Pamica NV is the investment company of Michel Akkermans.

Michel Akkermans

Michel is a serial entrepreneur, private investor,
advisor and board member,
serving on the boards of public and private companies
and private equity funds.

Read the full biography >
Board memberships and investor list >
Portfolio Companies News/Press Releases >


Michel Akkermans

Michel Akkermans holds a M.Sc. in electronic engineering and computer sciences and a postgraduate degree in economics & finance from the University of Leuven in Belgium. He also attended the Singularity University Executive Program (Silicon Valley) in September 2018.

After continuing at the university as an academic researcher, he moved to project management positions at international banks, including JP Morgan and Continental Bank, and subsequently for international consulting companies.

In 1989 Michel founded FICS, a leading software provider in the field of online banking and regulatory financial reporting. Under his leadership as Chairman and CEO, FICS grew to employ over 700 employees worldwide and achieved revenues in excess of USD 70 million. In 1999 FICS, together with Edify and Vertical One, merged with Security First Technologies, creating the market leader in Internet banking - S1 Corporation (Nasdaq: SONE), with Michel as its executive chairman.

After leaving S1 in 2001, Michel Akkermans co-founded Clear2Pay, an innovative finance technology company focused on delivering global solutions for payments and became its Chairman and CEO. Headquartered in Brussels, Belgium, with offices worldwide, the company's focus is to facilitate banks and financial organizations in their provision of payments services. It pioneered the payment services hub as the core payments software infrastructure for financial institutions and large corporations. The company also developed advanced testing solutions for the entire payment value chain. Clear2Pay employed 1200 staff and achieved revenues over EUR100 million before it was acquired in 2014 by FIS (Nasdaq: FIS), the world’s number one in financial technology. Michel continued with FIS as an executive advisor after the acquisition.

In 2001 Michel also became an investor and executive chairman in Data4S, a data analytics and data mining company, focusing on anti-money laundering applications for financial institutions. Norkom acquired the company in 2004.

Clear2Pay, FICS and Data4S generated superior returns for its investors and management teams.

A proven pioneer in new financial technology dynamics, Michel is a frequent keynote speaker at industry-led events and actively participates in the development of new ideas, initiatives and companies. He is multi-lingual and operates worldwide.


Board Positions, Active investor, Mandates

Currently, Michel holds a number of board positions and is an active investor in several companies and private equity organizations. His mandates include:

Public Companies:

o Board Member Quest for Growth (Euronext: QFG.BR, Quest for Growth invests in European technology-based growth companies in sectors such as life sciences, information technology, software, semiconductors, telecom, electronics…

Private Companies:

o Executive chairman and investor in Approach ( a dynamic and innovative consulting and technology company.
o Executive chairman and investor in Awingu ( innovative cloud computing solutions.
o Executive chairman and investor in Connective ( enables business interactions in a secure and contextualized way.
o Executive chairman and investor in IntellectEU ( Financial integration and middleware solutions.
o Chairman and investor in NGData ( Big Data based customer experience management solutions.
o Chairman and investor in Cashforce ( Automated cash forecasting on your ERP.
o Vice-chairman and investor in miDiagnostics: ( disposable chip for blood self-testing.
o Board member at Imec vzw and Imec International ( world-leading research in nanoelectronics.
o Board member at Isabel ( A streamlined, connected and simple financial world.
o Board member and investor in Seaters ( Seaters gets you live at sold-out events by redistributing empty seats due to no-shows.
o Board member and investor in Intix ( solutions that help financial institutions and corporates view, monitor and aggregate financial messages.
o Board member and investor in Essensium ( location awareness and position tracking systems.
o Board member and investor in Chili Publish ( provides a unique online publishing experience to brand owners and its service providers.
o Board member and investor in ( An A.I. platform for model risk management.
o Board member and investor in ( : Shift your digital transformation into a higher gear with self-learning machines that read.
o Board member and investor in Scaled Access ( Sharing access without sharing passwords .
o Investor in Sentiance ( Real-time Ambient Intelligence.
o Investor in BITA ( High-performance infrastructure to power the next generation of passive investing.
o Supervisory board member at Exact ( Cloud business software for SMEs and their accountants.

Venture Capital and Private Equity:

o Chairman of the Advisory Board and Partner of Volta Ventures ( seed and early stage venture capital for internet and software companies in the Benelux.
o Chairman of the Advisory Board Big Bang Ventures II and Chairman of the Advisory Board Hummingbird Ventures I and II (

Not for profit:

o Board member of Belcham ( connect professionals and help Belgian start-ups scale faster and more successfully in the USA.
o Contributor to the campaign “Opening the Future”: fundraising campaign with focus on neurodegenerative diseases.
o Middelheim Promotors vzw ( art sponsoring organisation.

Michel was also a former director of Agfa-Gevaert (Euronext: AGFA.BR) and Gemplus (now Gemalto), Capco, Vanbreda International and US based companies Webtone and Proficient as well as an executive advisor to Aquiline. He was also chairman of Realdolmen (Euronext: REA).

Portfolio Companies News / Press Releases

20 March 2020 - miaa Guard announces Rebrand
> Read the PR

4 December 2019 - DataNews article
> Dutch: Veel ondernemers, weinig vrouwen in top 50 Belgische tech-investeerders
> French: Beaucoup d'entrepreneurs, mais très peu de femmes dans le top 50 des investisseurs technologiques belges

17 April 2018 - Belgian Fintech champion Isabel Group reinforces Board of Directors with Michel Akkermans and Martin Servais
> Read the PR

8 January 2018 - raises €1.25M to conquer model risk in the global financial market
> Read the PR

27 June 2017 - IntellectEU secures 2 million euro investment in funding
> Read the PR

10 April 2017 - CHILI publish raises € 2,55 million in Series A round led by Volta Ventures
> Read the PR

4 January 2017 - NGDATA Closes Additional $9.4 Million Series B Round for Next Generation Customer Experience Management
> Read the PR

10 November 2016 - Seaters funding now at $8 million
> Read the PR

8 September 2016 - Connective NV close s a € 4 . 5 million funding round
> Read the PR

30 June 2016 - Awingu secures additional investment of 2.65 million euro
> Read the PR

3 May 2016 - ScriptBook raises €1 million from PMV and Michel Akkermans
> Read the PR

Contact Us

Pamica NV
Rouaansekaai1, 2nd floor
2000 Antwerp, Belgium
Tel: +32 3 202 40 30