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Bundle Acquired by Capital One

Capital One announced today that it had acquired “substantially all” the assets of Bundle, a PFM and card analytics effort from Citibank, Microsoft and Morningstar. 
Bundle Logo2.jpg
Terms of the deal were undisclosed. Bundle CEO Jaidev Shergill and the company’s eleven associates will join Capital One as part of Capital One’s Digital Labs.
Bundle provides tools that enable consumers to track their own spending patterns, as well as compare their own purchase preferences to those of other consumers. 

To learn more about Bundle, watch the company’s most recent demo from FinovateFall 2011 here