How Philip Belamant Empowers Consumers by Encouraging Change in the BNPL Industry

The global marketplace is ever-changing, and modern business practices are changing. One of the most challenging aspects of operating a business today is staying abreast of current market conditions and anticipating future trends. This is especially the case when your competition is located worldwide and refuses to play fair. The BNPL industry provides natural gas to thousands of consumers in over a hundred countries around the globe. As such, there is an acute demand for natural gas that can be met by any company producing or purchasing this commodity. To ensure stability in the industry, each BNPL producer/buyer must comply with regulations set by national governments and international organizations. These differing standards may require different technologies or approaches to meeting regulatory requirements, making it difficult for new producers to enter the market.

  1. Healthy Disruption in the Fintech Space

Philip Belamant, best known as the CEO and founder of the revolutionary buy-now-pay-later (BNPL) provider Zilch, is an innovator who has seen the world of business change dramatically over the past decade. Since its inception in 2013, Zilch has grown from a local service provider to a global enterprise. The company has also expanded its product lineup from BNPL to include banking and insurance services for consumers and businesses alike. Philip Belamant believes that Zilch’s success is mainly due to the company’s ability to adapt to the changing needs of consumers while remaining a viable business.

  1. How Zilch Disrupted the Fintech Space

Philip Belamant’s vision for Zilch was to disrupt the traditional banking system. The BNPL model was designed to provide consumers with a way to access their money when needed, regardless of whether or not they have a bank account. BNPL is different from traditional banking in that it allows consumers to pay for goods and services on a deferred basis, therefore avoiding the need to open an account with any financial institution. To achieve its mission, Philip Belamant needed to bring a fresh approach to the banking industry. Philip Belamant’s solution was the BNPL model, which he believed would allow consumers to access their money without opening up a bank account.

Learn more about Philip Belamant: https://medium.com/@philipbelamant