OLB Group Acquires CBD Merchant Portfolio with Annual Transaction Volume Over $400 Million – Yahoo Finance
Portfolio includes over 1,500 merchants, which will provide OLB with a strong position in a rapidly growing marketplaceAcquisition includes new sales channel currently onboarding an average of 120 new accounts a monthBased on historical performance, deal expected to add approximately $20 million in annual payment processing revenue, increasing total revenue 200%, with an additional $5 [...]