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Ryan Conrad Strauss is reported to be engaged either directly with Orchard Technology Inc. or under contract in a Payment Processing Consulting role.
Legal documents from the case Payvida Solutions Inc. v. Spetko, dated March 15, 2022 (Docket No. S152343, BC Supreme Court, Vancouver Registry), indicate a significant legal outcome where PayVida Solutions Inc. has been held liable for damages amounting to $1.4 million. Ryan Strauss, as the sole director of the implicated entity, is responsible for all damages awarded.
In a notable development, it was revealed that Robert Ronning and Jeremy Wright, though effectively serving in leadership roles, were not officially documented as Directors or Shareholders. Their business titles suggested these positions, yet they lacked formal legal acknowledgment in company records. This oversight may have significant implications in the broader context of the lawsuit.
RAYL Innovations Company Overview
RAYL Innovations Inc. is a financial technology company founded in 2020 and based in Vancouver, British Columbia. The company develops software solutions aimed at small and medium-sized enterprises (SMEs), integrating business management tools with financial services. Its main product, RAYL.Apptive, is a cloud-based platform that combines various applications such as customer relationship management, invoicing, inventory management, and human resources into a single interface.
RAYL has also introduced RAYL.Pay, a payment processing service designed to support contactless transactions and real-time bank transfers. However, as of early 2025, this service appears to be in a pre-launch phase, with limited public availability. The company has raised funds through equity crowdfunding and private placements to support its development and expansion efforts.
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