- CEO
- Ben Errez
- Full Time Employees
- 15
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 3131 Camino Del Rio N. Suite 1400 San Diego CA United States of America 92108
- IPO Date
- Aug 27, 1999
- Business
- Coyni, Inc. (LOGQ) operates as a fintech company providing blockchain-based payment and processing solutions, including tokenized digital wallets, peer-to-peer transfers, business-to-consumer and business-to-business transactions, and instant cash-out options via ACH, credit and debit cards, push-to-card, gift cards, prompt payments, and billing. The platform utilizes a closed-loop ecosystem backed 1:1 by the U.S. dollar, with near real-time attestation through a partnership with Trust Explorer to ensure transparency and custodial assurance; it targets consumers and businesses seeking secure, efficient alternatives to traditional payment systems. coyni functions as a brand within the RYVYL Inc. family of payment solutions, leveraging RYVYL's proprietary blockchain technology for enhanced security and speed.
Founded on July 23, 2001, originally as Solis Communications, Inc., the company is headquartered in San Diego, California, with prior operations including broadband networking services before shifting focus to investment opportunities and fintech. It conducts business primarily in the United States, serving individual users via a mobile app for QR code payments and withdrawals, as well as enterprise clients through branded platform integrations.
In June 2023, the company rebranded from Logicquest Technology, Inc. to Coyni, Inc., marking a strategic pivot to emphasize its payment platform amid RYVYL Inc.'s controlling ownership established through prior share purchases. Recent developments include RYVYL's decision announced in late 2024 to integrate rather than spin out coyni technology across U.S. and European operations, alongside a private label partnership that launched in Q4 2024 to generate initial licensing revenue. These moves support expanded vertical diversification and international growth, with optimism expressed for favorable regulatory changes under the current administration.