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Ryvyl Inc. - RVYL STOCK NEWS

Welcome to our dedicated page for Ryvyl news (Ticker: RVYL), a resource for investors and traders seeking the latest updates and insights on Ryvyl stock.

Ryvyl Inc. (symbol: RVYL) is a cutting-edge technology company specializing in blockchain-based payment solutions. Headquartered in San Diego, with additional offices in Seattle, Las Vegas, and Vancouver, Ryvyl designs and develops disruptive applications integrated into a comprehensive suite of financial products tailored for various industries.

The company’s core offering is the GreenBox POS, a fully-integrated, secure, blockchain-based Point of Sale system. This technology encompasses compliance, financial audit preparation, expense tracking, tax payments, register-specific features, and data fidelity controls. By leveraging blockchain technology, Ryvyl ensures a secure, immutable ledger for recording and storing tokenized assets, representing cash or data.

Ryvyl's software development is primarily in-house, augmented by international subsidiaries. The company collaborates with various vendors to develop customized electronics for point of sale machines and blockchain-based ATMs, significantly upgrading existing solutions.

One of Ryvyl's flagship products, QuickCard, provides a blockchain-powered e-wallet, demonstrating the company’s commitment to utilizing blockchain for real-world financial solutions. Ryvyl has been awarded five provisional patents, reflecting its innovative edge in the tech industry.

Ryvyl operates two main segments: North America and International, with the majority of its revenue generated from the North American market. The company continues to focus on monetizing its proprietary blockchain-based systems to support a wide array of industries.

Recent achievements include various operational highlights and upcoming events, such as the Q4 and Full Year 2023 Conference Call and Webcast on March 26, 2024, and the Q1 2024 Conference Call and Webcast on May 14, 2024. These events are crucial for stakeholders to stay updated on Ryvyl's financial performance and strategic initiatives.

For more information, visit www.ryvyl.com. Investor relations inquiries can be directed to Mark Schwalenberg at MZ Group, reachable at 312-261-6430 or via email at RVYL@mzgroup.us.

Rhea-AI Summary
RYVYL Inc. (NASDAQ: RVYL) recently completed convertible debt for preferred equity exchange transactions, reducing debt by over $60 million and substantially increasing net stockholders’ equity. This has led to the restoration of compliance with Nasdaq regulations and a greater equity investment exposure by the largest investor. The company's balance sheet is much stronger, and its common stock remains listed on Nasdaq, positioning it well to invest in growth and drive the expansion of its payment transaction technology and global reach.
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RYVYL Inc. (NASDAQ: RVYL) and R3 collaborate to offer businesses a groundbreaking Blockchain-as-a-Service solution, 'RYVYL Block', designed to streamline blockchain integration and provide a scalable platform for seamless expansion and growth.
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RYVYL Inc. (RVYL) Announces Exchange Agreement to Convert Debt to Equity and Strengthen Balance Sheet
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RYVYL Inc. (NASDAQ: RVYL) reports impressive Q3 results with a 64% revenue increase to $17.5 million and provides a Q4 2023 revenue outlook of $19 to $21 million. The company highlights record processing volumes, strategic business growth, and new executive appointments.
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RYVYL Inc. expects Q3 2023 revenues to grow 60% compared to Q3 2022, reaching a new quarterly record of $17.0 million. Full financial results will be reported on November 13, 2023. Conference call scheduled to discuss results and provide corporate update.
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RYVYL Inc. appoints George Oliva as Chief Financial Officer
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RYVYL Inc. to participate in LD Micro Main Event XVI Conference
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RYVYL Inc. approves reverse stock split at a ratio of 1-for-10, expected to become effective on September 6, 2023. Market price per share expected to increase, potentially attracting more investors.
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RYVYL Inc. to participate in H.C. Wainwright 25th Annual Global Investment Conference
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RYVYL Inc. reports record Q2 revenues of $14.8 million, a 113% increase YoY. Raises Q3 revenue outlook to $16-18 million. Expects 2023 full-year revenue to exceed $60 million. RYVYL EU partners with Visa for account transfers in 80+ countries. RYVYL EU approved to launch SEPA Instant Payments in Europe. RYVYL signs up 6 financial institutions for Banking-as-a-Service solution. Acquires Logicquest for coyni spin-off. Appoints Gene Jones as Interim CFO. Reduces debt by $6 million. Cash and equivalents at $63.9 million. Adjusted EBITDA loss of $0.9 million for Q2.
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FAQ

What is the current stock price of Ryvyl (RVYL)?

The current stock price of Ryvyl (RVYL) is $1.3599 as of December 24, 2024.

What is the market cap of Ryvyl (RVYL)?

The market cap of Ryvyl (RVYL) is approximately 10.1M.

What does Ryvyl Inc. do?

Ryvyl Inc. develops and markets blockchain-based payment solutions, providing a comprehensive suite of financial products designed for various industries.

Where is Ryvyl Inc. headquartered?

Ryvyl Inc. is headquartered in San Diego, with additional offices in Seattle, Las Vegas, and Vancouver.

What are some of Ryvyl Inc.'s key products?

Key products include the GreenBox POS system and QuickCard, a blockchain-powered e-wallet.

How does Ryvyl Inc. utilize blockchain technology?

Ryvyl's blockchain technology ensures a secure, immutable ledger for recording and storing tokenized assets, representing cash or data.

What industries benefit from Ryvyl Inc.'s solutions?

Ryvyl's blockchain-based payment solutions benefit a wide range of industries, offering advanced financial products and services.

What are some recent achievements of Ryvyl Inc.?

Recent achievements include operational highlights and upcoming conference calls, such as the Q4 and Full Year 2023 and Q1 2024 Conference Calls.

How can I learn more about Ryvyl Inc.'s financial performance?

Stay updated by attending upcoming conference calls and webcasts, and visit www.ryvyl.com for the latest financial reports and news.

Who can I contact for investor relations information?

For investor relations inquiries, contact Mark Schwalenberg at MZ Group, reachable at 312-261-6430 or via email at RVYL@mzgroup.us.

What are the main segments Ryvyl Inc. operates in?

Ryvyl operates in two main segments: North America and International, with the majority of revenue generated from North America.

Where can I find more information about Ryvyl Inc.?

For more detailed information, visit Ryvyl's official website at www.ryvyl.com.

Ryvyl Inc.

Nasdaq:RVYL

RVYL Rankings

RVYL Stock Data

10.06M
5.20M
29.83%
2.97%
3.11%
Software - Infrastructure
Services-management Consulting Services
Link
United States of America
SAN DIEGO