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)
4 - OLB GROUP, INC. (0001314196) (Issuer)
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NEW YORK, NY / ACCESSWIRE / November 15, 2024 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the three and nine months ending September 30, 2024. Investors can access the complete Third Quarter Report on Form 10-Q at https://app.ir365connect.com/htmlcontent/cik/1314196/id/79bce168-3391-4a6c-a5d5-cafa777ba986/file/ea0211052-10q_olbgroup.htmKey Financial Highlights for Q3 2024Year to date revenue of $10,101,258.Revenue of $3,083,922 million for the quarter.Net loss of $1,630,258.Net loss per basic and diluted common share is $0.92.The decrease in revenue during the period was a
Shareholders of Record Date for DMint Stock Dividend to Be Announced at Later Date NEW YORK, NY / ACCESSWIRE / October 21, 2024 / OLB Group, Inc. (NASDAQ:OLB), a diversified FinTech e-commerce and business management solutions provider, announced today it has filed a Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed spinoff of its wholly owned subsidiary, DMint, a Bitcoin mining facility, to OLB shareholders. Shareholders of record on the to-be-announced date will receive shares in the newly independent DMint. The shareholder record date for the spinoff has yet to be determined and will be announced at a future date.DMint operates as a dedicated Bitco
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
MOOLA Pay Card to Launch in First Quarter, 2025, Developed to Meet the Unique Needs of the Underbanked and Unbanked NEW YORK, NY / ACCESSWIRE / November 21, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today the introduction of MOOLA Pay through MOOLA Cloud moolacloud.com, an innovative and proprietary solution for the unbanked and under banked consumer sector serviced by bodegas and convenience stores in the region. With a scheduled market launch in the First Quarter of 2025, OLB Group will dramatically expand its merchant services offerings.Ronny Yakov, CEO of OLB Group, said, "After an extensi
Bodega and Convenience Store Distribution Channel Offers Rapid Rollout Potential NEW YORK, NY / ACCESSWIRE / November 19, 2024 / The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today the rebranding of its wholly owned subsidiary for the distribution of mobile services to MOOLA CLOUD, moolacloud.com with additional services and products. MOOLA CLOUD is a unique and proprietary solution for the unbanked and underbanked consumer sector serviced by bodegas and convenience stores nationally. Ronny Yakov, CEO of OLB Group, said, "We are extremely excited to launch the new services and transform the company, n
NEW YORK, NY / ACCESSWIRE / November 15, 2024 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise, announced today its financial results for the three and nine months ending September 30, 2024. Investors can access the complete Third Quarter Report on Form 10-Q at https://app.ir365connect.com/htmlcontent/cik/1314196/id/79bce168-3391-4a6c-a5d5-cafa777ba986/file/ea0211052-10q_olbgroup.htmKey Financial Highlights for Q3 2024Year to date revenue of $10,101,258.Revenue of $3,083,922 million for the quarter.Net loss of $1,630,258.Net loss per basic and diluted common share is $0.92.The decrease in revenue during the period was a
Shareholders of Record Date for DMint Stock Dividend to Be Announced at Later Date NEW YORK, NY / ACCESSWIRE / October 21, 2024 / OLB Group, Inc. (NASDAQ:OLB), a diversified FinTech e-commerce and business management solutions provider, announced today it has filed a Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed spinoff of its wholly owned subsidiary, DMint, a Bitcoin mining facility, to OLB shareholders. Shareholders of record on the to-be-announced date will receive shares in the newly independent DMint. The shareholder record date for the spinoff has yet to be determined and will be announced at a future date.DMint operates as a dedicated Bitco
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]
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4 - OLB GROUP, INC. (0001314196) (Issuer)
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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)
- 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