Dating Services

BLK dating app has announced a partnership with former First Lady Michelle Obama’s voting initiative “When We All Vote” to help drive people to register and vote, ahead of the midterm elections.

According to Cassius Life, the popular dating app for black singles created an in-app Election Center, which prompts users automatically when they open the app to engage with a choice – “Share Your Voice” or “Shift the Culture.” When users select “Share Your Voice” they are asked to choose an issue that is important to them, such as “universal healthcare” or “affordable housing,” which will be displayed on their profiles to engage other users.

If users prefer not to pick an issue, they can choose “Shift the Culture,” which provides a link to register to vote. BLK also provides push notifications, so users know important dates and deadlines, from the last day to register to vote to when election day is.

Dating app Hinge is targeting Gen Z daters with new video and polling features which are popular tools on social media apps.

Video Prompts and Prompt Polls help users strike up conversations in a more organic and playful way. Gen Z daters are looking for something more engaging than swiping, so Hinge and other dating apps are turning to game-like and video features to entertain and draw them in.

A video feature already exists in the Hinge app, but with Video Prompts, users are limited to recording within the app instead of posting something from their camera rolls, making for a more spontaneous and less polished introduction. Hinge says that this “encourages a filterless and authentic interaction between users,” according to Tech Crunch.

Barry Diller, owner of IAC Corporation, has sold off his remaining shares of Match Group for approximately $1.9 billion, according to Global Dating Insights.

The media titan is founder and chairman of InterActiveCorp (IAC), which owned Match Group before it spun off into its own entity. It split from IAC to become a public company in July 2020, which caused a rift with the former owner of its star dating app Tinder, Sean Rad. He and several other Tinder employees sued the company, claiming that their shares were undervalued ahead of the public offering when they were forced out.

Diller’s initial sale of Match stock began in 2021 when he sold his first round despite the company’s impressive growth during the pandemic. But since 2022 began, the stock’s value has fallen 60 percent, in part due to earnings expectations for Tinder falling short the last two quarters. The app’s steady growth is now expected to remain flat through the end of the year.

The share value for dating app conglomerate Match Group was downgraded from buy to hold in mid-September by a Wall Street analyst who projects the company will fall short on revenue goals until the end of the year.

According to Seeking Alpha, Loop Capital Analyst Laura Champine said Tinder remains a “wildcard” on the heels of Renate Nyborg’s exit from the company, the app’s market share losses to Bumble, and “cannibalization” of Tinder by the company’s other star app Hinge. She also lowered her price target from $70 to $60 a share, adding that “we see potential for further misses” going into the next quarter. 

Champine added that CEO Bernard Kim will be able to “bring in exciting talent” from outside the company, which she takes as a promising sign. Still, she said of the company’s star app: "Tinder has not been executing in line with expectations…Match blamed Tinder for its lower outlook overall and said product launches had been poorly executed of late. The brand needs to do a better job attracting new customers," according to Seeking Alpha.

Grindr CEO George Arison

Dating app Grindr, which serves the LGBTQ+ community, named board member George Arison as its new CEO. He is scheduled to launch the company’s IPO this fall with a $2.1 billion valuation.

Arison is scheduled to take the reins on October 19th. He has long worked in the tech industry and been a board member of the company since May, according to NBC News. Prior to his appointment as CEO, he founded the car reseller app Shift Technologies, where he also served as CEO, and before that he headed a taxi-hailing app.

In addition to hiring a new CEO, Grindr also appointed a new CFO, the former CFO of Disney Streaming Service Vanna Krantz, who launched and grew the highly successful Disney+ product. Grindr’s outgoing CEO Jeff Bonforte and CFO Gary Hsueh will move into advisory roles going forward, according to NBC News.

Smitten, a new dating app designed for Gen Z daters, has raised $10 million in its latest round of Series A funding.

According to Venture Beat, investors of the app include Makers Fund, Possible Ventures, and Wonder Invest.

Smitten has gotten attention, thanks to a new study that found it had a post-match success rate of 60 percent, compared to Tinder’s 11 percent – a huge difference to online daters. It is currently the most popular dating app in Iceland and second most popular in Europe, so the new round of funding is in part to help the app expand into new territories and grow its user base.

Smitten has a new take on matching – in addition to sifting through profiles, it has added games to help young daters interact in more engaging ways. If you are interested in someone’s profile, you can start with a questionnaire game called Guessary, where you can guess how the other person answered a series of yes and no questions and get immediate feedback on whether they are correct. If you like how they answered, you can like and match with them and take it from there.