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OLB

“Can a small-cap ISO-turned-PayFac build a durable fintech ecosystem for SMBs by layering cloud commerce, payment facilitation, and treasury tooling on top of its existing merchant processing base while monetizing a Bitcoin mining business through a spin-off?”

Founded1993
HQ1120 Avenue of the Americas, 4th Floor, New York, NY 10036
IndustryFintech / SMB banking

The story

Originally incorporated in Delaware in 2004, OLB Group evolved from a broad eCommerce services provider into a diversified fintech and Bitcoin mining enterprise. Its core fintech arm, eVance, operates as a wholesale ISO providing merchant payment processing to over 10,300 SMBs across 130+ industries in all 50 US states. The company has expanded into cloud POS (OmniSoft), crowdfunding infrastructure (CrowdPay), and a PayFac service launched in 2025, while simultaneously operating a Bitcoin mining business (DMINT) it plans to spin off.

Last 12 months

2025-Q1

OLB Group launched a new Payment Facilitator (PayFac) service targeting small businesses with same-day onboarding, ACH, RTP, and 3D Secure fraud prevention, integrated with MOOLA Cloud brands including Black011.com and BlackWireless.

2026

OLB filed its annual 10-K reporting a net loss of $5.87 million and working capital deficit of $6.64 million for the year ended December 31, 2025; pursuing DMINT spin-off.

Product timeline

2004

The OLB Group, Inc. incorporated in the State of Delaware on November 18, 2004.· pivot

2022

eVance, Inc. (OLB subsidiary) entered an Independent Sales Organization Processing Agreement with Cuentas, Inc. to solicit and refer merchants for payment processing services.· banking

2025

OLB Group launched a PayFac (Payment Facilitator) service with same-day onboarding for small businesses, supporting ACH, Real Time Payment, and major card networks.· banking

2025

Annual report (10-K for year ended December 31, 2025) discloses two segments: Fintech Services (eVance payment processing, OmniSoft POS, CrowdPay crowdfunding) and Bitcoin Mining (DMINT).· pivot

2025

OLB is pursuing a spin-off of DMINT, its Bitcoin mining subsidiary operating a 20MW facility in Tennessee.· acquisition

The stack

2 layers disclosed in OLB’s embedded-finance stack

Payments / PSP

eVance (self-operated)OLB PayFac (self-operated)

Money movement

in the full report

Accounting gap: none

2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.