Some people have found it easy to start up a venture and it picks up from the onset. On the other hand, there are those who have not been lucky enough to break even and have had to struggle through life before they can share a beautiful Serge success story . Serge Belamant story takes the latter case. Serge Belamant has always been thrilled by technologies. He later came to discover that this is what he wanted to do. following his pursuit, Serge Belamant came up with Smart card that could be used in transactions especially in the banking sector. Nonetheless, his business ambitions were quickly shut as none of the financial institutions at the time wanted to introduce this new feature as many thought it would make their system inefficient.
This was a major disappointment. However, he quickly wiped off the dust and recharged to test his inventing model elsewhere. He moved to California and began negotiating with the Card Issuer at the Visa Department. This similarly, became to be a deal gone wrong, he retreated home with nothing less of the tech licenses and hardware proceeds. In South Africa, things began working for him. He raised US$ 4 million through a public offering of his company in the Johannesburg Stock Exchange. His smart card project got accepted and in the first year, he issued over 1.5 million to direct recipient.
About Serge Belamant
Serge is a tech expert. He was born in France in 1953 but relocated to South Africa at only 14 years of age. He enrolled at the Highlands North High School and later at Witwatersrand University. At first, he took a course in Engineering switched to Computer Science and Applied Mathematics, dished this too and did Information Systems courteous of UNISA. He has worked as a Director for MedKredit Integrated Healthcare Solutions and Prism Group Holdings Ltd. About Serge Belamant, co-founded Net1 UEPS Technologies where he is the Interim CEO and Chairman to the Board of Directors. He recently founded Zilch Technology Limited which aims are delivering services to their customers efficiently using technologies.