RYVYL (NASDAQRVYL), a leading innovator of payment-transaction solutions leveraging proprietary blockchain ledger and electronic-token technology for diverse international markets, will be presenting at this month’s LD Micro Main Event XVII. The event is slated for Oct. 28–30, 2024, in Los Angeles. According to the announcement, RYVYL chair and cofounder Ben Errez and CFO George Oliva will be presenting at 11 a.m. PT on Oct. 29. The two executives will also meet one-on-one with investors throughout the three-day event.

RYVYL (NASDAQRVYL) is a global financial payment processing technology company that has developed applications to provide an end-to-end suite of turnkey financial products with enhanced security, data privacy, identity theft protection, and rapid speed to settlement. Taglich Brothers Inc., a full-service broker dealer focused exclusively on microcap companies, today announced that it has initiated coverage of RYVYL. According to the announcement, the company has paid Taglich Brothers to create and disseminate research reports.

Ryvyl just reported results for the first quarter of 2024.

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions, today announced that it will participate at the H.C. Wainwright 26th Annual Global Investment Conference. The event is set for September 9-11, 2024, at the Lotte New York Palace Hotel in New York City. According to the announcement, Ben Errez, RYVYL Chairman and Co-Founder, and George Oliva, RYVYL Chief Financial Officer, will be in attendance to present to attendees. The presentation is scheduled for September 11 at 9:30 a.m. ET. Ben and George will also be available for 1×1 meetings with investors throughout the conference.

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, is reporting on its financial results for the second quarter of 2024, or the period ended June 30, 2024. The report noted that the company’s new private and white-label licensing is expected to attract new customers, lower certain processing costs and operational risks, and expand gross margins. The company anticipates that its latest Gen 4 software offers businesses and merchants highly customizable, advanced and efficient fintech payment solutions.

RVYL stock results show that Ryvyl beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, has licensed its payment-platform-as-a-service to a U.S. based licensee. According to the announcement, the licensee plans to deploy services nationwide for both card present (“CP”) and card not present (“CNP”) transactions, with RYVYL earning revenue on every transaction. The agreement capitalizes on RYVYL’s proprietary technology and creates revenue for the company in the fourth quarter.

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, is planning to release its second-quarter 2024 financial results on Aug. 13, 2024. The company will release the report after market close. In addition, RYVYL has scheduled a conference call and webcast for that same day to discuss the report and provide a corporate update; the call will begin at 4:30 p.m. ET. Those interested in accessing the call may dial 1-833-816-1437 (U.S. callers) or 1-412-317-0529 (international callers). Following the call, a replay of the event will be available by calling 1-844-512-2921 (U.S.) or 1-412-317-6671 (international), the enter access ID 10191677.

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, is planning to release its second-quarter 2024 financial results on Aug. 13, 2024. The company will release the report after market close. In addition, RYVYL has scheduled a conference call and webcast for that same day to discuss the report and provide a corporate update; the call will begin at 4:30 p.m. ET. Those interested in accessing the call may dial 1-833-816-1437 (U.S. callers) or 1-412-317-0529 (international callers). Following the call, a replay of the event will be available by calling 1-844-512-2921 (U.S.) or 1-412-317-6671 (international), the enter access ID 10191677.

RYVYL (NASDAQRVYL) is a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets. The company announced that it has aligned its U.S. operations to increase its focus on diversifying into new vertical markets within its Northeast Merchant Systems (“NEMS”) business unit. In addition to leading its licensing strategy, RYVYL’s VP of Revenue Christian Murray was promoted to a newly created position of managing director of NEMS effective July 15, 2024. “RYVYL has developed visionary technology to verify, secure and record payment transactions that has been enthusiastically received by merchants and end customers, despite recent changes in the regulatory environment that impacted our U.S. segment revenue in the past six months. To increase monetization of our technology, we have been focusing U.S. operations on diversifying vertical markets and leveraging software licensing to expand our market penetration,” said Fredi Nisan, co-founder, director and CEO of RYVYL. “In March 2024, we began streamlining operations, including outsourcing payment logistics to third-party partners and reducing approximately 25% of U.S.-based positions. These efforts are improving efficiencies, freeing up resources to reinvest in key growth areas, creating a more agile organization and positioning us to capture a growing pipeline of diversified opportunities within our NEMS business unit as well as to address changes within the fintech compliance landscape to deliver exceptional value and ensure strong positioning within the market.”

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, has entered into an agreement to extend the repayment date on an existing note. According to the announcement, the agreement is with a current noteholder of an 8% senior convertible note; the repayment date on the note was extended to April 5, 2026. In the agreement, the noteholder agrees to extend the repayment date one year, and in return, the company will pay $80,000 in cash now as an advance payment of the next interest payment due and payable under the note, which is scheduled for Oct. 1, 2024. The announcement noted that remaining terms of the note are unchanged, including the total in principal that remains outstanding — $19.1 million — which the company intends to pay in full on or before the new due date. “Extending our debt repayment obligation demonstrates the continued confidence and support of our noteholder and strengthens our financial flexibility as we continue driving growth in multiple verticals across diverse international markets,” said RYVYL Chairman Ben Errez in the press release. “Prepaying a portion of the scheduled interest payment underscores our commitment to maintaining strong relationships with our financial partners and our focus on investing in the Company’s long-term success.”

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, has entered into an agreement to extend the repayment date on an existing note. According to the announcement, the agreement is with a current noteholder of an 8% senior convertible note; the repayment date on the note was extended to April 5, 2026. In the agreement, the noteholder agrees to extend the repayment date one year, and in return, the company will pay $80,000 in cash now as an advance payment of the next interest payment due and payable under the note, which is scheduled for Oct. 1, 2024. The announcement noted that remaining terms of the note are unchanged, including the total in principal that remains outstanding — $19.1 million — which the company intends to pay in full on or before the new due date. “Extending our debt repayment obligation demonstrates the continued confidence and support of our noteholder and strengthens our financial flexibility as we continue driving growth in multiple verticals across diverse international markets,” said RYVYL Chairman Ben Errez in the press release. “Prepaying a portion of the scheduled interest payment underscores our commitment to maintaining strong relationships with our financial partners and our focus on investing in the Company’s long-term success.”

RYVYL (NASDAQRVYL), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for the diverse international markets, is reporting on its financial and operational results for the quarter ended March 31, 2024. Highlights of the report include a 49% increase in revenue for Q1 2024 compared to Q1 2023, with revenue reaching $16.8 million, and total processing volume for the quarter increasing by 4% compared to Q4 2023, with EU processing business volume reaching $755 million and North America processing business volume totaling $239 million. “RYVYL makes payment technology simple by enabling intuitive, secure and compliant payments,” said RYVYL CEO Fredi Nisan in the press release. “Leveraging this proprietary technology, we are actively pursuing new verticals and licensing opportunities, such as new PayFac as a service and new independent software vendor relationships, which we believe will drive long-term growth. In Q1 2024, our RYVYL EU efforts continued to gain traction and delivered processing volume and revenue growth. However, recent changes in the banking compliance environment in the U.S. are affecting some of our high-risk verticals. As we navigate this transition, we remain focused on efficient capital management, to date repatriating $7.5 million from Europe to the U.S. while implementing cost control measures projected to benefit us in future periods. Additionally, we are accelerating business development in new verticals. While we expect Q2 2024 revenue to continue to be impacted, we believe our robust pipeline will fuel growth in the second half of 2024.”

It's time to dive into the biggest pre-market stock movers with all of the hottest news worth reading about on Wednesday!

Ryvyl shares are trading lower by 30.6% during Tuesday's session. The company late Monday announced the launch of a proposed underwritten public offering, which is now cancelled.

Shares of Skillsoft Corp. (NASDAQSKIL) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates.

Calidi Biotherapeutics stock is falling hard on Tuesday after the company priced a public offering for more than 15 million shares of CLDI.

Ryvyl stock is falling hard on Tuesday after the payment solutions company announced plans for a public offering of RVYL shares.

Shares of Macatawa Bank Corporation (NASDAQMCBC) rose sharply in today’s pre-market trading after Wintrust Financial Corporation NASDAQ: WFTCNASDAQWFTC)

Pre-market stock movers are worth diving into on Tuesday as we check out all of the biggest changes and the news behind them!