OLB surges after announcing support for Mastercard crypto transactions

OLB

02/11/2021 15:15

** Fintech firm and payment facilitator OLB Group Inc
 OLB.O  jumps 133% at $11 on Tuesday - its highest since
February - after announcing support for Mastercard
cryptocurrency processing
    ** "Merchants utilizing OLB's OmniSoft business management
platform and the company's SecurePay Payment Gateway Platform
can activate Mastercard cryptocurrency transaction processing at
any time," co says in statement
    ** OLB supports multiple cryptocurrencies including Bitcoin,
Ethereum, USDC, and DAI across all merchant platforms, it
says urn:newsml:reuters.com:*:nBw9vkKXla
    ** Shares logged their best monthly performance in a year in
October when co launched Bitcoin mining operation
 urn:newsml:reuters.com:*:nL4N2RF3OI urn:newsml:reuters.com:*:nL4N2RF3OI
    ** OLB set to record its best session in nearly two years;
shares up ~114% YTD

 (Reporting by Anisha Sircar in Bengaluru)
 ((Anisha.Sircar@thomsonreuters.com))