The OLB Group, Inc. Provides Earnings Guidance for the Year 2022
August 15, 2022 at 09:00 am EDT
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The OLB Group, Inc. provided earnings guidance for the year 2022. For the year, the company expected to report annualized revenue run rate at $36 Million vs. 2021 revenue of $9.6 Million.
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.
THE OLB GROUP, INC. 
