Ryvyl reports fourth quarter and full year 2022 financial results

Record full year revenues grow 33% to $32.9 million on processing volume of $3.6 billion record fourth quarter revenues grow 56% to $11.1 million san diego, ca, april 17, 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 transaction, has provided its financial results for the fourth quarter and full year ending december 31, 2022. management commentary by ceo fredi nisan: 2022 and subsequent operational highlights: achieved record annual processing volume in 2022 of approximately $3.6 billion, an 83% increase from $1.95 billion processed in 2021.
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