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French dating app Happn has been extremely successful in its European expansion,raising £14m through three rounds of funding – a clear example of the potential that more casual online dating businesses hold.

The model typically lets men approach her first, either on an app or in real life.The Association will have an important and traditional role as a trade body – ensuring the sector is properly represented so that it has a stronger voice with Government, regulators, the media, financial service providers, social networks and others. There are sites catering for most age and income brackets and a plethora of ethnic and religious groups, not to mention a constant stream of new and innovative takes on the dating site format. According to businessman Justin Mc Leod “everyone recognizes that the traditional dating model is broken”, and it is this belief that has prompted many hopeful entrepreneurs to throw their hat into the online dating ring.These days, online dating makes it easier than ever to find your "lid." While dominated by big name, mass audience sites, like and e Harmony, a growing number of niche sites are finding success targeting singles looking for something very specific.Of course there are sites aimed at specific religious or ethnic groups, but there are also those who aim to match couples with very specific interests.The Passion Network, for example, is a small empire of 250 dating hubs like Thanks to the growth of such sites, the industry has expanded at 3.5 percent a year since 2008 — right through the recession — to become a .1 billion powerhouse.


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