PR NEWSWIRE – Feb 3 – Dating app Clover has closed a growth capital financing of $12M consisting of growth debt from Espresso Capital, and a structured equity investment from an existing investor. In fiscal 2020, Clover generated $19M in revenue from 900K paid subscriptions. Clover plans to use the new funds to accelerate its rapid growth. The app offers a wide range of settings, filters, messaging, and video options. LIVE, the new video streaming service, allows users to watch live streams, start their own stream, chat, and send and receive gifts.
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