The OLB Group, Inc. (NASDAQ: OLB) (the "Company"), a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announced today that it has entered into definitive agreements with certain institutional investors for the sale of an aggregate of 1,418,605 shares of common stock at a purchase price of $4.30 per share [...]
Yakov Will Be a Featured Panelist In a Session Exploring Integration Strategies in eCommerce and Payment Processing Environments The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that Ronny Yakov, the company’s chief executive officer, will be a featured panelist at the upcoming [...]
FinTech Company Sees 27.3% Quarter to Quarter Revenue Growth Transaction Volume for Quarter was $258 Million as Result of 4.9 Million Transactions The OLB Group, Inc. ("OLBG," “we,” “us,” “our,” or the "Company"), a FinTech company, has announced financial results for second quarter ended June 30, 2021. We are a FinTech company and a payment [...]
OLB Group (NASDAQ: OLB) ("OLB", the "Company"), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment solutions, will release financial results for the second quarter 2021 after market close on Thursday August 12, 2021. Management will host a conference call on Thursday, August 12, 2021 at 5:00 p.m. Eastern time [...]
Palm Beach, FL –August 5, 2021 – FinancialNewsMedia.com News Commentary – Cryptocurrency… Mining… Blockchain Technology… Even though these terms have been added to the global dictionary in the last several years not many really have a grasp on what they are, and how they do what they do… or how much energy they use! Cryptocurrency [...]
Subsidiary intends to bring approximately one thousand net-zero carbon miners online this year; Company plans to expand to 24,000 miners over the next 24 months The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced DMint, Inc., a wholly-owned subsidiary of OLB (“DMint”), is [...]
Palm Beach, FL – August 3, 2021 – FinancialNewsMedia.com News Commentary – The Software as a Service (SaaS) market consists of sales of cloud based software services. SaaS is a software solution which can be purchased on a subscription or pay per use basis to use an application for organizational purposes and customers can access [...]
New subsidiary will begin to mine Cryptocurrency in Q4 2021 The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced the formation of DMint, Inc, a wholly-owned subsidiary of OLB (“DMint”) that will commence mining cryptocurrency in 2021. The operations plan for DMint to [...]
Portfolio includes over 1,200 successful merchants, which will provide OLB with a solid foothold in a rapidly growing marketplace Following closing, OLB acquisition is expected to add $13M in annual revenue, increasing revenue 118% Following closing, acquisition is projected to add an additional $3.6M EBITDA The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based [...]
Palm Beach, FL – July 27, 2021 – The CBD market has achieved steady growth curve even during the pandemic. CBD or cannabidiol is a natural substance derived from cannabis, found in both marijuana and the non-psychoactive hemp plant. CBD is a non-psychoactive chemical compound and may alleviate things such as anxiety and pain, which [...]