This Site is Amazing
This Site is Amazing
REVOLUTIONIZING THE PAYMENTS INDUSTRY
RYVYL is first and foremost a technology company. We are focused on revolutionizing the payments industry with leading edge, blockchain solutions for the incredibly diverse, rapidly evolving and dynamic global marketplace.
A RYVYL IS NOT AN ENEMY.
IT IS AN AGENT OF CHANGE, OF PROGRESS.
RIVALS BRING OUT THE BEST IN US.
THEY RAISE OUR COLLECTIVE GAME TO BRING
BETTER IDEAS INTO THE WORLD.
WE DON'T SEEK TO RIVAL ANY PERSON OR COMPANY.
WE WANT TO RIVAL ENTRENCHED DOGMAS AND
OLD WAYS OF THINKING THAT ARE UNWILLING TO CHANGE.
WE WANT TO CHALLENGE WHAT EXISTS.
SO THAT ALL MAY BENEFIT.
RIVALS ARE ABOUT COMPETITION
AND COMPETITION BRINGS OUT GREATNESS.
IT CREATES BENEFITS FOR EVERYONE TO ENJOY FREELY.
Our Vision
The moral compass and driving force of an organization is their value system. A RYVYL has first and foremost, integrity. We grasp our goals with tenacity and passion expands the territory of what is possible. The uncharted forefront of leading-edge thinking, invention, strategy, and creativity is our happy place. We believe that empowerment is the true measure of wealth and that having the vision to see the future is the best way to make it come true. Yet, it’s our moxie that lends us the swagger and belief that we can change the world. WE ARE RYVYL.
OUR VALUES
The moral compass and driving force of an organization is their value system. A RYVYL has first and foremost, integrity. We grasp our goals with tenacity and passion expands the territory of what is possible. The uncharted forefront of leading-edge thinking, invention, strategy, and creativity is our happy place. We believe that empowerment is the true measure of wealth and that having the vision to see the future is the best way to make it come true. Yet, it’s our moxie that lends us the swagger and belief that we can change the world. WE ARE RYVYL.
OUR HISTORY
The history of RYVYL begins with art. When self-described “life brothers,” Ben Errez and Fredi Nisan, met at an art auction, they knew they wanted to become partners. Combining Fredi’s expertise in the payments industry savvy with both technology and merchant relations, and Ben’s legacy in technology, with Intel and Microsoft, and with capital markets, they embarked on a journey out of the office at Ben’s gym. They took many notes…in pencil with eraser top– as Ben says, “the most powerful tool to build new technology.” They sensed they were on to something big and launched GreenBox POS as a private company focused on payment solutions on the blockchain on June 13, 2017. In April of 2018, after raising 1.6 million in seed capital, they conducted a reverse acquisition into the OTCQB. Upon raising another $51 million through EF Hutton, in February of 2021 GreenBox became a public company listed on NASDAQ. In only 5 years, this duo has raised an excess of $160 million. With the release of Gen1 technology in Q1 of 2019, they process over $170 million which doubled by April 2020. By January 2021, the company processed over $2 billion and today, with a new name and 3rd generation of our technology, we are poised toward massive growth within the digital payments landscape, launching an international digital token platform and expanding our technology.
BOARD OF DIRECTORS
Fredi Nisan has served as a Director and our Chief Executive Office since July 2017, and has been a principal of the Company since August 2017. In May 2016, Nisan founded Firmness, LLC. Through Firmness, Nisan created “QuickCitizen,” a software program that simplifies the onboarding process for new clients of law firms specializing in immigration issues. The QuickCitizen software significantly reduced law firm’s onboarding processing time from more than three hours to approximately fifteen minutes. In January 2010, Nisan launched Brava POS, where he served as President until 2015. Brava POS provided point of sale (“POS”) systems for specialty retail companies. Nisan developed software to provide clients with solutions for issues ranging from inventory management to payroll to processing high volume transactions in the form of a cloud-based POS system. This system had the capability to manage multiple stores with centralized inventory and process sales without an internet connection, and offered a secure login for each employee, as well as including advanced inventory management and reporting, plus powerful functionality for its end users. From January 2007 until November 2017, Nisan worked for One Coach, in San Diego, CA, as a business coach. One Coach specializes in customized growth solutions for small business owners, including the latest strategies for sales, internet marketing, branding and ROI. Nisan was consistently ranked as the top salesperson for small business coaching while working with One Coach.
Genevieve Baer has served as a Director since February 2021 and has been chief executive officer of JKH Consulting since 2009. JKH Consulting is a real estate finance consulting firm that has advised on transactions with a collective value of over $10 billion. Prior to her work with JKH Consulting, Ms. Baer worked at Magnet Industrial Bank for 6 years at the end of which tenure she was a Senior Vice President. Ms. Baer also worked at US Bancorp Piper Jaffray for 9 years as a Vice President working on equity and debt real estate financings.
Ezra Laniado has served as a Director since February 2021 and has, since 2018, been Executive Director of the San Diego chapter of Friends of Israel Defence Forces and, since 2017, been Regional Director of the San Diego chapter of the Israeli-American Council, two American charitable organizations providing support and funds for Israel and the Israeli community in America. In such capacity, Mr. Laniado has raised over $5 million in donations and managed over 30 volunteers. From 2014 to 2017, Mr. Laniado was Co-Founder and Business Director of Shonglulu Group, a fashion brand. As Business Director, Mr. Laniado raised capital, coordinated the company’s marketing strategy, and implemented its business plan. Prior to 2014, Mr. Laniado was an attorney in Israel for 4 years. Mr. Laniado received a B.A. and an L.L.B. from the Interdisciplinary Center Herzliya.
David Montoya has served as a Director since May 2023 and has been the legal and operations managing partner of Seaview Mezzanine Fund, LP since 2005, where he negotiates and reviews investments and private placements. Seaview is a private equity fund making debt and equity investments into lower and middle market companies. Mr. Montoya has been the Chief Executive Officer of Saugatuck Brands, Inc. since 2017. Saugatuck is a holding company with investments in a regulated industry in California. From 2001 to 2005, Mr. Montoya was an Of Counsel attorney at Breslow & Walker LLP, a law firm, where he advised private equity funds, public companies and private companies with respect to general corporate, M&A, real estate and tax matters. Prior to 2001, Mr. Montoya’s experience included working at the law firm Skadden Arps, Slate, Meagher & Flom and the accounting firm Ernst & Young. Mr. Montoya earned a BS in Finance from St John’s University, an MBA from Columbia University Graduate School of Business and a JD from New York University School of Law. Mr. Montoya is an active member of the New York State Bar Association and a New York State CPA (retired).