OLB
About: The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It focuses on a suite of products in the merchant services marketplace and seeks to provide integrated business solutions to merchants throughout the United States. Along with its subsidiaries, the company offers a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses, whether online or at a brick-and-mortar location, payment processing solutions, payment gateway, virtual terminal with proprietary business management tools, and crowdfunding solutions. The Company has two business segments; Fintech Services which generates key revenue, and the Bitcoin Mining business segment.
Employees: 26
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 8 [Q2] → 8 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.09% less ownership
Funds ownership: 3.42% [Q2] → 3.33% (-0.09%) [Q3]
16% less capital invested
Capital invested by funds: $185K [Q2] → $155K (-$29.2K) [Q3]
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Research analyst outlook
We haven’t received any recent analyst ratings for OLB.
Financial journalist opinion
Neutral
Accesswire
1 month ago
OLB Group Announces New Product, MOOLA Pay, a Mastercard Pre-Paid Card Providing Banking Services to the Unbanked and Underbanked Community
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.
Neutral
Accesswire
1 month ago
OLB Group Rebrands Subsidiary Serving the Unbanked and Underbanked as "MOOLA CLOUD"
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.
Neutral
Accesswire
1 month ago
OLB Group Announces Financial Results for Third Quarter, 2024
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.htm Key Financial Highlights for Q3 2024 Year to date revenue of $10,101,258.
Neutral
Accesswire
2 months ago
OLB Group Announces Public S-1 Filing for Proposed Spin-off of DMint, a Wholly Owned Bitcoin Mining Subsidiary
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.
Neutral
Accesswire
3 months ago
OLB Group to Present at the 26th Annual H.C. Wainwright Global Investment Conference September 9-11, 2024
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.
Neutral
Accesswire
4 months ago
OLB Group Announces Financial Results for Second Quarter, 2024
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 at Key Financial Results for Q2 2024 as Compared to Q2 2023 Revenue was $3.5 million for the quarter, compared to $8.3 million in the prior year's quarter.
Neutral
Accesswire
5 months ago
OLB Group to Present at 2024 Maxim Fintech Virtual Symposium on June 25
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.
Neutral
Accesswire
6 months ago
OLB Group Chairman and CEO Issues Open Letter to Shareholders
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.
Neutral
Accesswire
7 months ago
The OLB Group, Inc. Announces One-for-Ten Reverse Stock Split
Split to be effective May 6, 2024 NEW YORK, NY / ACCESSWIRE / May 2, 2024 / The OLB Group, Inc. (NASDAQ:OLB) ("OLB" or the "Company"), a FinTech company and a payment facilitator that, through our subsidiaries, focuses on a suite of products in the merchant services and payment facilitator verticals, today announced that that on April 26, 2024, its shareholders approved a reverse split of its common stock on a one-for-ten basis (the "Reverse Stock Split"). The Company's common stock will begin trading on a post-split basis on May 6, 2024.
Neutral
Accesswire
7 months ago
OLB Group Provides Shareholder Update Prior to Upcoming Special Shareholder Meeting April 26, 2024, at 10:00 AM Eastern
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").
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