FOX BUSINESS - Mar 8 - Stitch, an online community for singles over the age of 50, was launched in 2014 and is headquartered in Sydney. The site offers three types of memberships: basic, community and community+. The basic membership is free, the community membership costs $60 per year and the community+ type, which allows additional profile browsing, starts at $15 per month. Currently, the app has 1K members. "Lonely people over the age of 60 can see the same health effects as smoking 15 cigarettes a day," said Andrew Dowling, the founder and CEO of Stitch.