OLB Group: High-Growth Omni-Commerce and Payment Solutions Provider
Oct. 22, 2020
The OLB Group (NASDAQ: OLB) is led by a team of seasoned industry executives with extensive experience in payments, ecommerce, and mobile commerce. The Company has developed and deploys a suite of integrated fintech and payment facilitation products and services that is a blend of Shopify (NASDAQ: SHOP) and Square (NYSE: SQ) with added features and benefits. These solutions are used by customers in more than 130 industries across all 50 states in the US. With an established operational foundation that generated $9.7 million in trailing 12-month revenue, the Company is actively executing on an inorganic and organic growth strategy focused on the multi-billion-dollar opportunity in the SMB market and is expected to generate double-digit growth moving forward. Trading at 3x sales, upside could be significant in an industry where peer comps trade as high as 39x sales. Aegis Capital gave OLB a buy rating and $7 price target in its latest report on the Company. Learn more at OLBGinfo.com.
