New Institutional Investor Takes 10%+ Ownership Stake in Fintech Firm Ryvyl

Rhea-AI Filing Summary

S8 Global Fintech & Regtech Fund has filed a Form 3 (Initial Statement of Beneficial Ownership) for Ryvyl, disclosing a significant ownership position as a 10% owner of the company. The filing date is June 28, 2025, reporting an event that occurred on June 11, 2025.

Key details of the beneficial ownership:

• The fund directly owns 3,087,000 shares of common stock ($0.001 par value per share)
• No derivative securities (options, warrants, etc.) were reported
• The filing entity is based in Capellen, Luxembourg (postal code 8308)
• The form was signed by Geraldine Gantenbein as Manager on June 20, 2025

This Form 3 filing indicates a new substantial investment position in Ryvyl, triggering SEC disclosure requirements for beneficial owners holding 10% or more of a company's securities. The direct ownership structure suggests a straightforward equity investment without any complex derivative positions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

S8 Global Fintech & Regtech Fund

(Last) (First) (Middle)

2C PARC D'ACTIVITES

(Street)

CAPELLEN N4 8308

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2025

3. Issuer Name and Ticker or Trading Symbol
RYVYL Inc. [ RVYL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.001 par value per share	3,087,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Geraldine Gantenbein, Manager	06/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of RVYL stock does S8 Global Fintech & Regtech Fund own?

According to the Form 3 filing, S8 Global Fintech & Regtech Fund directly owns 3,087,000 shares of RVYL common stock with $0.001 par value per share.

What is S8 Global Fintech & Regtech Fund's relationship to RVYL?

S8 Global Fintech & Regtech Fund is a 10% owner of RVYL Inc., as indicated in Section 4 of the Form 3 filing. They are not a director or officer of the company.

When did S8 Global Fintech & Regtech Fund's ownership in RVYL trigger SEC reporting requirements?

The event requiring this Form 3 filing occurred on June 11, 2025, as stated in Section 2 of the filing. This represents the date when S8 Global Fintech & Regtech Fund's ownership first became reportable under SEC rules.

Does S8 Global Fintech & Regtech Fund own any derivative securities of RVYL?

No, according to Table II of the Form 3 filing, S8 Global Fintech & Regtech Fund does not own any derivative securities of RVYL such as options, warrants, or convertible securities.

What type of ownership does S8 Global Fintech & Regtech Fund have in RVYL?

S8 Global Fintech & Regtech Fund has Direct (D) ownership of RVYL shares, as indicated in Column 3 of Table I in the Form 3 filing.