Ryvyl pays initial $13.0 million tranche to securityholder to retire all outstanding series b convertible preferred stock and majority of 8% senior convertible note

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:
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