OLB GROUP

THE OLB

GROUP, Inc


Oct 20 2020

Recent Price: $3.783

Market Data

Nasdaq Symbol: OLB
Fiscal YearDecember 31
IndustryFinTech
Market cap23.121M
Shares outstanding 6.160M

Financial Data (Current)

Revenue (ttm)9.73M
Total debt (mrq) $8.1M
Gross profit (ttm)2.08M

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The OLB Group is a FinTech company offering a suite of product solutions in the merchant services and payment facilitator verticals, including a cloud-based omni-channel commerce platform for SMBs, electronic payment processing, and crowd funding services for issuers and broker/dealers.

The OLB Group is led by a team of seasoned industry executives with extensive experience in payments, ecommerce, and mobile commerce. The Company has developed and deploys a suite of integrated fintech and payment facilitation products and services that is a blend of Shopify (NASDAQ: SHOP) and Square (NYSE: SQ) with added features and benefits. These solutions are used by customers in more than 130 industries across all 50 states in the US. With an established operational foundation that generated $9.7 million in trailing 12-month revenue, the Company is actively executing on an inorganic and organic growth strategy focused on the multi-billion- dollar opportunity in the SMB market and is expected to generate double-digit growth moving forward.

Established operational footprint in U.S. with $9.7M trailing 12-9-2019
  • Integrated products and services suite, a blend of Shopify (NASDAQ: SHOP) and Square (NYSE: SQ), with added features and benefits
  • Solutions used in 130+ industries across all 50 states
  • 23.5M transactions processed in 2019 with a value of nearly $1B
  • 8,500+ merchants use OLB Group’s services nationwide
Executing inorganic and organic growth strategy
  • Building a portfolio of merchants targeting SMBs; focusing on area of market not on the radar screen of large payment processors
  • Post-acquisition integration of cloud-based applications and services to increase revenue and profitability of each merchant
  • Organic growth strategy includes in-house sales and marketing in combination with referrals from small-bank partnerships
Network of integrated blue-chip partnerships

Secured industry-leading relationships with blue-chip partners in all facets of operations; current partnerships include: Visa/Mastercard, American Express, PayPal, Wells Fargo, Chase Paymentech, Elavon, US Bank, Fiserv First Data, Jack Henry & Associates, Vantiv Worldpay, iOS, Android, Microsoft, ControlScan, and more

Experienced management in payments, eCommerce and mobile commerce
RonnyYakov

Mr. Ronny Yakov
Chief Executive Officer

25+ years of ecommerce software and development experience; established ecommerce platform for AT&T employees wholesale shopping covering 180,000 employees; developed ecommerce solutions for Fortune 500 and 1000 companies


RachelBoulds

Rachel Boulds
Chief Financial Officer

20+ years accounting experience working with public companies, including GAAP and SEC requirements; senior auditor f or HJ & Associates; previously an ecommerce accountant for Walt Disney’s GO.com; and associate for PWC; licensed CPA


PatrickSmith

Patrick Smith
Corporate Finance

20+ years of finance, accounting, operational, and business development experience in the merchant services industry; experience working with large sales organizations in payments industry, including Cynergy Data; raised over $300M capital funding as part of finance team at Pay by Touch; former VP/Controller at Concord EFS, acquired by First Data in 2004

Investors Presentation

Latest News
Business Wire

OLB Group Integrates 3-D Secure to its Solutions Portfolio

The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-size merchants, announce...

Newsfile

OLB Group Emerges as a Profitable Fintech Player -- Small Caps Daily

Small Caps Daily Feature Focuses on OLB's Fintech eco-system and Acquisition Strategies New York, New York--(Newsfile Corp. - October 14, 2020) - The ...

GlobeNewswire

OLB Group Inc. to Hold Investor Webinar and Q&A Session with CEO on October 13

NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- OLB Group Inc. (Nasdaq:OLB), a FinTech company, today announced Ronny Yakov, Chief Executive Officer, and...

GlobeNewswire

OLB Group CEO Interview to Air on Bloomberg International on the RedChip Money Report

NEW YORK, Oct. 08, 2020 (GLOBE NEWSWIRE) -- The OLB Group, Inc. (NASDAQ: OLB) ("OLB" or the "Company"), a FinTech company, today announced that an i...

GlobeNewswire

National Sports Services Selects OLB Group, Inc. to Provide Cloud-based Cashless and Contactless Omnicommerce Solutions for Four Minor League Baseball Teams

Comprehensive suite integrated services will improve customer experiences and simplify operationsNEW YORK, Sept. 24, 2020 (GLOBE NEWSWIRE) -- The OLB ...

GlobeNewswire

OLB Group Announces Second Quarter Results and Provides Company Update

Payment Facilitator Raises $6.45 Million and Lists on NASDAQ Capital MarketsNEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) -- The OLB Group, Inc. (NASDAQ:...

ACCESSWIRE

Aegis Capital Corp. acted as Sole Bookrunner on a $6.45 Million Uplisting for OLB Group (NASDAQ: OLB)

NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Aegis Capital Corp....

Simply Wall St.

Estimating The Fair Value Of The OLB Group, Inc. (NASDAQ:OLB)

Does the August share price for The OLB Group, Inc. (NASDAQ:OLB) reflect what it's really worth? Today, we will......

Simply Wall St.

Estimating The Intrinsic Value Of The OLB Group, Inc. (NASDAQ:OLB)

How far off is The OLB Group, Inc. (NASDAQ:OLB) from its intrinsic value? Using the most recent financial data, we'll......

GlobeNewswire

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

NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) -- The OLB Group, Inc. (“OLB,” or the “Company”), fintech and payment facilitator, today announced th...

Disclosure: All statements from The OLB Group, Inc (The "Company"). in These slides and any accompanying oral presentation that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements concerning the impact of COVID-19 on our operations and financial condition our ability to implement our proprietary merchant boarding and CRM system and to roll out our Omni Commerce applications to our current merchants and the integration of our secure payment gateway with our crowdfunding platform. While the Company’s management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, uncertainty regarding our ability to integrate the companies that we have recently acquired and to repay outstanding indebtedness and fund our operations. For other factors that may cause our actual results to differ from those that are expected, see the information under the caption “Risk Factors” in the Company’s most recent Form 10-K and Form 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.

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