OLB Group

What OLB Group does

OLB Group, Inc. (NASDAQ: OLB) is a publicly traded fintech and e-commerce merchant-services provider founded in 2004 and headquartered in New York. The company operates a cloud-based OmniCommerce platform delivered on a SaaS, pay-as-you-go model that targets small and underserved U.S. retailers — particularly bodegas, convenience stores, and independent SMBs — with same-day merchant approval and zero upfront capital investment. Core infrastructure comprises the SecurePay mobile payment gateway (serving 10,500+ merchants across all 50 states), OmniSoft cloud-based POS/business management, eVance Processing for digital commerce, and DoubleBeam for POS, all hosted on AWS. The platform is augmented by adjacent products including Cardaccept (subscription payments), Crypto Accept, Black 011 prepaid wireless, and CrowdPay/CrowdIgnition crowdfunding (the latter SEC-registered and FINRA-member since 2017).

Revenue is generated primarily through merchant discount rates, transaction fees, authorization fees, and SaaS subscriptions, with diversification into Bitcoin mining via the DMint subsidiary (1,000 ASIC miners powered by sustainable natural gas). The company completed its Nasdaq uplisting in August 2020 and has expanded through acquisitions including eVance Processing (2018), DoubleBeam (2020), and Crowd Ignition (2021, $5.3M). In January 2026 OLB launched iStores.com, an AI-powered storefront-creation platform enabling merchants to build online stores within minutes, followed in February 2026 by a global partnership with PayPal Holdings to integrate PayPal Checkout, Venmo, PayPal Pay Later, and PayPal Credit across SecurePay, extending merchant access to 200+ markets. The company employs approximately 78 people split between the U.S. (~28) and an India engineering/operations team (~50), and operates regional offices in Atlanta, Texas, and Pennsylvania.

Name

OLB Group

Legal name

The OLB Group, Inc.

Website

https://olb.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

OLB Group (NASDAQ: OLB) is a publicly traded fintech providing cloud-based payment processing (SecurePay), POS, and e-commerce SaaS to 10,500+ small and underserved U.S. merchants — notably bodegas — via a zero-upfront, subscription-and-transaction-fee model, with adjacent lines in Bitcoin mining, crowdfunding, and AI-powered storefront creation.

Ownership category

akta.pro rank

Product category

Payment Processing & Merchant Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Merchant Services Aggregators & SMB Acquirers (FSAMABAK)

akta.pro secondary industries

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Payment processing
• ECommerce platforms
• Merchant services
• Payment gateway
• Point of sale

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. eCommerce Merchant Services: Provides payment processing, transaction fees, and SaaS subscription services to over 10,500 merchants. Revenue generated through merchant discount rates, transaction fees, and authorization fees. eCommerce revenue run rate increased from $10 million to over $36 million annually.
2. Bitcoin Mining (DMint): Cryptocurrency mining operations using sustainable natural gas. Initial deployment of 1,000 ASIC-based S19j Pro 96T miners. Estimated additional run-rate of approximately $6,500,000 annually based on Bitcoin price as of March 2022.
3. Private-Label Shopping Solutions: Fully outsourced private-label shopping solutions to highly trafficked websites, providing end-to-end eCommerce including site creation, hosting, transaction processing, order fulfillment, customer service, and sales reporting.
4. Crowdfunding Platform Services: CrowdPay crowdfunding platform services for debt, equity, rewards and donations, providing issuers and broker-dealers with capital raising solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

OLB Group operates a cloud-based OmniCommerce SaaS platform providing integrated payment processing, eCommerce store creation, and merchant services. The company serves over 10,500 merchants across all 50 states through products including the SecurePay mobile payment gateway, OmniSoft business management platform, eVance Processing, DoubleBeam POS, and iStores.com AI-powered eCommerce platform. The platform operates on a SaaS pay-as-you-go model with zero upfront capital investment for merchants.

Product overview

OLB Group operates a diversified fintech eCommerce platform consisting of multiple integrated products. The core offering is the OmniCommerce Platform, a cloud-based SaaS solution providing end-to-end digital commerce services. Key products include SecurePay (mobile payment gateway), Omnisoft (cloud-based business management), eVance Processing (digital commerce), DoubleBeam (cloud POS), Cardaccept (subscription payments), CrowdPay and CrowdIgnition (crowdfunding platforms), Crypto Accept (cryptocurrency payments), and DMint (Bitcoin mining subsidiary). The 2026 iStores.com launch added an AI-powered eCommerce platform. All products serve over 10,500 merchants across all 50 states, with the SecurePay gateway serving as the primary transaction processing infrastructure. The platform operates on a SaaS model requiring zero capital investment from merchants.

Differentiator

Problem solved

Functional benefit

Brands

• Omnisoft: Cloud-based business management platform providing Omni Commerce Solutions for iPad, mobile, and web, allowing businesses to sell products in physical and retail settings.
• SecurePay
• DMint
• eVance Processing
• Cardaccept
• DoubleBeam
• CrowdPay
• CrowdIgnition
• Black011
• CryptoAccept
• iStores.com

Products and services

• OmniCommerce Platform A comprehensive cloud-based platform enabling merchants to sell products across physical, virtual, and retail locations via iPad, mobile, and web applications. Provides end-to-end eCommerce solutions including site creation, hosting, transaction processing, order fulfillment, customer service, and sales reporting.
• SecurePay A mobile payment gateway designed to secure the processing, transmitting, and storing of payment card-related data. Enables transaction processing across all 50 states for over 10,500 merchants.
• Omnisoft Cloud-based business management platform providing Omni Commerce Solutions. An application on iPad, mobile, and web that allows merchants to sell products in physical retail settings with quick browse, select, swipe, and receipt functionality.
• eVance Processing Digital commerce and payment processing solution. A complete OMNI solution to build and manage online stores with integrated payment, logistics, and customer acquisition solutions on a SaaS model.
• DoubleBeam Cloud-based point of sale system enabling businesses to get up and running quickly. Provides POS functionality for retail environments.
• Cardaccept Subscription-based pricing solutions for American businesses, offering innovative payment processing services to help businesses thrive.
• CrowdPay Platform to raise capital for issuers and broker-dealers. Provides turnkey software for crowdfunding including debt, equity, rewards, and donations. Features powerful customization options for launching equity crowdfunding portals.
• Crypto Accept Cryptocurrency payment acceptance solution enabling merchants to accept digital currency payments.
• DMint Wholly-owned Bitcoin crypto mining subsidiary. Engaged in mining of Bitcoin utilizing sustainable natural gas with ASIC-based S19j Pro 96T miners. Initial deployment of 1,000 miners.
• iStores.com AI Platform AI-powered e-commerce platform enabling merchants to create fully functional online stores within minutes. Offers instant storefront creation, same-day merchant approval, integrated global payment options, and cryptocurrency capabilities. Targets small businesses and underserved retail segments.

Quantifiable outcome

• eCommerce revenue run rate increased from $10 million to over $36 million annually with recent acquisitions
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• PayPal Holdings Inc.coreTechnology or Integration · 17 February 2026Global partnership agreement enabling OLB to integrate PayPal Checkout, Venmo, PayPal Pay Later and PayPal Credit across its SecurePay gateway and commerce platforms. The collaboration streamlines merchant activation of PayPal and Venmo, simplifies settlement and reporting, and unlocks new revenue opportunities through higher conversion rates and access to millions of active PayPal accounts worldwide. Rollout began in phases starting Q1 2026.
• Crowd IgnitioncoreOthersAcquired crowdfunding software provider Crowd Ignition for $5.3 million. Crowd Ignition is a funding portal registered with the SEC and member of FINRA, operating since January 2, 2017.
• eVance Processing Inc.coreTechnology or IntegrationeVance provides merchant processing services and technology infrastructure. The company was acquired in March 2018 and provides integrated payment processing capabilities.
• OmniSoftcoreTechnology or IntegrationCloud-based business management platform providing Omni Commerce Solutions. Application on iPad, mobile, and web allows merchants to sell products in physical and retail settings.
• Amazon Web ServicescoreTechnology or IntegrationAWS provides the cloud hosting infrastructure for OLB's eCommerce platform, ensuring high availability, reliability, and security for merchant operations.
• CardacceptminorChannel Partner/ Reseller/ DistributorCardaccept is a committed partner helping American businesses thrive, offering innovative subscription-based pricing solutions for credit card processing.
• Black 011minorChannel Partner/ Reseller/ DistributorBlack 011 prepaid mobile plans distributed through OLB's bodega network, enabling wireless service offerings at convenience store locations.
• CrowdpaycoreTechnology or IntegrationPlatform to raise capital for issuers and broker-dealers. Provides the most powerful, scalable turnkey software in crowdfunding for debt, equity, rewards and donations.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Stripe: Stripe is a leading payment processor and merchant infrastructure platform for SMBs and online businesses. OLB competes directly for the same merchant processing volume; iStores.com and SecurePay are positioning against Stripe Checkout and Stripe Terminal respectively.
• Toast: Toast is a vertically integrated POS + payments platform for restaurants and SMBs, combining SaaS subscription with payment processing fees. Comparable business model to OLB's omnichannel commerce stack with payment-facilitation economics, though focused on foodservice.
• Block (Square): Block's Square provides SMB payment processing, POS hardware, and a merchant acquiring platform serving the same small retailer segment OLB targets (bodegas, convenience stores). Comparable on core acquiring, SaaS POS, and merchant services, but at vastly greater scale and brand recognition.
• Shopify: Shopify is the leading eCommerce SaaS platform with integrated payments (ShopPay) and POS services. iStores.com competes most directly with Shopify's commerce platform for SMB/online merchant storefront creation and same-day onboarding.

Others

• Riot Platforms: Riot Platforms is a publicly-traded Bitcoin mining operator using ASIC miners, directly comparable to OLB's DMint subsidiary. While OLB's mining business is incidental to its core fintech, Riot provides a public-market comparable for valuing the DMint segment.

Emerging players

• Marqeta: Marqeta is a card-issuing and payment processing API platform serving fintechs and modern merchants. Comparable as fintech infrastructure in the payments stack, though Marqeta focuses on developer-first issuing rather than the omnichannel SMB retail focus that defines OLB.
• BigCommerce Holdings: BigCommerce is an eCommerce SaaS platform for SMBs and mid-market merchants with similar onboarding, payment integration, and channel features. Comparable overlap with OLB's iStores.com and OmniCommerce offering, though BigCommerce has stronger enterprise brand recognition.

Broad incumbents

• Fiserv (Clover): Fiserv operates Clover, a leading SMB POS and merchant acquiring network serving small businesses nationwide. Comparable to OLB's OmniSoft POS plus SecurePay gateway combination; Clover has substantially larger distribution and ISV ecosystem.
• PayPal Holdings: PayPal is both OLB's strategic partner and a direct competitor: it offers omnichannel checkout, Venmo, Pay Later, and merchant acquiring that compete with SecurePay. The 2026 partnership integrates PayPal rails into OLB's stack, but PayPal's own merchant services remain a competitive alternative for the same SMB base.
• Global Payments Inc. Global Payments is a major merchant acquirer and payment processor with deep SMB coverage in the US. Comparable business model to eVance Processing and SecurePay in payment acquiring, with substantially larger scale and broader product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OLB-Group-Inc-101546892246467

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries10 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OLB Group