Ryvyl is a small fintech company that enables merchants to accept credit card payments. Ryvyl operates through a BIN (Bank Identification Number) sponsorship arrangement, which gives merchants access to global card networks like Visa and Mastercard without requiring a traditional banking license. Ryvyl is not itself a payment processor — it acts as an intermediary between merchants and acquiring banks or processors, handling merchant underwriting, KYC compliance, onboarding, risk monitoring, and customer service internally, while relying on third-party partners for actual transaction processing and settlement. Ryvyl targets underserved, higher-risk merchant verticals — including retail, private educational institutions, auto and home insurance, and adult entertainment — where mainstream processors and banks are often unwilling to serve merchants directly. Revenue is driven primarily by taking a spread on card transaction volume across its merchant base. Ryvyl has also launched NEMS Core, an internally developed disbursements platform for initiating and settling inbound and outbound payments, though it remains in early commercialization. Ryvyl is a very small company with approximately 15 full-time employees. Ryvyl has signed a merger agreement with RTB Digital, a SaaS-based digital media platform; if completed, RTB's stakeholders would own roughly 85% of the combined company, effectively making it a reverse merger that would shift the combined entity's focus toward digital media and content.