Entrepreneur Philip Belamant Explains How To Best Disrupt Industries
When a company disrupts an industry, it’s usually by reinventing a product or service. What they are offering is dramatically different and better than what their competitors provide. Philip Belamant is an entrepreneur in the fintech industry who has created disruptive products and services.
He is from South Africa and has been in the fintech industry for several years. He developed a “buy now, pay later” model that makes digital payments more accessible in countries across Africa. People in these countries have been overlooked by traditional businesses and so haven’t had access to the same technologies used by Americans and Europeans. The digital tools he has created help people in remote areas buy physical products, electricity, airtime and more. The tools also save them time by helping them complete transactions using their mobile phones and virtual cards.
He is the co-founder and CEO of Zilch. This company is based in the United Kingdom. Zilch operates in the UK and the United States. Philip Belamant created a business plan for this company that is based on what has succeeded with his African digital payment services. He said his business philosophy is to keep things simple. While he creates disruptive technology, customers don’t need to make any major changes to how they do things.
He explained that Zilch is similar in many respects to how Zoom competes against Skype. Philip Belamant said his company sells its products and services directly to customers. They can pay over time instead of upfront. Zilch customers can make payments in many ways. This includes online, offline and anywhere. They use technology they’re already familiar with, so adapting to Zilch’s offering is easy for customers.
Learn more about Philip Belamant: https://medium.com/@philipbelamant