TELEGRAPH.CO.UK - Oct 3 - Happn has just raised $14M. The app launched in Paris in 2014, and claims 6.5M members worldwide with 700K in the UK. It took the company ten months to reach a million users. Now Happn is signing up 1M new users per month, and expects to reach 10M by the end of the year. The app connects people who have crossed paths in real life. The new funding will be used to drive expansion into Asia – with launches planned in Manila, Bangkok, Seoul, Tokyo and Hong Kong – and grow Happn's presence in Europe, South America and the US. While the app is completely free for women, men have to pay to send charms. The company has already been working with car company Fiat on an advertising campaign.
by Sophie Curtis
See full article at Telegraph.co.uk
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