|
DGAP-News: Rubean AG
/ Key word(s): Takeover/Corporate Action
Corporate news CCV and Rubean AG grow together - Annual General Meeting approves the incorporation of the CCV PhonePOS business into Rubean AG through an in-kind capital increase - Joint tap-to-phone development bundled into Rubean's solutions - Extensive cooperation to open up large markets Munich, August 26, 2021: The fintech company Rubean AG, Munich, (ISIN: DE0005120802, WKN: 512080, R1B: GR) and the CCV Group (headquarters in Arnhem), can deepen their partnership and open up larger Tap-to -Phone markets. The general meeting of Rubean approved the transfer of the "CCV PhonePOS" business to Rubean AG, which had already been agreed between the partners, with a large majority. This clears the way for strong growth to become a leading company in the field of mobile payments. The contribution of the CCV part operation will be carried out by way of an in-kind capital-with the exclusion of subscription rights-against the issue of 600,000 shares. This increases the existing share capital to EUR 2,60 million. The partners had already signed an extensive cooperation agreement that includes the development, support and sales of the jointly developed PhonePOS software. Accordingly, the CCV Group will sell the PhonePOS software in the D-A-CH and the Benelux countries in the future, while RUBEAN will also develop and be responsible for sales in the rest of Europe, North and South America, Asia, Oceania and Africa. With the contribution, CCV and Rubean are moving the jointly developed PhonePOS solution onto Rubean alone, which will grow strongly in the future. PhonePOS is the leading solution for secure, cashless payment acceptance using an Android-powered smartphone, without the need for additional devices. In Germany, the Sparkasse Finance Group has already started to offer the PhonePOS solution nationwide under the name "Sparkasse POS". Other major customers are the BBVA financial group, which is the leader in Spain and Latin America, and the global payment service provider Global Payments from Atlanta / USA. The PhonePOS solution, which can be installed as an app on a conventional smartphone, is aimed primarily at smaller merchants and businesses. Based on market research, 42 million customers were identified for PhonePOS across Europe, as well as a considerable customer potential in the USA. "We are happy that the Annual General Meeting has now cleared the last formal hurdle for the closer partnership with the CCV Group," says Dr. Hermann Geupel, CEO of Rubean AG. "After more than five years of development work and intensive joint development, we will now also benefit from the fruits of our work together," Geupel concluded. About RUBEAN If you have any questions, please contact: Anna Sammer, Rubean AG as Jörg Bretschneider, german communications AG
26.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Rubean AG |
| Kistlerhofstr. 168 | |
| 81379 München | |
| Germany | |
| Phone: | 089-357560 |
| Fax: | 089-35756111 |
| E-mail: | info@rubean.com |
| Internet: | www.rubean.com |
| ISIN: | DE0005120802 |
| WKN: | 512080 |
| Listed: | Regulated Unofficial Market in Munich |
| EQS News ID: | 1229137 |
| End of News | DGAP News Service |
|
|
1229137 26.08.2021
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
