Ryvyl announces strategic partnership with Intercash

RYVYL announced it has entered into a strategic partnership with Intercash to collaborate on card issuance for customers in the European Economic Area, EEA. Through the collaboration, business customers can now offer co-branded debit and prepaid cards to untapped consumer markets leveraging RYVYL’s new Banking-as-a-Service platform as the infrastructure. "Until now, certain B2B customers, through no fault of their own, have been largely excluded from using this important brand-building marketing tool," says Fredi Nisan, Co-Founder and CEO of RYVYL. "By leveraging our partnership with Intercash, we are excited to be able to bring businesses in Europe the ability to create their own customized cards." The agreement is another example of RYVYL’s recent successes signing international financial institutions such as Paydek, Xace and others to its BaaS solution. The company expects to process more than $100 million in BaaS transaction volume per month when fully ramped up.