# Steven Schnall

> Steven B. Schnall (1967-2022) was a New York entrepreneur, Quontic co-founder and its former CEO and chairman. His career spanned mortgage finance, real estate development and other ventures. At Quontic, he paired lending to underserved borrowers with a move into digital banking, including Bitcoin debit-card rewards and a wearable payment ring. He also served Urban Angels and The Arthur Project.

- **Role:** Co-founder; former CEO and chairman of Quontic (died August 2022)
- **Organizations:** Quontic Bank, New York Mortgage Corp., New York Mortgage Trust, Realmor Capital, Restaurant.com, Fit Athletic Holdings, Urban Angels, The Arthur Project, Young Presidents’ Organization, YPO Big Apple Gold
- **Education:** Bachelor’s degree in accounting, University of Florida, Warrington College of Business
- **Known for:** Built a mortgage company that became publicly traded in 2004., Co-founded Quontic in 2009 and led its development into a national digital bank., Led Quontic when it obtained CDFI certification in 2015.

## Career timeline

- **1989** — Graduated from the University of Florida and moved to New York; began work at Price Waterhouse.
- **1992** — Started his own mortgage business in New York after an early business setback.
- **2004** — Took the mortgage business public through New York Mortgage Trust.
- **2007** — Sold the mortgage lending business before the financial crisis.
- **2009** — Acquired and recapitalized Golden First Bank, rebranding it as Quontic.
- **2015** — Quontic received CDFI certification.
- **2018** — Named Distinguished Alumni Entrepreneur by the University of Florida’s Warrington College.
- **2019** — Quontic.Works launched in June to connect operational data.
- **2020** — Quontic launched Bitcoin Rewards Checking in December with NYDIG and FIS.
- **2022** — Quontic launched its payment ring in April and opened a Decentraland outpost in May; Schnall was named an EY New York award finalist in May and died in August.

## Achievements

- Built a mortgage company that became publicly traded in 2004.
- Co-founded Quontic in 2009 and led its development into a national digital bank.
- Led Quontic when it obtained CDFI certification in 2015.
- Received the University of Florida Warrington College’s 2018 Distinguished Alumni Entrepreneur recognition.
- Named an EY Entrepreneur Of The Year 2022 New York finalist.
- Led Quontic during its 2020 Bitcoin rewards and 2022 payment-ring launches.

## Latest updates

- **2022-04** — Quontic announced its U.S. payment-ring launch on April 12.
- **2022-05** — Named an EY Entrepreneur Of The Year 2022 New York finalist; Quontic opened its Decentraland outpost that month.
- **2022-08** — Died on August 2, 2022, aged 55.
- **2026-10** — At the research date, Quontic retains a founder tribute and a public fourth-anniversary remembrance emphasizing his mission and encouraging support for The Arthur Project.

## Links

- Website: https://www.quontic.com/about/senior-executives/steven-schnall/
- LinkedIn: https://www.linkedin.com/in/stevenschnall/

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Profile page: https://yespress.io/steven-schnall
Published by YesPress — https://yespress.io
Last updated: 2026-10-27