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
As the payments landscape is evolving and changing, RYVYL is at the forefront of what the future could look like. We are constantly striving to ensure that we are working to help push the industry forward and be a proponent of change. Without change there cannot be progress. We aim to make a better future for our clients and partners.
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, expanding 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.
OUR EXECUTIVES
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.
George Oliva has served as RYVYL’s CFO since October 2023. He has over 30 years of experience as a senior finance professional, with a background in corporate finance, treasury, financial planning and analysis, international tax, and strategic planning. Prior to joining RYVYL, he was Chief Financial Officer and Corporate Secretary for WiSA Technologies, Inc. since 2019. He was also a partner with Hardesty LLC, a national executive services firm, through which he provided financial consulting services to public and private companies nationwide. As Interim Chief Financial Officer of SpineEx, Inc., a California-based medical equipment manufacturer, Mr. Oliva was responsible for managing the company’s financial, human resources and information technology departments. Prior to that, he served as Vice President of Finance of GameWorks, a family entertainment chain, where he developed a plan to restructure the company’s business in connection with an acquisition by a lender. He also served as controller for Eva Automation, an audio company, where he implemented purchase accounting in connection with a $180 million acquisition. Mr. Oliva began his career in auditing with Arthur Andersen & Co. He earned a degree in Business Administration from the University of California, Berkeley with a dual emphasis in Accounting and Finance.
Gene Jones served as RYVYL’s Interim CFO and SEC Project Advisor from March 2023 to October 2023. Previously, he collaborated with the RYVYL team to complete the 2021 and 2022 financial restatements and subsequent compliance filings. He is a partner at SeatonHill Partners, LP, a firm specializing in CFO services and project-based financial leadership. With over 35 years of experience in various executive roles, including Chief Financial Officer, Chief Operating Officer, Corporate Treasurer, and Controller, Mr. Jones has contributed to both public and private equity companies, as well as venture-funded startups. He possesses a substantial history of assisting organizations of varying sizes in areas such as financial management, information technology, human resources, risk management, and technology services. His expertise extends across several key sectors, including technology services, manufacturing and distribution, retail, restaurants, legal and engineering firms, litigation support services, and physician practice management. His primary areas of focus involve organizations undergoing transitions, particularly those facing leadership changes or requiring process remediation, as well as entities in need of emergency funding or engaged in fraud detection and investigation. Mr. Jones’s extensive background includes a decade with KPMG, where he oversaw several hundred engagements, executed over 40 mergers and acquisitions, and led the sales process for six different private equity firms. He earned an MBA from Indiana University and a Bachelor of Science in Accounting from St. Joseph's College. He is a licensed Certified Public Accountant in Texas.
Brett Moyer has served as a Director since June 2025. Mr. Moyer has served as the Chief Financial Officer of Datavault AI Inc., a data sciences technology company, since December 2024. Mr. Moyer was a founder of WiSA Technologies (“WiSA”) and served as President and Chief Executive Officer of WiSA and Chairperson of its board of directors from August 2010 to December 31, 2024, at which time, it acquired Data Vault Holdings Inc.’s assets and Nathaniel T. Bradley, CEO of Data Vault Holdings, became CEO of the newly named Datavault AI.. From August 2002 to July 2010, Mr. Moyer served as president and chief executive officer of Focus Enhancements, Inc., a developer and marketer of proprietary video technology. From February 1986 to May 1997, Mr. Moyer worked at Zenith Electronics Inc. a consumer electronic company, where he had most recently been the vice president and general manager of its Commercial Products Division. Since June 2016, Mr. Moyer has also served as a member of the board of directors of Alliant International University, a private university offering graduate study in psychology, education, business management, law and forensic studies, and bachelor's degree programs in several fields. From 2003 to December 2015, he served on the board of directors of HotChalk, Inc., a developer of software for the educational market, and from March 2007 to September 2008, he was a member of the board of directors of NeoMagic Corporation, a developer of semiconductor chips and software that enable multimedia applications for handheld devices. Mr. Moyer received a Bachelor of Arts in Economics from Beloit College in Wisconsin and a Master's of Business Administration with a concentration in finance and accounting from Thunderbird School of Global Management.