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OLB Group Announces Second Quarter Results and Provides Company Update

2020-08-28T12:26:50-04:00August 18th, 2020|

Payment Facilitator Raises $6.45 Million and Lists on NASDAQ Capital Markets The OLB Group, Inc. (NASDAQ: OLB) ("OLB” or the "Company"), a FinTech company, has announced financial results for the second quarter ended June 30, 2020 and is providing an update on other company developments. OLB is a FinTech company and a payment facilitator that, [...]

OLB Group Closes $6.45 Million Public Offering Including Full Exercise of Warrant Overallotment Option

2020-08-28T12:33:21-04:00August 11th, 2020|

The OLB Group, Inc. (“OLB,” or the “Company”), fintech and payment facilitator, today announced the closing of its previously announced underwritten public offering of 700,000 units consisting of one share of common stock, two Series A warrants, and one half of one Series B warrant. Aegis Capital has fully exercised its option to purchase 210,000 Series [...]

OLB Group Announces Pricing of $6.3 Million Public Offering and Uplisting to the Nasdaq Capital Market

2020-08-28T12:46:52-04:00August 6th, 2020|

he OLB Group, Inc. (“OLB,” or the “Company”), a fintech company and payment facilitator, today announced the pricing of an underwritten public offering of 700,000 units, with gross proceeds to the Company expected to be approximately $6.3 million. Each unit consists of one share of common stock, two Series A warrants, and one half of one [...]

OLB Group acquires DoubleBeam

2020-08-28T12:47:06-04:00May 28th, 2020|

The OLB Group, Inc. (“OLB,” “we,” “us,” “our,” or the “Company”), a FinTech company, has announced the acquisition of DoubleBeam in an asset purchase transaction from POSaBIT, Inc. The OLB Group is a FinTech company and a payment facilitator that, through its subsidiaries, focuses on a suite of products in the merchant services and payment facilitator verticals. These [...]

OLB Group, Announces 2019 Year-End Results and Provides Company Update

2020-08-28T12:48:05-04:00April 29th, 2020|

NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) -- The OLB Group, Inc. ("OLBG," “we,” “us,” “our,” or the "Company"), a FinTech company, has announced financial results for the fiscal year ended December 31, 2019. We are a FinTech company and a payment facilitator that, through our subsidiaries, focuses on a suite of products in the merchant services and [...]

The OLB Group Uses its Fintech Solution to Sell N95 Masks

2020-08-28T12:48:19-04:00April 1st, 2020|

The OLB Group, Inc. ("OLBG," “we,” “us,” “our,” or the "Company"), a FinTech company, launched an online store to offer medical safety masks, including N95 masks, at reduced costs to help its customers, their employees, and family members stay healthy during the COVID-19 pandemic. Visit https://covid-19.olb.com/ to order while supplies last. Limited supplies are available. [...]

The OLB Group Updates Shareholders on Risk Management Initiatives and Contactless Payments Capabilities

2020-08-28T12:48:34-04:00March 20th, 2020|

The OLB Group, Inc. ("OLBG," “we,” “us,” “our,” or the "Company"), a FinTech company, issues a letter to shareholders from the Company’s chief executive officer, Ronny Yakov: Dear Fellow Shareholders, Over the last several weeks, we have taken initiatives to minimize the risks to our business and protect our shareholders as the COVID-19 epidemic expands across the globe. [...]

OLB Group, Announces First Quarter Results and Provides Company Update

2020-08-28T12:53:36-04:00May 16th, 2019|

We are 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. These services include electronic payment processing, cloud-based multi-channel commerce platform solutions for small to medium-sized businesses and crowdfunding services. The Company is focused on providing these integrated business [...]

OLB Group, Inc. Reports year end 2018 Financial Results

2020-08-28T12:53:27-04:00April 23rd, 2019|

New York, NY, April 23, 2019 (GLOBE NEWSWIRE) — OLB Group, Inc. (“OLBG” or the “Company”), a FinTech company, has announced financial results for the year ended December 31, 2018. We are a FinTech company and a payment facilitator that, through our subsidiaries, focuses on a suite of products in the merchant services and payment [...]

OLB Group, Reports Strong Second Quarter 2018 Financial Results

2020-08-28T12:55:49-04:00October 11th, 2018|

Second Quarter 2018 - Large increase in revenue due to the asset acquisition of three complimentary businesses. New York, Aug. 23, 2018 (GLOBE NEWSWIRE) --  OLB Group, Inc. ("OLBG" or the "Company"), a fintech company, has significant increase in revenues for the three months ended June 30, 2018. Second Quarter 2018 Financial Highlights Revenue: Transaction and processing fees $3,169,647 Merchant [...]

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