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RYVYL EU Payments-as-a-Service Contracts Rapidly Onboarding New Accounts
RVYLRyvyl (RVYL) Newsfilter·2025-04-02 11:00

Core Insights - RYVYL Inc. is rapidly onboarding new accounts through its digital banking partnerships, achieving over 10,000 accounts with an average of 1,000 new accounts per day [1][6] - The company anticipates onboarding 900,000 new customer accounts within the next 12 months through its second digital banking partner [2][3] - RYVYL's financial guidance for 2025 is based on retaining its RYVYL EU subsidiary and successfully terminating a pre-funded asset sale agreement [3] Company Developments - The first contract with a financial services provider is projected to exceed 50,000 active accounts in 2025 [2] - RYVYL has processed more than €10 million in transaction volume [6] - The company emphasizes its PaaS platform's value in accelerating growth and providing seamless onboarding and compliance expertise [3] Market Position - RYVYL Inc. is positioned as a leading innovator in payment transaction solutions, leveraging electronic payment technology for diverse international markets [4] - The company has developed an end-to-end suite of financial products that enhance security, data privacy, and speed to settlement [4]