Olb Group Inc. (OLB)
NASDAQ (CM) NASDAQ (CM) Primary Summary
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.
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.
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 Click Here Key Financial Highlights for Q3 2024 Year to date revenue of $10,101,258.
Olb Group Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CMP Craig M. Pesce Marshall & Sterling Wealth Advisors Inc. | 900 | $1,701.1 | $369 | -$1,332.1 | -78.31% |
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Olb Group Inc. Profile
| Software Industry | Information Technology Sector | Ronny Yakov CEO | NASDAQ (CM) Exchange | 67086U307 CUSIP |
| US Country | 15 Employees | - Last Dividend | 12 Nov 2019 Last Split | 13 Jul 2007 IPO Date |
Overview
The OLB Group, Inc. is a company that specializes in providing a wide range of financial and transaction processing services specifically catered to the needs of small and mid-sized merchants across the United States. With its operations divided into two main segments—Fintech Services and Bitcoin Mining Business—the company has carved a niche for itself by offering innovative solutions that aid in the digital transformation of traditional retail businesses. Founded in 1993 and based in New York, New York, The OLB Group has evolved to include a variety of services that support the operational and financial aspects of merchant businesses, delving into areas such as crowdfunding, payment processing solutions, and even cryptocurrency mining and consulting services.
Products and Services
- Crowdfunding Platform (CrowdPay): A versatile platform designed to assist businesses in raising capital through various types of securities. It supports Regulation D, Regulation Crowdfunding, Regulation A, and the Securities Act of 1933, facilitating an efficient capital raise process for a wide range of business needs.
- Business Management Platform: This cloud-based solution offers merchants a comprehensive set of tools to build and manage their retail operations efficiently. It simplifies the management of day-to-day activities, providing a solid foundation for business growth and scalability.
- eVance Payment Processing: OLB Group’s eVance platform addresses the critical need for reliable and secure payment processing. It allows merchants to accept credit and debit card payments over the internet, enhancing their ability to conduct e-commerce and improve sales outcomes.
- SecurePay Payment Gateway: A pivotal component in the company's arsenal, SecurePay serves as both a payment gateway and a virtual terminal, equipped with proprietary business management tools. This enables a secure transaction environment for merchants and customers alike, streamlining operations and facilitating smoother business transactions.
- Bitcoin Mining Business: Venturing into the cryptocurrency domain, The OLB Group has established a presence within the Bitcoin mining industry. This segment not only demonstrates the company's adaptability to market trends but also diversifies its revenue streams through participation in cryptocurrency mining operations.
- Cryptocurrency-Related Services: Building on its entry into the Bitcoin mining sector, The OLB Group offers a range of services related to cryptocurrency. This includes consulting services aimed at helping merchants and other clients navigate the complexities of cryptocurrency transactions and integration.
- eCommerce Development and Consulting Services: Recognizing the importance of online presence for merchants, The OLB Group extends its expertise to include eCommerce development and consulting. This service is focused on enabling merchants to maximize their online potential, ensuring they can leverage the web for sales, marketing, and customer engagement.
