Archive for the ‘founder’ Category

Zilch Technologies Founder Serge Belamant Discusses Electronic Payment Technologies

Sunday, March 10th, 2019

Serge Belamant is a pioneer in digital payment technologies. In fact, his first company, which he founded in 1989, was approached by Visa to create the chip-enabled credit and debit card technology we now rely on every day. However, he traveled an extremely interesting path to get to where he is today. Read more on

Belamant was born in Tulle, France, but moved with his father to South Africa at the age of 14. He stayed in South Africa for college, studying at Witswatersrand University, where he graduated with a degree in Computer Science. After college, he found great success writing software for digital financial transactions, which led to his founding NET1 UEPS Technology.

In an interview with, he talked about his current venture, Zilch Financial, which aims to make it easy for regular people to make financial transactions using their smartphones. According to Serge Belamant, his new venture was inspired by a conversation he had with his son, who also studied computer science, and they arrived at the conclusion that the best way to integrate the poor into the financial system was by using the tool that was most at their disposal, the smartphone.

When asked about what makes him successful, he explained that everyone may be successful for different reasons. This is contradictory, because someone else may arrive at success by doing the exact opposite as you. Serge Belamant believes that his success is down to his drive to understand and his curiosity. He wants to find out the basic reasons for problems in order to find solutions. This is the common thread that has led him to work in a number of seemingly unrelated industries, such as medicine, computer science, philosophy, and engineering. Serge Belamant sees himself as a student of new ideas, and he thinks that it is this conception that his led to his success in his many projects and ventures.


Serge Belamant the Founding Father of Banking Technologies

Sunday, March 3rd, 2019

Serge Belamant was born in France, in 1953. During the move to Africa, Belamant learned how to read and write in English. He was awarded the Victor Ludorum and named Head Prefect. He went to the University of Witwatersrand. During his third year of college, he transferred to the University of South Africa. Serge Belamant studied engineering, computer science, and information systems.

Belamant worked at Matrix in the BKSH division. During his time working with the company developed tools to analyze the water levels of dams. His creation was used to predict or stop future droughts. He knowledge of computers lead to huge breakthroughs in digital mapping, methods, and analysis in clear platforms. He worked at the Control Data as the Head Analyst for the national grid system division. He created the first scientifically based financial system. He was also given the title of created the VIB network. At Bancorp, he created a ten-step program that analyzed risk and tested the sustainability of a business. His biggest achievement was working for SASWITCH.


SASWITCH had lost their system that helped with transactions. The Christian Rovsing computer was not fast but it was all that banks had. It left SASWITCH system unable to perform, be maintained, or updated. Belamant provided an entirely new system for his company. He created a new National ATM switch for the banks. Serge Belamant developed the first RSA Point-of-Sales (POS) system. On October 1989, he started his own company call Netl Technologies. His company built up from the Funds Transfer System (FTS).

Belamant’s company big break was when VISA hired them to create a new application based on his own technology. He created the Chip Offline Pre-authorized Card (COPAC) for VISA. The VISA company still use COPAC against fraud, misuse of credit, and verifying the PIN. Belamant’s company was listed on the Johannesburg Stock Exchange.

Serge Belamant was called the Henry Ford of IT for his work over the years. His company continued to create new services for other countries across the globe. Serge’s company reputation grew through his blockchain technology.

Belamant was officially the Chairman and CEO of his company in 2005. He accomplished this by getting on the NASDAQ list as a public company. He created a new tech for the RSA government contract. He created morphing, variable PIN and the 1: N Biometric Comparison Engine.

In 2018, he started a London based company called Zilch Technology Limited. His new company focused on his inventions and the banking sector. He is creating new blockchains for the cryptocurrency markets. He is known to be the founding father of the blockchain technologies. Serge Belamant is a member of the RSA Computer Society.