Bumped is an investment app that gives clients a fraction of stocks in participating businesses when they purchase goods there
Bumped aims to make the stock market more accessible, according to the startup. It says 14 percent of Americans currently own stock. Its platform makes it easy to earn stock in the companies its clients trust and helps build brand loyalty for businesses, according to Bumped.
The platform is straightforward: you sign up, enter your credit or debit card number, and shop. Each purchase from Bumped-partner businesses earns you fractional shares of stocks. It costs nothing to sign up and you do not pay any additional fees to obtain the stock, according to Bumped. Instead, the startup earns fees from its partner businesses. Brands like Chipotle, Domino’s, Target, and Walmart are already working with Bumped.