January 2, 2020

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. 2 to Registration Statement on Form S-1
           Filed December 19, 2019
           File No. 333-232368

Dear Mr. Yakov:

      We have reviewed your amended 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 amending your registration statement
and providing the
requested information. 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 any amendment to your registration statement and the
information you
provide in response to these comments, we may have additional comments. Unless
we note
otherwise, our references to prior comments are to comments in our [Month day,
year] letter.

Amendment No. 2 to Registration Statement on Form S-1

Summary of financial and other data, page 9

1.     Revise here to include predecessor summary financial statement
information for fiscal
       2017 and from January 1, 2018 through April 30, 2018.
2.     On page 57 you include quantified information in footnote (1) regarding
the Transaction
       Volume and Transaction Count for fiscal 2018 and the nine months ended
September 30,
       2018 related related to the predecessor entity. Please revise here to
include similar
       footnote disclosures related to such metrics. Also, tell us whether the
Merchant totals
       were adjusted to include predecessor information, and if so, revise to
include a quantified
       discussion of such amounts.
 Ronny Yakov
The OLB Group, Inc.
January 2, 2020
Page 2
Liquidity and Capital Resources, page 61

3.    You state that your current available cash resources, excluding the
proceeds of this
      offering, will allow you to continue your operations until December 2020.
Please revise
      to clarify whether your available cash resources includes the additional
financial
      assistance promised by Mr. Herzog. If so, discuss how your liquidity
might be impacted
      should Mr. Herzog fail to satisfy the commitment. To the extent Mr.
Herzog's funding is
      not part of the capital resources referenced in your disclosures, please
clarify the source of
      such resources.
Consolidated Statements of Cash Flows for the Years Ended December 31, 2018 and
2017, page
F-9

4.    We note that you added a footnote to the consolidated statement of
operations for the year
      ended December 31, 2018 in response to prior comment 6. Please include a
similar
      footnote to the consolidated statement of cash flows for the same period.
Exhibits

5.    Please revise to ensure that the consent of your independent registered
public accounting
      firm refers to the correct opinion date. In this regard, the consent in
Exhibit 23.2 refers to
      the report dated April 13, 2018 when the opinion is also dated December
18, 2019 as it
      relates to Note 1A.
       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 Jeff
Kauten, Attorney-
Adviser, at (202) 551-3447 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
Comapany NameThe OLB Group, Inc.
                                                             Office of
Technology
January 2, 2020 Page 2
cc:       Barry I. Grossman
FirstName LastName