Dating App Feeld Reports Record Profits and Dividend Following Sales Surge

Feeld, a UK-based dating app catering to non-monogamous and queer communities, has announced a significant financial milestone. The company reported a 32% increase in revenue, reaching £64 million, while pre-tax profits rose to £11.4 million. This growth enabled the company to issue its largest-ever dividend of £3.8 million to shareholders, including founders Ana Kirova and Dimo Trifonov. While major competitors like Match Group have faced declining user numbers, Feeld has expanded its global footprint, particularly in Mexico, Spain, and major cities like New York and Paris. The platform, which monetizes through its 'Majestic' membership tier, has also invested £10.5 million in technology upgrades following past security concerns. Despite debates regarding its evolving brand image, the company attributes its success to a broader cultural shift toward more open-minded approaches to relationships and digital connection.