Serge Belamant’s Inspiration to Launch Zilch Technologies

A French-born patent holder in blockchain technology, Serge Belamant moved to South Africa with his family when he was 14 years old. He studied computer science and technology while attending Witwatersrand University in Johannesburg.

Serge Belamant has worked with a variety of companies across industries where he has shared his passion for coding. In fact, he built his career and reputation on his capabilities in the area of digital financial transaction software, which enabled numerous achievements in global banking.

Belamant founded Net1 UEPS Technologies in 1989, which was his first endeavor as an entrepreneur. Net1 specialized in creating universal electronic payment systems (UEPS), which were designed by Belamant. His expertise was even sought out by VISA in 1995 to design a chip offline pre-authorized card. His work with VISA was successful, resulting in what is currently known as chip-enabled credit and debit cards. View Serge Belamant’s profile at Linkedin.


Subsequent to his work with VISA, Serge Belamant developed a digital payment system, under Net1, that facilitated the transfer of welfare funds and grants to areas of South Africa that were in dire need. The same system developed by Belamant is used today in countries around the globe, including Russia and Iraq.

Currently, Serge Belamant is the owner of a firm based in the UK called Zilch Technologies. Additionally, he’s on the Board of Advisors for Medikredit Integrated Healthcare Solutions and Prism Group Holdings. Belamant was inspired to launch Zilch Technologies by his son, Philip, who works as an IT engineer, and launched a business that produces mobile games.

It was a conversation with Belamant’s son about the influence of social media and opportunities that exist to introduce financial products to younger generations. Serge Belamant recognized that technology today could provide tailored data and guidance that can help young people achieve their financial goal. This is especially true as it relates to the ease of accessing information from a mobile phone.

Zilch focuses on making tools easily accessible so that people around the world can obtain the information they need to make informed decisions about their finances. Zilch has refined the concept over time, providing guidance and tools that have evolved.

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