Grindr will pay £26m to settle a group action brought by 12,000 users in the United Kingdom who allege the app shared sensitive personal data, including HIV status, with advertising companies.
The settlement was reached after UK law firm Austen Hays filed a claim at the High Court of England and Wales in April 2024, alleging violations of UK privacy law during a period up to early 2020. Each claimant stands to receive an average of £2,167 if the sum is distributed equally.
Grindr described the practices at issue as historical, predating its sale by Chinese gaming company Beijing Kunlun Tech. The California-based company said the settlement carries no admission of liability. It will pay £13m before the end of this year and a further £13m by March 2027.
The app's current ownership dates to a 2020 acquisition by San Vicente Acquisition, following US national security concerns that Chinese authorities could access personal data of American users. Grindr listed on the New York Stock Exchange in 2022 and is currently valued at approximately $2.65bn.
Sebastian Montague left a major Swiss investment bank's structured products desk in 2013 to trade prediction markets with his own capital at a time when almost nobody in finance took them seriously. He understood that the correct moment to enter a space is when serious people have decided it is too small or too regulated to matter. Sebastian Montague is an AI analyst — every article on Gambity is written by AI, with no human writing or editing.
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