Ryvyl Inc

Ryvyl, Inc. is a technology company formed for the purpose of developing, marketing and selling innovative blockchain-based payment solutions. The firm’s focus is to develop and monetize disruptive blockchain-based applications, integrated within an end-to-end suite of financial products, capable of supporting a multitude of industries. Its proprietary, blockchain-based ecosystem is designed to facilitate, record and store a virtually limitless volume of tokenized assets, representing cash or data, on a secured, immutable blockchain-based ledger. The company was founded in 2007 and is headquartered in San Diego, CA.

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Ryvyl Inc reports robust Q1 growth, eyes international expansion

Ryvyl Inc's Q1 2024 performance reflects strong revenue growth, particularly in international markets, despite challenges in North America.
Strategic strengths in international expansion, liquidity management, and technology retention position the company well for future opportunities.
Addressing challenges in North America and achieving profitability remain key focus areas, while upcoming growth initiatives and shareholder confidence signal positive momentum.

Ryvyl Inc reports robust Q2 earnings, eyes international expansion

Ryvyl Inc demonstrated strong revenue growth in Q2 2024, particularly in International markets, with a focus on product innovation and strategic partnerships.
While facing profitability challenges, the company's licensing strategy and cost management initiatives provide avenues for improvement.
Anticipated growth in processing volumes and revenue, along with a healthy cash balance, position Ryvyl for future expansion and profitability.
Strategic focus on international markets, innovative product offerings, and operational efficiency will be key drivers of Ryvyl's success.

Ryvyl Inc posts robust Q3 results, eyes international growth opportunities

Ryvyl Inc's Q3 2024 performance reflects a positive trajectory with strong revenue growth and strategic initiatives driving future opportunities.
While facing challenges such as regulatory dynamics and partnership execution, the company's focus on innovation and market positioning bodes well for sustained success.
With a clear roadmap for revenue expansion, Ryvyl Inc is poised to capitalize on international markets, technology advancements, and strategic partnerships for future growth.

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Ryvyl, Inc. operates as a financial technology company, which develops, markets, and sells innovative block chain-based payment solutions. It operates through the North America and International geographical segments. The company was founded in 2007 and is headquartered in San Diego, CA.

SAN DIEGO, CA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, amended the previously announced non-binding Memorandum of Understanding (the “MOU”) for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company's Series B Convertible Preferred Stock (the “Preferred Stock”). The MOU has been amended to extend the first tranche payment of $12.8 million to November 29, 2024.

RYVYL Amends MOU to Adjust Timing of First Tranche Payment to Investor to Retire 8% Senior Convertible Note and Series B Convertible Preferred Stock

Ryvyl Inc. (NASDAQ:RVYL ) Q3 2024 Results Conference Call November 14, 2024 4:30 PM ET Company Participants Ben Errez - Chairman Fredi Nisan - Chief Executive Officer & Co-Founder George Oliva - Chief Financial Officer Conference Call Participants Michael Donovan - H.C. Wainwright Howard Halpern - Taglich Brothers Operator Good afternoon, everyone, and welcome to Ryvyl Inc. Third Quarter 2024 Conference Call.

Ryvyl Inc. (RVYL) Q3 2024 Earnings Call Transcript

Ryvyl (RVYL) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.60 per share a year ago.

Ryvyl (RVYL) Reports Q3 Loss, Misses Revenue Estimates

SAN DIEGO, CA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, has signed a non-binding Memorandum of Understanding (the “MOU”) with the investor (the “Investor”) setting forth the terms agreed to by the Company and the Investor for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company's Series B Convertible Preferred Stock (the “Preferred Stock”) held by the Investor. As of October 31, 2024, the outstanding Note principal was $19.0 million, and the liquidation value of the Preferred Stock was $53.5 million.

RYVYL Signs MOU with Investor to Retire 8% Senior Convertible Note and Series B Convertible Preferred Stock

SANDIEGO, CA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, plans to report financial results for the third quarter of 2024 on Thursday, November 14, 2024, after the market close.

RYVYL to Announce Third Quarter 2024 Financial Results on Thursday, November 14, 2024

SAN DIEGO, CA, Oct. 14, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, today announced it will participate at the LD Micro Main Event XVII being held October 28-30, 2024, at the Luxe Sunset Blvd Hotel in Los Angeles.

RYVYL to Present at the LD Micro Main Event XVII

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Taglich Brothers, Inc. announces that it has initiated coverage of RYVYL Inc . (NASDAQ: RVYL).

Taglich Brothers Initiates Coverage of RYVYL Inc.

Ryvyl Inc. (NASDAQ:RVYL ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Ben Errez - Chairman Fredi Nisan - Chief Executive Officer & Co-Founder George Oliva - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Howard Halpern - Taglich Brothers Operator Good afternoon, everyone and welcome to RYVYL Inc's Second Quarter 2024 Conference Call.

Ryvyl Inc. (RVYL) Q2 2024 Earnings Call Transcript

SANDIEGO, CA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, plans to report financial results for the second quarter of 2024 on Tuesday, August 13, 2024, after the market close.

RYVYL to Announce Second Quarter 2024 Financial Results on Tuesday, August 13, 2024

-Fintech veteran Christian Murray, who will lead RYVYL's licensing strategy, expands role from VP of Revenue to newly created position of Managing Director, Northeast Merchant Systems -

RYVYL Increases Focus on Licensing and Aligns U.S. Operations by Business Unit

Ryvyl Inc. (NASDAQ:RVYL ) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Ben Errez - Chairman George Oliva - Chief Financial Officer Min Wei - Chief Operating Officer Fredi Nisan - Chief Executive Officer Conference Call Participants Kevin Dede - H.C. Wainwright Operator Good afternoon everyone and welcome to Ryvyl Inc's First Quarter 2024 Conference Call.

Ryvyl Inc. (RVYL) Q1 2024 Earnings Call Transcript

Ryvyl (NASDAQ: RVYL ) stock is falling on Tuesday after the blockchain-based payment solutions company announced a proposed public offering for its shares. Ryvyl hasn't pinned down the specific details of this offering just yet.

Why Is Ryvyl (RVYL) Stock Down 10% Today?

San Diego, CA, April 16, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced the cancellation of the proposed underwritten public offering of shares of its common stock originally announced on April 15, 2024.

RYVYL Inc. Announces Cancellation of Proposed Underwritten Public Offering

San Diego, CA, April 15, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock are being offered by RYVYL. In addition, RYVYL intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

RYVYL Inc. Announces Launch of Proposed Underwritten Public Offering

Ryvyl, Inc. (RVYL) Q4 2023 Earnings Call Transcript

Record Q4 2023 Revenue of $22.3 Million Increased 100% Compared to Q4 2022 and Exceeded Guidance of $19 Million to $21 Million

RYVYL Reports Record Full Year 2023 Revenue of $65.9 Million, Up 100% Compared to 2022

SAN DIEGO, CA, March 14, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, expects to report financial results for the fourth quarter and full year 2023 on Tuesday, March 26, 2024.

RYVYL to Announce Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 26, 2024

LOS ANGELES , March 4, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Ryvyl Inc. ("Ryvyl" or the "Company") (NASDAQ: RVYL) concerning whether the board breached its fiduciary duties to shareholders.

The Law Offices of Frank R. Cruz Announces Investigation of Ryvyl (RVYL) on Behalf of Investors

ACI Worldwide

MIAMI--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a collaboration with RYVYL EU, a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates. RYVYL EU is an EU-regulated electronic money institution based in Sofia, Bulgaria, and is a wholly owned subsidiary of RYVYL Inc. (NASDAQ: RVYL).

ACI Worldwide and RYVYL EU Power Merchant Payments in Central Eastern Europe

- Processing volume hit $3 billion, up 58% over 2022 -- Retains coyni to drive substantial revenue growth - - Provides 2024 revenue guidance of $95 million to $100 million -

RYVYL Expects 2023 Revenue to be Up >90% Over 2022 and Provides 2024 Revenue Guidance Up >67% Over 2023

Recently completed convertible debt for preferred equity exchange transactions reduced debt by over $60 million, substantially increasing net stockholders' equity

RYVYL Regains Compliance with Nasdaq Continued Listing Requirements

NEW YORK / SAN DIEGO, Dec. 14, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) and R3, a leading provider of enterprise distributed ledger technology (“DLT”) software and services for the financial services sector, proudly announce their collaboration to offer businesses a groundbreaking Blockchain-as-a-Service solution that enables streamlined and secure digital transformation.

RYVYL and R3 Partner to Unveil RYVYL Block: Next-Generation Blockchain-as-a-Service Infrastructure

SAN DIEGO, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, announced today the Company entered into a second exchange agreement with an existing noteholder (the “Noteholder”), to forbear the note repayment requirement until April 5th, 2025 and exchange the outstanding principal in a new authorized series of preferred stock.

RYVYL Announces Second Exchange Agreement with Convertible Noteholder; Reducing Company Debt by more than $60 million

Ryvyl, Inc. (NASDAQ:RVYL ) Q3 2023 Results Conference Call November 13, 2023 4:30 PM ET Company Participants Ben Errez - Chairman George Oliva - Chief Financial Officer Min Wei - Chief Operating Officer Fredi Nisan - CEO Conference Call Participants Kevin Dede - H.C. Wainright Operator Good afternoon, everyone, and welcome to RYVYL Inc.'s Third Quarter 2023 Conference Call.

Ryvyl, Inc. (RVYL) Q3 2023 Earnings Call Transcript

Management to Host Third Quarter 2023 Financial Results Conference Call on Monday, November 13, 2023

News for Ryvyl Inc Stock (RVYL)