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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.

News

RYVYL Launches coyni Mobile Point-of-Sale App for Android and iOS

Rhea-AI Summary
RYVYL Inc. launches coyni mPOS app for secure transactions, eliminating the need for card readers. Highly scalable and capable of processing customized business rules. Provides rich data insights and functionality. Aligns with the company's strategy of creating value and spinning off coyni. Transactions executed with reliable and secure blockchain technology.
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RYVYL Announces Completion of Initial Steps Under the Exchange Agreement Reducing Debt and Increasing Shareholder Equity and Cash Flow

Rhea-AI Summary
RYVYL Inc. (NASDAQ: RVYL) announced the closure of the first of two exchange transactions with an existing noteholder, exchanging $4,297,000 of outstanding principal balance and $1,703,000 of accrued interest for 6,000 shares of Series A Convertible Preferred Stock. The remaining $16,703,000 is to be exchanged for 9,000 shares of Series A Convertible Preferred Stock at an additional closing, subject to certain conditions.
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RYVYL to Announce Second Quarter 2023 Financial Results on Monday, August 14, 2023

Rhea-AI Summary
RYVYL Inc. (NASDAQ: RVYL) to report Q2 2023 financial results on August 14, 2023. The company will host a conference call to discuss financial results, provide a corporate update, and conduct a Q&A session. Participants can join via phone or webcast.
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RYVYL Bolsters Capital Structure Resulting in Debt Reduction, Significant Improvement to Cash Flow, and Increased Shareholder Equity in Exchange Agreement with Convertible Noteholder

Rhea-AI Summary
RYVYL Inc. announces an amendment to the terms of its convertible note financing, potentially exchanging $22.703 million of the existing note into new class convertible preferred stock. The exchanges will reduce the company's total debt by $22.703 million and improve shareholder equity by a similar amount. The new preferred stock issued in the exchange will have a stated value approximately $7.7 million less than the surrendered note.
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RYVYL Announces Preliminary Second Quarter 2023 Financial Results

Rhea-AI Summary
RYVYL Inc. (NASDAQ: RVYL) has announced its preliminary financial results for the second quarter of 2023. The company's Q2 revenues exceeded the guidance range of $12.5 to $14 million, growing 30% sequentially to $14.5 million. Q2 processing volume also exceeded the guidance range of $580 to $610 million, growing 16% sequentially to $650 million.
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RYVYL Announces Simon & Edward, LLP Selected as Auditor of coyni, Inc.

Rhea-AI Summary
RYVYL Inc. announces the engagement of Simon & Edward, LLP as the accounting firm and auditor of coyni, Inc., replacing MaloneBailey. This move aims to streamline operations for both RYVYL and coyni and facilitate the spin-off and eventual Nasdaq uplist. More details can be found in the associated 8-K filing.
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RYVYL EU and Visa Partner to Enable Visa Direct for Fast and Secure Account-to-Account Transfers - UPDATED

Rhea-AI Summary
RYVYL EU, a subsidiary of RYVYL, has partnered with Visa to offer Visa Direct, a fast and secure transfer solution, to its customers. This collaboration will revolutionize fund transfers by allowing customers to send money to authorized accounts in over 80 countries through Visa's network. The integration of Visa Direct will provide faster access to funds, with money becoming available within minutes instead of days.
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RYVYL EU and Visa Partner to Enable Visa Direct for Fast and Secure Account-to-Account Transfers - Updated

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RYVYL Inc. announces strategic partnership with Visa for account-to-account transfer solution
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RYVYL EU and Visa Partner to Enable Visa Direct for Fast and Secure Account-to-Account Transfers

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RYVYL Appoints Gene Jones as Interim Chief Financial Officer

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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.

Stock RVYL logo
Ryvyl Inc.

Nasdaq:RVYL

RVYL Rankings

#5589 Ranked by Market Cap
N/A Ranked by Dividends

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