It has been a month that Tinder, a location-based social discovery application that facilitates communication between mutually interested users, has been going through several ups and downs.

It has been quite a flammable month for Tinder, which is famous for its dating app that allows users to anonymously indicate whether they think other users are attractive.

In the beginning of this month Tinder was accused from bringing a 'dating apocalypse', a world in which old-fashioned courting is rendered irrelevant by possibilities for instant gratification facilitated by the app.

But this time Tinder is going through a much bigger crisis than any social media controversy, as its chief executive has departed from the company after working for nearly five months. The CEO was replaced by its co-founder and former CEO, which earlier stepped down in March.

Some say that Tinder's relationship with its CEO Chris Payne's was just as casual as the relationships between some of the app's users. Payne costs company worth $5.5 billion.

Tinder board member Matt Cohler, said, "It became clear after a few months that it wasn't going to become a long-term fit'.

Payne was although a well qualified and experienced person, he was a veteran of eBay and Microsoft, but it seems that Tinder needed something different.

Cohler said in a statement that it has only been a few months, but everyone soon realized that board and Christopher, wouldn't work in long-term. He further said they thought they might take action on the issue sooner than later.

Tinder, which has logged 600% growth over the past 12 months, has been downloaded 40 million times since it launched in 2012. Nearly 30 million people who have registered themselves on the app check out 1.2 billion prospective partners daily meaning 14,000 per second.