ec) en Alemania. Rubean cotiza en m:access, en la mayoría de los mercados OTC y en XETRA.
