OLB Group Inc (NASDAQ: OLB) is a payments technology and financial services company that provides merchant acquiring, payment processing, and e-commerce software to small and medium-sized businesses. Revenue comes from transaction-based fees through its eVance merchant acquiring business, software subscription fees through its OmniSoft platform, and additional services through its Moola Cloud and CrowdPay subsidiaries. The eVance business has historically generated substantially all of company revenue, with OmniSoft subscription revenue beginning in the second half of 2019 and a Bitcoin mining operation launched in 2021. OmniSoft subscriptions are sold primarily on monthly terms to SMB merchants, with a small portion on annual or multi-year plans. The company is registered with Visa and Mastercard as a merchant acquirer and certified service provider. OLB acquired 100% of Moola Cloud, LLC (formerly Cuentas SDI, LLC) as of May 20, 2024, for a final purchase price installment of $215,500 for the remaining 19.99% interest.

Revenue model

Transaction fees from merchant acquiring and payment processing (eVance), monthly and annual software subscriptions from SMB merchants (OmniSoft), services revenue from Moola Cloud, and historically Bitcoin mining revenue. Card issuers also pay merchant acquirers fees based on debit card usage in certain markets.

Products and services

eVance merchant acquiring and payment processing platform; OmniSoft e-commerce and business management software sold via subscription to SMBs; Moola Cloud (acquired 100% as of May 20, 2024); CrowdPay investor platform using Microsoft Azure with escrow accounts held at MVB Bank, Inc.; Bitcoin mining operations launched in 2021.

Customers and end markets

Small and medium-sized businesses (SMBs) as primary merchant customers for payment processing and e-commerce software. CrowdPay serves investors and issuer companies on its crowdfunding platform. SMB customer base is noted as susceptible to economic conditions given their early-stage or entrepreneurial nature.

Value-chain role

Merchant acquirer and payment processor registered with Visa and Mastercard as a member or certified service provider. Sits between card networks and SMB merchants, processing transactions and providing software tools for commerce. Relies on Microsoft Azure for technology infrastructure and MVB Bank, Inc. as escrow agent for CrowdPay.

Geographic exposure

Primarily United States based on filing context. Services are accessible worldwide, with the company noting exposure to foreign jurisdiction data protection laws, but no specific international revenue breakdown is disclosed in the excerpts.

Source: SEC 10-K, filed 2026-04-01

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