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Bundil Makes Waves In The Shark Tank

Bundil Makes Waves in the Shark Tank

Shark Tank Pitch Stuns Investors

Bundil's Journey to Success

When Bundil stepped into the Shark Tank, it wasn't just another pitch. Bundil is an app that allows consumers to automatically invest spare change from credit or debit card purchases. At the time of the pitch, two months into the app's existence, Bundil supported three major banks.

The app's founders, David Spears and John Bundil, impressed the sharks with their innovative idea and strong traction. Spears, a former financial advisor, saw an opportunity to make investing more accessible to everyday consumers. Bundil, a software engineer, created the app to automate the process and make it seamless for users.

The sharks were particularly impressed by Bundil's potential to reach a large market. "This is a huge market," said investor Kevin O'Leary. "There's a lot of people who don't invest because they don't know how, or they don't have the money. This app solves both of those problems."

In the end, Bundil secured a deal with investor Mark Cuban, who offered them $250,000 for a 15% stake in the company. With Cuban's mentorship and support, Bundil is poised to become a major player in the fintech industry.

Conclusion

Bundil's success story is a testament to the power of innovation and perseverance. By tapping into a growing demand for accessible investment solutions, Bundil has created a product that has the potential to change the way people save and invest money. With Mark Cuban's backing, Bundil is well-positioned to capture a significant market share and make a lasting impact on the financial landscape.


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