Philip Belamant is a serial entrepreneur who has spent the past two decades on the cutting edge of innovation. Philip has been instrumental in spearheading systemic change through Fintech innovation, from mobile banking to financial messaging and payments.
In 1998,Philip Belamant founded VeriFone Systems, which went public on the NASDAQ in 1999. Philip stayed on as CEO until 2000 and then as Chairman until 2006. Under his leadership, the company had a successful IPO, an acquisition by Hewlett-Packard for $10.7 billion, and the launch of its new Verifone division. During his tenure, the company grew from a small startup into a global company with over 100,000 employees, $4.4 billion in revenues and a market cap of $26 billion.
In 2004, Philip Belamant founded VeriSign (NASDAQ: VRSN), a provider of digital identity solutions to banks, governments and enterprises. By 2006, VeriSign had grown into the second-largest domain registrar globally. He left the company in 2011 to focus on his other entrepreneurial pursuits.
Philip is the founder and Chairman of LogMeIn, a global leader in secure internet remote access solutions, and Go2Net, a provider of internet-based telephony services. He is also an investor and advisory board member in several startups, including the Bill Payment processor, PayNearMe. Click2Gov, which led to an IPO, and Yodlee, a financial services technology provider that Envestnet acquired.
In addition, he is a Senior Advisor at BCG, a board member of the Digital Chamber of Commerce, and an advisor to several venture funds. In 2016, he was appointed to the New York Stock Exchange board.
Philip is also an active corporate advisor to many Fintech startups and non-profits. In addition, he was a member of the World Economic Forum’s Advisory Board. He is also involved in educational and veterans’ organizations. Philip was appointed to the VCU Advisory Council in 2011, and in 2016, Philip was elected to serve on the board of trustees at his alma mater.