The OLB Group, Inc. operates as a FinTech and payment facilitator company in the United States. It offers OmniSoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; eVance, a payment processing solution; SecurePay, a payment gateway and virtual terminal with proprietary business management tools; and CrowdPay.us, a white label capital raising platform. The company also operates ShopFast, a cloud-based omni-channel softwares. In addition, it provides ecommerce development and consulting services. The company was incorporated in 1993 and is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: olb.com
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
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NEW YORK, NY / ACCESSWIRE / September 4, 2024 / OLB Group, Inc. (NASDAQ:OLB), a Fintech and bitcoin mining enterprise, announced today it will be featured as a presenting company at the H.C. Wainwright 26th Annual Global Investment Conference being held on September 9-11, 2024. The in-person venue for the event is the Lotte New York Palace Hotel in New York City located at 455 Madison Avenue. Virtual participation will be staged simultaneously with over 550 company presentations scheduled as live feed or available on-demand.OLB Group management will present at the conference virtually at the Lotte New York Palace Hotel in New York City. Ronny Yakov, CEO of OLB Group will be available at the
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise announced today its financial results for the Second Quarter ending June 30, 2024. Investors can access the complete Second Quarter 10-Q atKey Financial Results for Q2 2024 as Compared to Q2 2023Revenue was $3.5 million for the quarter, compared to $8.3 million in the prior year's quarter.Net loss increased to $2.6 million compared to $631 thousand in the prior year's quarter.Adjusted EBITDA was ($1.4) vs $1.2 million in the prior year's quarter.Net loss per basic and diluted common share increased to ($1.49) for the
NEW YORK, NY / ACCESSWIRE / June 24, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise announced today Ronny Yakov, CEO of OLB Group and Patrick Smith, VP of Finance, will present at the Maxim Fintech Virtual Symposium on Tuesday, June 25, 2024, at 10:30 AM EDT. This virtual event will focus on the evolving fintech industry, featuring emerging companies within specialty finance, payments and real estate that have integrated advanced technology into their business models.This event and its recorded replay are intended for institutions and members of M-Vest only. Those interested may sign up to become an M-
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / The OLB Group, Inc., (NASDAQ:OLB) , a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, issued an open Letter to Shareholders from Chairman and CEO of OLB Group, Ronny Yakov, providing a review of a challenging 2023 and anticipated milestones for 2024.Dear Shareholders,Starting on a positive note, our revenues going forward will reflect business from the recent acquisition of the bodegas/convenience store network portal, Black011.com, and the mobile brands Blackwireless.com and Mangomobile.com. OLB recently acquired the remaining 19.9% equity interest of Cuentas SDI, LLC and now owns 100% of Black011.com
NEW YORK, NY / ACCESSWIRE / May 21, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise announced today its financial results for the First Quarter ending March 31, 2024. Investors can access the complete First Quarter 10-Q.Key Financial Results for Q1 2024 as Compared to Q1 2023Revenue was $3.5 million for the quarter, compared to $6.6 million in the prior year's quarter.Net loss increased to $2.9 million compared to $2.6 million in the prior year's quarter.Adjusted EBITDA was ($1.2) vs $752 K in the prior year's quarter.Net loss per basic and diluted common share decreased by $0.03 to ($0.14) for the quar
NEW YORK, NY / ACCESSWIRE / May 20, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that it has received a written letter from Nasdaq, which has determined that for the last 10 consecutive business days, from May 6, 2024 to May 17, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.Future OLB Press Releases and UpdatesInterested investors or shareholders can be notified of future Press releases and Industry Updates by email: [email protected]
NEW YORK, NY / ACCESSWIRE / April 23, 2024 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise issued a shareholder update today prior to the company's special shareholder meeting to be held on Friday April 26, 2024 - https://investors.olb.com/event/2024-special-meeting/.The special shareholder meeting is scheduled for shareholders to consider an amendment to the Company's certificate of incorporation to affect a one-for-ten reverse stock split (the "Reverse Split"). The Reverse Split is intended to result in an increase in the Company's share price whereby the Company will be able to retain its listing on the Nasdaq Ca
NEW YORK, NY / ACCESSWIRE / April 15, 2024 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, will conduct an Earnings Conference Call on April 15, 2024 at 4:30 PM Eastern Daylight Time. Shareholders and interested investors are invited to participate in the Company's earnings call. Questions from investors and shareholders can be submitted after registering and during the call.Register in advance for this meeting:You are invited to Earnings Conference CallWhen: April 15, 2024, 4:30 PM Eastern Time (US and Canada)https://us06web.zoom.us/webinar/register/WN_S_GfuMVLQSarwMdi2Au37wAfter registering,you will receive a con
Company Expansion into Unbanked Sector to Facilitate Revenue Growth with eSIM Technology.NEW YORK, NY / ACCESSWIRE / February 27, 2024 / OLB Group, Inc. (NASDAQ:OLB), a diversified payments company with a Bitcoin mining subsidiary, DMint http://www.dmint.com being prepared for a spin-off to shareholders, announced today the market launch of two wireless phone provider resellers to the unbanked sector. Black Wireless http://www.blackwireless.com, an AT&T-compatible prepaid phone service reseller, and Mango Mobile https://www.mymangomobile.com, a T-Mobile-compatible prepaid phone service, was "soft launched" to validate the market demand and the signup authentication process before this nation
NEW YORK, NY / ACCESSWIRE / November 15, 2023 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the Third Quarter ending September 30, 2023. Investors can access the complete Third Quarter 10-Q at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001314196/000121390023087063/f10q0923_olbgroup.htmKey Financial Highlights for Q3 2023 as Compared to Q3 2022Revenue was $9.69 million for the quarter, compared to $6.25 million in the prior year's quarter. This is year over year increase of 55.2%.Net loss decreased to $1,833,049 compared to $1,854,641 in the prior year's quarter.Year-to-
- SEC Filing
The OLB Group, Inc., (NASDAQ:OLB) , a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, issued an open Letter to Shareholders from Chairman and CEO of OLB Group, Ronny Yakov, providing a review of a challenging 2023 and anticipated milestones for 2024.
OLB Gr (NASDAQ:OLB) reported quarterly losses of $(0.14) per share. This is a 17.65 percent increase over losses of $(0.17) per share from the same period last year. The company reported $3.50 million in sales this quarter. This is a 47.21 percent decrease over sales of $6.62 million the same period last year.
Shares of Apple Inc. (NASDAQ:AAPL) rose sharply in today's pre-market trading after the company reported better reported better-than-expected results for its second quarter. The company announced a $110-billion stock buyback program and a one-penny-per-share increase in its quarterly dividend. Apple shares jumped 5.9% to $183.24 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Vaxxinity, Inc. (NASDAQ:VAXX) gained 45.8% to $0.1519 in pre-market trading after falling 9% on Thursday. Vaxxinity recently announced its intention to voluntarily delist and deregister its Class A common stock. El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) gained
OLB Group Inc (NASDAQ:OLB) shares are trading higher by 16% to $0.50 during Thursday’s session. The company announced its shareholders approved a 1-for-10 reverse split. The split will be effective May 6. This means that every ten pre-split shares of common stock will be combined into one share. The company’s issued and outstanding common stock will be reduced from approximately 18.1 million shares to around 1.8 million shares. OLB says the purpose of the reverse split is to increase the market price per share to maintain its Nasdaq listing. No fractional shares will be issued, and any resulting fractional shares will be converted into cash. See Also: Federal Reserve Takes Cautious
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
4 - OLB GROUP, INC. (0001314196) (Issuer)
5 - OLB GROUP, INC. (0001314196) (Issuer)
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise announced today its financial results for the Second Quarter ending June 30, 2024. Investors can access the complete Second Quarter 10-Q atKey Financial Results for Q2 2024 as Compared to Q2 2023Revenue was $3.5 million for the quarter, compared to $8.3 million in the prior year's quarter.Net loss increased to $2.6 million compared to $631 thousand in the prior year's quarter.Adjusted EBITDA was ($1.4) vs $1.2 million in the prior year's quarter.Net loss per basic and diluted common share increased to ($1.49) for the
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / The OLB Group, Inc., (NASDAQ:OLB) , a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, issued an open Letter to Shareholders from Chairman and CEO of OLB Group, Ronny Yakov, providing a review of a challenging 2023 and anticipated milestones for 2024.Dear Shareholders,Starting on a positive note, our revenues going forward will reflect business from the recent acquisition of the bodegas/convenience store network portal, Black011.com, and the mobile brands Blackwireless.com and Mangomobile.com. OLB recently acquired the remaining 19.9% equity interest of Cuentas SDI, LLC and now owns 100% of Black011.com
NEW YORK, NY / ACCESSWIRE / May 21, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise announced today its financial results for the First Quarter ending March 31, 2024. Investors can access the complete First Quarter 10-Q.Key Financial Results for Q1 2024 as Compared to Q1 2023Revenue was $3.5 million for the quarter, compared to $6.6 million in the prior year's quarter.Net loss increased to $2.9 million compared to $2.6 million in the prior year's quarter.Adjusted EBITDA was ($1.2) vs $752 K in the prior year's quarter.Net loss per basic and diluted common share decreased by $0.03 to ($0.14) for the quar
NEW YORK, NY / ACCESSWIRE / April 15, 2024 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, will conduct an Earnings Conference Call on April 15, 2024 at 4:30 PM Eastern Daylight Time. Shareholders and interested investors are invited to participate in the Company's earnings call. Questions from investors and shareholders can be submitted after registering and during the call.Register in advance for this meeting:You are invited to Earnings Conference CallWhen: April 15, 2024, 4:30 PM Eastern Time (US and Canada)https://us06web.zoom.us/webinar/register/WN_S_GfuMVLQSarwMdi2Au37wAfter registering,you will receive a con
NEW YORK, NY / ACCESSWIRE / November 15, 2023 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the Third Quarter ending September 30, 2023. Investors can access the complete Third Quarter 10-Q at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001314196/000121390023087063/f10q0923_olbgroup.htmKey Financial Highlights for Q3 2023 as Compared to Q3 2022Revenue was $9.69 million for the quarter, compared to $6.25 million in the prior year's quarter. This is year over year increase of 55.2%.Net loss decreased to $1,833,049 compared to $1,854,641 in the prior year's quarter.Year-to-
NEW YORK, NY / ACCESSWIRE / November 14, 2023 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, will hold an Earnings Conference Call on November 15, 2023 at 4:30 PM Eastern Daylight Time. Shareholders and interested investors are invited to participate in the Company's earnings call. Questions can be submitted after registering and during the call.Register in advance for the Earnings call:When: Nov 15, 2023 04:30 PM Eastern Time (US and Canada)Topic: Earning callRegister in advance for this webinar:https://us06web.zoom.us/webinar/register/WN_iS7_FrfZT6uTwwrq-UWTYAAfter registering, you will receive a confirmation em
NEW YORK, NY / ACCESSWIRE / August 21, 2023 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, will hold an Earnings Conference Call on August 21, 2023 at 4:30 PM Eastern Daylight Time. Shareholders and interested investors are invited to participate in the Company's earnings call. Questions can be submitted after registering and during the call.Register in advance for this webinar:When: Aug 21, 2023 11:00 AM Eastern Time (US and Canada)Topic: OLB Group Announces Financial Results for Second Quarter, 2023Register in advance for this webinar:https://us06web.zoom.us/webinar/register/WN_ZqjSTdATQoe40WU_EVM4_gAfter regist
NEW YORK, NY / ACCESSWIRE / August 21, 2023 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the Second Quarter ending June 30, 2023. Investors can access the complete Second Quarter 10-Q at:https://app.quotemedia.com/data/downloadFiling?webmasterId=102575&ref=317701215&type=HTML&symbol=OLB&cdn=bad2a0c51d4eeb920bd8cb700d27293d&companyName=The+OLB+Group%2C+Inc.&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&dateFiled=2023-08-21Key Financial Highlights for Q2 2023 as Compared to Q2 2022Revenue was $8.34 million for the quarter, compa
NEW YORK, NY / ACCESSWIRE / May 16, 2023 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the First Quarter ending March 31, 2023. Investors can access the complete First Quarter 10-Q at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001314196/000121390023040006/f10q0323_olbgroup.htmKey Financial Highlights for Q1 2023 as Compared to Q1 2022Revenue was $6.6 million for the quarter, compared to $8.8 million in the prior year quarter.Net loss increased to $2.6 million compared to $1.6 million in prior year quarterAdjusted EBITDA decreased by $1.4 million to $752 thousand.Net los
NEW YORK, NY / ACCESSWIRE / May 12, 2023 / OLB Group, Inc. (NASDAQ:OLB) is a diversified payments and omnicommerce technology services provider looking to bring its "tried and true" financial offerings to underserved and financially underrepresented communities. OLB is an emerging player in the payments sector, and its business segments include eCommerce merchant services, along with a Bitcoin mining subsidiary which is expected to be spun off to OLB's shareholders in the near future. OLB Group is expanding its suite of payments activities to also include the service of the underbanked. As of 2021, 4.5% of all households in America- around 5.9 million households - were still completely unba