February 26, 2019

Ronny Yakov
Chief Executive Officer
The OLB Group, Inc.
200 Park Avenue
Suite 1700
New York, NY 10166

       Re: The OLB Group, Inc.
           Amendment No. 1 to Draft Registration Statement on Form S-1
           Submitted February 14, 2019
           CIK No. 0001314196

Dear Mr. Yakov:

      We have reviewed your amended draft registration statement and have the
following
comments. In some of our comments, we may ask you to provide us with
information so we
may better understand your disclosure.

       Please respond to this letter by providing the requested information and
either submitting
an amended draft registration statement or publicly filing your registration
statement on
EDGAR. If you do not believe our comments apply to your facts and circumstances
or do not
believe an amendment is appropriate, please tell us why in your response.

       After reviewing the information you provide in response to these
comments and your
amended draft registration statement or filed registration statement, we may
have additional
comments. Unless we note otherwise, our references to prior comments are to
comments in our
February 4, 2019 letter.

Amendment No. 1 to Draft Registration Statement on Form S-1

Capitalization, page 39

1.     Please include an adjustment for the proceeds of the offering that will
be used to repay a
       portion of your outstanding debt. Additionally, please tell us why you
include both pro
       forma and pro forma as adjusted columns and if necessary, revise the
bullet points
       preceding the table to explain what each column represents.
 Ronny Yakov
FirstNameGroup, Inc.
The OLB LastNameRonny Yakov
Comapany NameThe OLB Group, Inc.
February 26, 2019
February 26, 2019 Page 2
Page 2
FirstName LastName
Business
Our Industry, page 46

2.       You advise that you have revised the prospectus in response to prior
comment 10. We
         note, however, that no revisions have been made. Please provide the
date of publication
         of the Nilson Report.
Description of Our CrowdPay Business, page 51

3.       In response to prior comment 11, you include a discussion of certain
requirements that
         apply to issuers under Regulation D, Regulation Crowdfunding, and
Regulation A+.
         Please also address the different requirements that apply to you as a
registered funding
         portal in offerings conducted under Regulation Crowdfunding and as an
unregistered
         intermediary in offerings conducted under Regulation D and Regulation
A+. With regard
         to each type of offering, specifically describe the scope of the
services that you may
         provide and the fees that you may collect without being deemed a
broker-dealer. Refer to
         Item 101(h)(4)(ix) of Regulation S-K.
Certain Relationships and Related Party Transactions, page 64

4.       We note your revised related party transaction disclosure in response
to prior comment 12
         does not include the $163,000 that you borrowed from Mr. Herzog
pursuant to the terms
         of a promissory note dated July 12, 2016. Please revise or advise.
Also, please disclose
         the material terms of the transaction(s) underlying the accrued
expenses due to related
         parties totaling $81,694 or tell us why they are not required to be
disclosed. See Item
         404(d) of Regulation S-K.
Interim Consolidated Financial Statements
Note 2. Summary of Significant Accounting Policies
Principles of Consolidation, page F-17

5.       Please tell us the amount of revenue attributable to Omnisoft and
CrowdPay for each
         period in which they were presented and where they are reflected in
the financial
         statements provided.
Revenue and cost recognition, page F-19

6.       We noted your response to prior comment 16. If you are reporting your
financial
         statements in conformity with U.S. GAAP, you are required to comply
with either ASC
         605 or ASC 606, regardless of your Emerging Growth Company status.
Please tell us
         which accounting standard you are using to recognize revenue. To the
extent you have not
         yet adopted ASC 606, revise to include a discussion of the impact that
this standard will
         have on your financial statements when adopted and clearly disclose
when you intend to
         adopt such standard. Refer to SAB Topic 11.M.
 Ronny Yakov
The OLB Group, Inc.
February 26, 2019
Page 3
Unaudited Pro Forma Condensed Combined Financial Information, page F-47

7.    We noted your response to comment 17. Please explain further why you
believe pro
      forma adjustments for amortization expense related to the stepped up
basis in acquired
      intangible assets and interest expense related to the change in
outstanding debt are not
      necessary
        You may contact Eiko Yaoita Pyles, Staff Accountant, at (202) 551-3587
or Kathleen
Collins, Accounting Branch Chief, at (202) 551-3499 if you have questions
regarding comments
on the financial statements and related matters. Please contact Bernard Nolan,
Attorney-Adviser,
at (202) 551-6515 or, in his absence, Jan Woo, Legal Branch Chief, at (202)
551-3453 with any
other questions.



                                                            Sincerely,

FirstName LastNameRonny Yakov                               Division of
Corporation Finance
                                                            Office of
Information Technologies
Comapany NameThe OLB Group, Inc.
                                                            and Services
February 26, 2019 Page 3
cc:       Barry I. Grossman
FirstName LastName