Spark Networks Announces Credit Facility Amendment to Reset Financial Covenants, and Additional $6 Million of Funding
Spark Networks Announces Credit Facility Amendment to Reset Financial Covenants, and Additional $6 Million of Funding
12/03/20, 1:05 PM
Location
berlinMoney raised
$6 million
Industry
software development
social media
Spark Networks (NYSE: LOV), the global leader in premium and community-based dating, today announced an amendment to its existing debt facility providing for, among other things, enhanced financial covenant flexibility and a strengthened cash position of $6 million.
Company Info
Location
berlin, berlin, germany
Additional Info
Spark Networks SE is a leading social dating platform for meaningful relationships focusing on the 40+ demographic and faith-based affiliations. Spark's portfolio of premium and freemium dating apps include Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe.