Bumble is free to download and free to use for its primary features, which weve discussed above. However, the app does generate revenue from special premium features, bought in either one-time purchases or through a subscription.

Does Bumble make a profit?

Bumbles Financials The company reported a net loss of $84 million in that same period. Bumble has enjoyed periods of profitability; during 2019, for instance, it made $86 million in profit from a total revenue of $489 million. Bumble generates most of its money through premium subscriptions and in-app purchases.

How does Bumble and tinder make money?

Now it makes money by selling subscriptions to both apps. Both apps make their month with a freemium model, allowing users to access basic services for free, while making them pay to access additional features. Bumble has two sets of enhanced features, one called Bumble Boost and the other called Bumble Premium.

How much money does Bumble make?

Full year 2020 Total Paying Users increased 22% year over year to 2.5 million. Revenue increased 31.1% to $165.6 million, compared to $126.3 million. Bumble app revenue increased 46.6% to $105.8 million and Badoo app and other revenue increased 10.5% to $59.8 million.