Who said love doesn't cost a thing? The CEO of the popular dating app Tinder teased that new features are coming to the app— at a price.
Tinder CEO and cofounder Sean Rad hinted at Forbes' Under 30 Summit that a new feature will allow users to find love matches outside their cities. Finding potential romances before a vacation or a city relocation on Tinder will come at a cost, though the app hasn't revealed specifics on pricing.
Tinder will still remain free, so feel free to continue swiping your smartphone screens. Rad says that the new premium features will be worth the price they charge users. However, the new "hacks" will allow the application to reinvest in itself.
"It's two things that our users have been asking for a very long time," Rad say. "We think there's a great opportunity for us to introduce these features and because we're confident that the values there and users are willing to pay, and it adds to the user experience where we're going to charge for it," he added, not giving anyway any more hints.
The expansion to reach matches outside a user's current location will launch in November.
This is not the first time Tinder's location feature has made headlines. Whitehat hacker Max Veytsman from Include Security found a flaw in the app's API in October 2013, which allowed users to pinpoint other users at an extremely close distance of a hundred feet.
Whether you are looking for a hookup while traveling or at home, another self-proclaimed "Tinder, minus the riff-raff" app just launched and promises to bring a premium experience for its dating users. Released this month for Android, the app Luxy connects users with rich partners that can provide a life of luxury.
"With the rise of high-speed digital dating, it's about time somebody introduced a filter to weed out low-income prospects by neighborhood," said the CEO of Luxy, only known as Tim T.
Coming to iPhones in May, Luxy male users have an average income of $200,000. However, users are asked to be honest and police themselves until the app incorporates an income-verification system.
Current users include "CEOs, professional athletes, doctors, lawyers, investors, entrepreneurs, beauty queens, fitness models and Hollywood celebrities."
Matches are made based on the products users consume (how romantic!), pairing potential love connections over their shared love of materialistic goods.
With new dating apps continuously launching and updating, it seems like there really is a dating app for just about anyone looking for love.
