RYVYL Inc.
formerly GreenBox POS
Payments Infrastructure · Public Company
A NASDAQ listed payments platform: engineered, scaled, and shipped to a $43.5M IPO on NASDAQ Capital Markets.
10,000+
Locations running on the platform
$43.5M
IPO gross proceeds
$10.50
IPO price / share
4.15M
Shares offered
The Challenge
GreenBox POS needed a payments platform robust enough to take a company from private operations to a NASDAQ Capital Markets listing. That meant multi currency acquiring, real time settlement, treasury dashboards fit for CFO level visibility, and the operational rigor a public company's auditors and regulators expect: all delivered on a timeline compatible with the IPO calendar.
What We Built
A production grade payments infrastructure with multi currency acquiring and payouts, double entry ledger, automated reconciliation, and real time treasury reporting. Compliance, KYC/AML screening, and audit ready evidence trails were designed in from day one: not bolted on before the S 1.
- Multi currency acquiring and payouts across global rails
- Double entry ledger with tamper evident audit trail
- Real time treasury and CFO dashboards
- Automated reconciliation and regulatory reporting
- KYC / AML screening and compliance controls
- S 1 ready evidence: logs, controls, and audit artifacts
Outcome
GreenBox POS (later renamed RYVYL Inc.) listed on NASDAQ Capital Markets on February 16, 2021, offering 4,150,000 shares at $10.50 per share for gross proceeds of approximately $43.5 million. The offering was led by Kingswood Capital Markets. The platform engineered pre IPO now trades on NASDAQ under the ticker RVYL.
IPO Facts
Company
GreenBox POS (renamed RYVYL Inc.)
Ticker
NASDAQ: RVYL
Exchange
NASDAQ Capital Markets
Listing date
February 16, 2021
IPO price
$10.50 per share
Shares offered
4,150,000
Gross proceeds
~$43.5 million
Lead underwriter
Kingswood Capital Markets
Analyst & Press Coverage
Coverage from major financial platforms.
Renaissance Capital IPO profiles, analyst coverage from ProActive Investors and Yahoo Finance, investor conference features, and comprehensive earnings analysis on GlobeNewswire documented the NASDAQ listing and post-IPO performance.
Renaissance Capital
IPO Profile
“Comprehensive IPO profile and performance tracking for RYVYL Inc. (formerly GreenBox POS) on NASDAQ: RVYL.”
IPO Research
ProActive Investors
Analyst Coverage
“Ongoing analyst coverage and market analysis for GreenBox POS on the NASDAQ.”
Market Analysis
Yahoo Finance
Analyst Initiation
“Analyst coverage initiation and financial news coverage for GreenBox POS LLC.”
Financial News
GlobeNewswire
Earnings Reports
“Official earnings announcements and quarterly financial results for GreenBox POS (later RYVYL Inc.).”
Corporate News
Investor Wire
Conference Coverage
“Coverage of GreenBox POS featured in the 34th annual Roth Conference, a leading investor conference for growth companies.”
Conference Participation
Ayondo
Analyst Profile
“Analyst coverage and financial profile tracking for RYVYL Inc. on major financial platforms.”
Financial Data
More fintech projects
Same team, more platforms in production.
VeloTech
AI native orchestration
One API for payments, wallets, custody, compliance, treasury, and FX across 7 payment rails: partners launch under their own brand.
NEMS
Global payments platform
Two sided merchant management with multi currency acquiring, payouts, treasury dashboards, and permissioned ledger settlement.
MonerePay
SMB merchant services
Merchant services tuned for small and mid sized businesses: onboarding, processing, and revenue optimization without enterprise complexity.
QuickCard
Cashless checkout + settlement
Blockchain secure checkout for customers, batch settlement for the business: one platform for funds, withdrawals, and reconciliation.
The Sufferfest
Consumer SaaS · Acquired
Napkin to acquisition consumer platform. $20M+ revenue, 70+ countries, 125,000+ community: acquired by Wahoo Fitness in 2019.
mydiveo
Forbes featured · Acquired
Mobile portfolio platform for artists. $4M raise, tier 1 press (Forbes, LA Times, Billboard), acquired for $7.4M within 15 months of launch.
SAFER
GovTech · Patented biometric
World's first biometric activated personal emergency alert system. Patented Jan 2017, beta tested with U.S. police departments.
REAP Pro
PropTech · Business Insider
Real estate appraisal platform replacing 70% manual data entry with OCR driven automation. Launched on Business Insider.
PACE Racing
AI sports analytics · 25 year archive
AI powered thoroughbred racing analytics. Entity resolution across 3 providers, AI video frame analysis, predictive modelling, and sectional analysis from 25 Hz GPS telemetry across a 25 year archive.
Polo Platform
USPA / HPA · AI sports analytics
AI powered match operations: video frame analysis, team and player analytics, predictive modelling, and MP4 to HLS pipeline with frame accurate seeking. Two governing bodies, one platform.
CaptureProof
AI health · Patented · $6.15M raised
AI driven visual health platform: Smart Medical Camera turning any smartphone into a clinical imaging device. 3 patents, 8+ awards including MedTech Breakthrough.
Saleem
HealthTech · 50K+ downloads · Iraq
Home healthcare marketplace for Iraq: doctor visits, nursing, physiotherapy, lab tests at your door. Arabic first, cross platform, Zain Great Idea Top Innovator.
Your next fintech
Ship yours to production
with the NASDAQ experience,
IPO backed team: no downtime.
30 minutes with the engineers who took a payments platform from private to a $43.5M NASDAQ listing. Bring your idea, leave with a scope, a rails plan, and a timeline.
The service behind this
Payments infrastructure at this scale is the foundation agentic banking runs on: once money movement is reliable, idempotent and fully logged, an agent can be trusted to initiate it.