Company Profile

Business description

Rubean AG develops software for highest quality and security demands of banks and online payment players. Rubean’s latest development is the mobile and online payment solution RubeanPay, that turns smartphones of the world leading manufacturer Samsung into personal payment terminals. Customer are enabled to pay online in the same secure and easy manner as they are used to at cash desks.

With a core staff experienced in information technology for banks, young app developers and a management which is experienced in international sales, Rubean will exploit the opportunities of the dynamic smartphone environment.

Chances arise by combining the security infrastructure TEE (Trusted Execution Environment), which Trustonic has created with Samsung and other Android phone manufacturers, together with the rollout of contactless bank cards. Rubean has built a new payment scheme on top of both infrastructures.

Rubean AG expects a tremendous market demand for that latest software solution and prepares for the growth of the company and global marketing of the solution. Therefore Rubean has already closed partnerships with the security infrastructure provider Trustonic (a joint venture of ARM and Gemalto) and with webshop software manufacturers Gambio and PrestaShop.

Market development and Competition

On a long term the payment of goods and services will happen without cash. The major part of payment will be conducted via personal smartphones. Requirements on these payment systems are high, as they have to be convenient and absolutely secure at the same time.

For the last three years Rubean has developed RubeanPay, enabling a fast, convenient and especially secure payment with smartphone and bank card. On 19th May 2016 a patent has been filed for RubeanPay. According to the German patent law §33 PatG Rubean AG can already after the publication of the patent application demand compensation from imitators and from the grant of the patent on prevent any imitation. Until 18th May 2017 Rubean can apply the patent additionally abroad. RubeanPay complies with the European Payment Service Directive PSD2 and therewith possesses competitive advantages.

Shareholder structure
Trade data
ISIN / WKN International Securities Identification Number (ISIN):
DE0005120802
Securities Identification Number (Wertpapierkennnummer):
512080
Symbol: R1B
Stock exchange Munich
Market segment Open Market
First day of trading Sept. 16, 2016
Initial price 5,15 EUR
Volume of shares 1.100.000 abearer shares
Volume of shares 1,1 Mio. Euro
Applicant and Listing Partner   Small & Mid Cap Investmentbank AG
Pricing intermediary Mwb fairtrade Wertpapierhandelsbank AG

 

Company key figures
* Up to date the Rubean group has generated revenue solely with the product "DRubeans"
** Up to the end of 2014 only Rubean AG has issued invoices to customers
*** From 2015 up to the stock exchange listing on August 2016, the consolidated revenue of the Rubean group consists of revenues of the daughter company RDS GmbH, which has been founded in September 2014
****   Forecasted Rubean group revenue until 31st of December 2016, secured by existing orders. Risk Disclosure: the forecasted revenue is without any warranty and just reflects the management's expectations for the according period.

 

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