Rubean AG Experiences Significant Turnover Increase in 2024

Rubean AG, a fintech company based in Munich, has reported a substantial growth in turnover for the first nine months of 2024. The company's revenue increased by 117% compared to the same period last year, reaching EUR 1.284 million. This impressive growth is attributed to strategic partnerships and the introduction of innovative solutions.

One of the key actions contributing to this growth was the deployment of Rubean's SoftPOS solution by Deichmann, Europe's largest shoe retailer, in Germany. Additionally, Rubean expanded its presence in Colombia by allowing local retailers to accept card payments via smartphones during the United Nations Biodiversity Conference. In parallel, the company managed to reduce personnel costs by 6%.

Rubean AG's solutions, such as the PhonePOS, offer software-based point-of-sale systems, empowering retailers to process card payments via smartphones without additional hardware. This approach supports major banks and merchants across Europe, including the integration of Germany's girocard.