Philip Belamant Highlights The Importance of Disruption in FinTech

Philip Belamant is the founder and CEO of Zilch, a mobile payments business headquartered in Vancouver, Canada. Philip Belamant was a computer engineer and software developer before becoming a serial entrepreneur at 22. Belamant built and sold multiple mobile software-as-a-service products before founding Zilch in 2015. The company provides a mobile payments solution for small businesses, focusing on independent retailers. Zilch’s API lets merchants accept payments from their customers using the Zilch smartphone app, the merchant’s smartphone app, or a third-party payment processor. The API is available in English and Chinese.

Disruption in FinTech is one of the most critical factors for the success of this industry. FinTech companies must innovate and invest in new technologies to compete and keep up with the times. This includes adopting new technologies, such as blockchain and artificial intelligence. These changes will help FinTech companies grow their businesses, ultimately benefiting the consumer. With these changes, one thing remains consistent—the importance of disruption in FinTech. Disruption in FinTech is a new way of doing things that changes how we do business. Disruption is a term used to describe how companies can compete with other companies by offering better products and services at a lower cost. Disruptive products and services will be successful because they can provide something different, which will lead to growth and development within the industry.

According to Philip Belamant, the disruption of FinTech will be driven by three main factors: the development of new technologies, the expansion of FinTech companies, and competition. The story of new technologies will help FinTech companies innovate and compete with other companies. The expansion of FinTech companies will help disrupt the banking industry by offering new services and products to consumers. Finally, competition among FinTech companies will drive innovation as they strive to create new and better outcomes for their customers.

Original source to learn more: https://medium.com/@philipbelamant