OLB Group acquires 80.01% of SDI platform for $850k; gains access to 31,600 retail locations

OLB GROUP, INC.

Paid $850,000 for 80.01% membership interest in Cuentas SDI, LLC from SDI Black 001, LLC.
SDI network includes approximately 31,600 bodega and convenience store locations in the USA.
Initial goal to onboard 1,000 prime locations near mass transit in NY, NJ, CT tri-state area.
Plans to rebrand as part of OLB Payment Platform and offer POS, reload, loans, and digital wallet services.
Jeff Jorgge hired as VP of Sales to lead distribution; 15 years industry experience.

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