How Serge Belamant Turned a Conversation Into a Successful Business Venture

Born in France, Serge Belamant is an expert in the area of blockchain technology. Not only is he an expert, he holds patents in the industry. Belamant moved to South Africa with his family at the age of 14, and later went on to attend Johannesburg’s Witwatersrand University where he studied computer science and technology. Throughout his career, Serge Belamant has demonstrated passion and a high level of expertise in the area of coding digital financial transaction software. In fact, it’s how he built his reputation in the financial services arena. Belamant has had a significant impact on global banking.

In 1989, Serge Belamant demonstrated his entrepreneurial spirit by launching Net1 UEPS Technologies, a company that specializes in universal electronic payment systems (UEPS). He was a recognized expert by many leaders in the industry, and hired by VISA to develop a chip offline pre-authorized card in 1995. As it turns out, the technology that he designed is still used today in the form of chip-enabled credit and debit cards. Read more news at

A few years down the road, Serge Belamant developed a digital payment system that was used in South Africa to transfer welfare funds and grants to areas of the country that needed them most. The system that he developed remains in use around the world, including places like Russia and Iraq.

Serge Belamant is still thriving in his career. He is on the Board of Advisors for Medikredit Integrated Healthcare Solutions and Prism Group Holdings. He also launched Zilch Technologies, which is a company based in the UK that provides financial solutions for younger generations. There’s an interesting story behind the launch of Zilch. Belamant actually got the idea during a conversation with his son Philip about social media.

Belamant’s son is an IT engineer, has a degree in computer science and owns a company that produces mobile games. The conversation they had was about the influence of social media in the modern world, and how it would be a great tool to use for the purpose of offering financial products in an interface and language that young people could understand. As it turns out, they were right; this is precisely the mission of Zilch Technologies.

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