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- Reiterates 2025 guidance of $80 million to $90 million in revenue and mid-40s percentage gross margin - SAN DIEGO, CA, March 31, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology for the diverse international markets, reported its financial results for the quarter and year ended December 31, 2024. RYVYL Co-founder and CEO Fredi Nisan issued the following business update for investors. "We made significant progress in 2024 as our U.S. operations stabilized over the past several quarters, while our International segment maintained a strong growth trajectory. Intern
First contract has onboarded over 1,000 accounts with 50,000+ more accounts expected in 2025 Second contract to onboard over 900,000 accounts over a 12-month period beginning Q2 2025 These new contracts reinforce 2025 revenue outlook of $80 million to $90 million SAN DIEGO, CA, March 20, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a leading provider of cutting-edge payment solutions, announced that its subsidiary RYVYL EU has secured two Payments-as-a-Service (PaaS) contracts, which are expected to onboard nearly one million new accounts over the next 12 months. These agreements significantly expand RYVYL's footprint in Europe and strengthen its long-te
SAN DIEGO, CA, Jan. 28, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology for diverse international markets, has paid the initial tranche of $13.0 million to a securityholder of the Company on January 27, 2025, which completed the following: Redeemed of all shares of the Company's Series B Convertible Preferred Stock ("Preferred Stock"), for which the liquidation value was $53.1 million.Partially repaid the 8% Senior Convertible Note held by the securityholder ("Note"), reducing the outstanding principal from $18.3 million to $4.0 million, which is due on or before Apr
SC 13G/A - RYVYL Inc. (0001419275) (Subject)
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SAN DIEGO, CA, Oct. 19, 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, today announced that it has appointed George Oliva as Chief Financial Officer of the Company, replacing former Interim Chief Financial Officer, Gene Jones. George Oliva has over 30 years of experience as a senior finance professional, with a background in corporate finance, treasury, financial planning and analysis, international tax, and strategic planning. Prior to joining RYVYL, he was Chief Financial Officer and Corporate
SAN DIEGO, CA, June 06, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, today announced that it has appointed Gene Jones, as Interim Chief Financial Officer of the Company, replacing former Interim Chief Financial Officer, Mary Lay Hoitt. For over 35 years Jones has served within various executive roles including Chief Financial Officer, Chief Operating Officer, Corporate Treasurer and Controller for public, private equity, venture funded, and start-up companies. He has a long history of helping firms of
SAN DIEGO, CA, March 09, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, today announced that it has appointed Mary Lay Hoitt, CPA, as Interim Chief Financial Officer of the Company, replacing J. Drew Byelick who has resigned. Mary Lay Hoitt is an accomplished financial executive with over 25 years in CFO and VP of Finance roles serving both public and private firms, from early-stage start-ups to global companies with annual revenues of over $300 million. Her industry experience includes high-tech and me
10-K - RYVYL Inc. (0001419275) (Filer)
8-K - RYVYL Inc. (0001419275) (Filer)
S-1 - RYVYL Inc. (0001419275) (Filer)
- Management to Host Conference Call at 4:30 pm E.T. on Thursday, November 14, 2024 - SAN DIEGO, CA, Nov. 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 the diverse international markets, reported its financial results for the quarter ended September 30, 2024. RYVYL Co-founder and CEO Fredi Nisan "In the third quarter of 2024, we achieved sequential revenue growth, driven by consistently strong international performance, which offset some challenges in U.S. operations. Our International revenue grew a robust 96% in the thi
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 management will host a conference call at 4:30 p.m. Eastern Time on Thursday, November 14, 2024, to discuss the Company's financial results for the third quarter ended September 30, 2024, provide a corporate update and end with a question-and-answer session. To participate, please use the following informa
- RYVYL EU continues strong growth, increasing International revenue 134% in Q2 2024 vs. year ago - - Northeast Merchant Systems business unit aligned to focus on new verticals and licensing - - Management to Host Conference Call at 4:30 pm E.T. on Tuesday, August 13, 2024 - SAN DIEGO, CA, Aug. 13, 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 the diverse international markets, reported its financial results for the quarter ended June 30, 2024. "RYVYL delivered second quarter 2024 revenue in line with expectations, as lowe