pmtbox Appoints Steven Boal to Board

The Utah payments startup added the Quotient Technology founder to its board of directors after closing a $15 million seed round.

Updated on Nov. 4, 2026 in Couponing

pmtbox has appointed Steven Boal to its board of directors. The company also added Alex Bean and Wayne Hamilton to its board after closing a $15 million seed round led by Tandem Ventures.

Why it matters

Boal previously founded Quotient Technology, formerly Coupons.com, and led it for 24 years, including its listing on the New York Stock Exchange. His experience in digital coupons and gifting connects directly to pmtbox's commerce-focused payments work.

pmtbox closed a $15 million seed round led by Tandem Ventures before adding three directors. Boal founded and chaired digital gifting company CashStar, which Blackhawk Network later acquired, and served 24 years as Quotient CEO and Board Chair.

The players

Steven Boal

Steven Boal is a digital commerce executive who founded Quotient Technology, formerly Coupons.com, and led it for 24 years, and who also founded digital gifting company CashStar.

pmtbox

pmtbox is a Utah-based payments startup that closed a $15 million seed round and is building commerce payment infrastructure.

The details

Boal joins the board as pmtbox co-founder and CTO Pete Kledaras, who previously worked with him at CashStar, builds out the company's payments infrastructure. Boal currently serves as Chief Executive Officer and Board Chair of Matia Mobility, based in Salt Lake City.

1998: Boal founded Quotient Technology, formerly Coupons.com.
November 4, 2026: pmtbox announced Boal's board appointment.

Market Landscape

Boal's career traces the move of couponing from printed inserts to digital platforms, a shift he helped lead through Coupons.com and later Quotient Technology. pmtbox's expansion into payments suggests that the same digital redemption logic is now moving into the infrastructure that processes purchases.

For shoppers, the move signals that digital coupon and payment platforms continue consolidating under experienced operators. Consumers who use digital coupon apps may see future payment and redemption features built on this infrastructure.

The takeaway

Digital coupons have evolved into payment infrastructure, so shoppers who redeem offers through apps are increasingly interacting with the same systems that handle transactions. Checking which platform processes a coupon or gift card can help shoppers understand how their data and savings are handled.