Michael Sim
PartnerMichael is a founding partner at Fidelity International Strategic Ventures. With over a decade of experience in private company investing, Michael specialises in financial planning tools, retail finance, and the broader wealth and asset management technology ecosystem. At FISV, he plays a pivotal role in shaping the firm's portfolio and serves on the boards of Moneybox, Conquest Planning, 73 Strings, and Quantifeed. Prior to FISV, Michael worked at Eight Roads, Fidelity and an early-stage start-up.
"Michael is super sharp and insightful, plus he thinks and acts like a true partner. His dedication to our success goes well beyond the call of duty. It is great to have Michael working with us."
In the spotlight
Which global fintech trend are you most excited about and why?
I think we’re at the start of a wave of personalisation within finance and investment. The traditional construct of funds and ETFs will likely give way to more customisable wrappers that better suit a user’s lifestyle, goals and outlook.
What is the fintech you wish you had backed and why?
I’m a sucker for a simple product that can elegantly address an overlooked problem. Financial education has never been taught effectively, but for a digital generation the concept of money, earnings, saving and spending is even more intangible. GoHenry is a pre-paid debit card for kids over 6 years old that allows parents to allocate pocket money and oversee spending. Children can then use their personalised card to spend that cash in stores, online or to save it in a pot towards a larger goal (on which parents can ‘pay’ interest!). Not only does the product fulfil an important gap in financial services, but they have a nice subscription revenue model and a powerful recommendation engine of both parents and kids!
Which entrepreneur would you invite to a fantasy dinner party?
Professor Scott Galloway. It would be an (insightful) hoot!