The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider. Its eCommerce platform delivers cloud-based merchant services for a digital commerce solution to thousands of merchants in all 50 states. It seeks to provide merchants with a range of products and services through its various online platforms, including financial and transaction processing services. Its business functions through three subsidiaries: eVance, Inc. (eVance), OmniSoft.io, Inc. (OmniSoft), and CrowdPay.Us, Inc. (CrowdPay). OmniSoft operates a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses. eVance provides competitive payment processing solutions to merchants, which enable merchants to process credit and debit card-based Internet payments for sales of their products. CrowdPay operates a white label capital raising platform that targets small and midsized businesses seeking to raise capital.
Growing
The company is in a growing phase, with the latest annual income totaling USD 12.84M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 38.60.
Overvalued
The company’s latest PE is -0.20, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 1.72M shares, increasing 33.33% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 25.26K shares of this stock.