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                           August 3, 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. 10 to
Registration Statement on Form S-1
                                                            Filed July 31, 2020
                                                            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 July
29, 2020 letter.

       Amendment No. 10 to Form S-1 Filed on July 31, 2020

       Impact of COVID-19, page 6

   1.                                                   We note your revised
disclosures in response to prior comment 1. While you state that
                                                        you expect an overall
decrease in revenue and cash flows for the remainder of 2020 as
                                                        compared to 2019, it
remains unclear how your transaction volumes and revenues were
                                                        impacted in the second
quarter of fiscal 2020. To the extent management is aware of
                                                        reasonably known
material adverse effects of the pandemic on your current operations and
                                                        financial condition,
please discuss (and quantify if reasonably possible) the impact, or
                                                        estimated range of such
impact, on your transaction volumes, revenues and results of
                                                        operations in the most
recent quarter.
 Ronny Yakov
The OLB Group, Inc.
August 3, 2020
Page 2
Notes to Financial Statements
Note 10. Subsequent Events, page F-43

2.     You state in your response to prior comment 3 that you anticipate taking
a charge into
       earnings upon conversion of the notes to Messers Herzog and Yakov.
Please tell us what
       this charge relates to and the specific accounting guidance considered.
Also, while we
       understand this event will not occur until consummation of the offering,
to the extent this
       charge will be material to your future financial statements, such impact
should be
       quantified here. We refer you to ASC 855-10-50-2. Similar disclosures
should be made in
       the forepart of the filing.
        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 Advisor, at
(202) 551-3447 or 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
August 3, 2020 Page 2
cc:       Barry I. Grossman
FirstName LastName