OLB GROUP, INC. (OLB)

The OLB Group, Inc. is a FinTech company focused on merchant services in the United States. It seeks to provide merchants with integrated business solutions, including financial and transaction processing services delivered through online platforms, supplemented by integrated hardware. It also offers products that support crowdfunding and other capital raising, and it operates a Bitcoin mining business. The company's stated strategy relies on synergies among its subsidiaries, which it describes as an ecosystem in which merchant information is stored centrally and used across all of them.

The business operates mainly through three wholly owned subsidiaries. eVance is an independent sales organization (ISO) that signs up merchants on behalf of acquiring banks and processors. It acts as a wholesale ISO, underwriting merchants directly, or as a retail ISO, gathering underwriting documents for partners, and it earns residual payments either way. eVance owns the SecurePay payment gateway and virtual terminal, which is PCI compliant and certified by Visa and MasterCard. It also has a proprietary omni-commerce platform, in-house underwriting and customer service, and a sub-ISO management system. OmniSoft runs a cloud-based business management platform for online and brick-and-mortar retailers, covering inventory tracking, sales tracking, payment acceptance, receipts and shipping coordination. CrowdPay operates a white-label capital raising platform for Regulation CF, Regulation D 506(b) and 506(c), and Regulation A+ offerings. It earns platform fees and fees for ancillary services such as background checks, anti-money laundering and know-your-customer compliance. The company also offers Crowd Ignition, a web-based crowdfunding software system. The company owns 100% of Moola Cloud, LLC, after buying 80.01% in June 2023 and the remaining 19.99% in May 2024. Moola Cloud has a debit and calling card platform aimed at underbanked communities and a merchant network of about 31,600 U.S. locations. OLBit, Inc. was formed to hold the money transmission business, but its license applications are delayed. DMINT, Inc. mines Bitcoin and had 1,000 computers at December 31, 2025, with 400 online. The company is working on a spin-off of DMINT into a standalone entity, subject to SEC effectiveness of its Form S-1 and Nasdaq listing approval.

Its customers are merchants throughout the United States, both online and in physical stores, along with other ISOs and agents that use its processing and software. They also include small and midsized businesses and registered broker-dealers raising capital, as well as merchant banks and law firms using the crowdfunding software. The company cites low pricing, no setup fee, customizable solutions and a price comparison feature as competitive advantages. It also notes that it can help early-stage companies raise capital at lower cost.

For operations, eVance relies on relationships with acquiring banks and processors, including three of the top five U.S. merchant processors. The company is substantially dependent on eVance for revenue. Its products combine proprietary software and hardware with third-party licensed technology, and it sells hardware directly to merchants. DMINT's Bitcoin mining data center is in Selmer, Tennessee, on 4.73 acres purchased in 2022, with capacity for up to 5,000 machines. Mining was moved there from Bradford, Pennsylvania, because of lower operating costs. The company is subject to regulation including the Dodd-Frank Act, card network rules, privacy and data security laws, anti-money laundering and sanctions rules, and securities rules for crowdfunding offerings.