About OLB Group
OLB Group is a company based in New York (United States) founded in 1993.. The company has 15 employees as of December 31, 2024. OLB Group has completed 3 acquisitions, including Crowd Ignition, Cuentas SDI and DoubleBeam. OLB Group offers products and services including Omnisoft, SecurePay, Cardaccept, and DoubleBeam. OLB Group operates in a competitive market with competitors including NewStore, Anchanto, OMNI Retail Group, Fluent Commerce and OneStock, among others.
- Headquarter New York, United States
- Employees 15 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Olb Group, Inc.
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Annual Revenue
$12.84 M-58as on Dec 31, 2024
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Net Profit
$-11.22 M51.58as on Dec 31, 2024
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EBITDA
$-5.56 M-44.63as on Dec 31, 2024
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Latest Funding Round
$25 M (USD), Post-IPO
Nov 08, 2021
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Investors
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Employee Count
15
as on Dec 31, 2024
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Investments & Acquisitions
Crowd Ignition
& 2 more
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IPO & Listings of OLB Group
OLB Group is a publicly listed company on the NASDAQ with ticker symbol OLB in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of OLB Group
OLB Group offers a comprehensive portfolio of products and services, including Omnisoft, SecurePay, Cardaccept, and DoubleBeam. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based platform for Omni Commerce and business operations.
Secure mobile system for processing and storing payment data.
Platform for innovative pricing and payment solutions.
Cloud-based system for retail business management.
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Funding Insights of OLB Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $25.0M
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First Round
First Round
(08 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Post-IPO - OLB Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by OLB Group
OLB Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Crowd Ignition, Cuentas SDI and DoubleBeam. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online crowdfunding platform for businesses
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2016 | ||||
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Cloud-based mobile payment solutions are provided for merchants.
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2011 | ||||
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Wallet-enabled payment solutions are provided for consumers and businesses.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OLB Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olb Group Comparisons
Competitors of OLB Group
OLB Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NewStore, Anchanto, OMNI Retail Group, Fluent Commerce and OneStock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Omnichannel platform is provided for retail fulfillment and customer engagement.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for retail product discovery across channels.
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| domain | founded_year | HQ Location |
Cloud-based back-end solutions for omnichannel retail management are provided.
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| domain | founded_year | HQ Location |
Cloud-based tools for omnichannel retail management are offered.
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| domain | founded_year | HQ Location |
E-commerce SaaS platform is provided to merchants for various tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Olb Group
Frequently Asked Questions about OLB Group
When was OLB Group founded?
OLB Group was founded in 1993 and raised its 1st funding round 28 years after it was founded.
Where is OLB Group located?
OLB Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of OLB Group?
Ronny Yakov is the current CEO of OLB Group.
How many employees does OLB Group have?
As of Dec 31, 2024, the latest employee count at OLB Group is 15.
What is the annual revenue of OLB Group?
Annual revenue of OLB Group is $12.84M as on Dec 31, 2024.
What does OLB Group do?
Founded in 1993 and based in New York, United States, OLB Group operates in the software sector focused on omni-commerce. A cloud-based business management platform is offered to merchants for building and managing retail operations. Payment processing and virtual terminal services are included, along with proprietary tools. An omnichannel platform is also maintained, allowing consumers to access products and services from client websites in various sectors.
Who are the top competitors of OLB Group?
OLB Group's top competitors include NewStore, Anchanto and Fluent Commerce.
What products or services does OLB Group offer?
OLB Group offers Omnisoft, SecurePay, Cardaccept, and DoubleBeam.
Is OLB Group publicly traded?
Yes, OLB Group is publicly traded on NASDAQ under the ticker symbol OLB.
How many acquisitions has OLB Group made?
OLB Group has made 3 acquisitions, including Crowd Ignition, Cuentas SDI, and DoubleBeam.
What is OLB Group's ticker symbol?
The ticker symbol of OLB Group is OLB on NASDAQ.