This provision significantly limits your legal rights — you give up the ability to sue Bumble in court or participate in a class action, which is often the only practical way to hold a large company accountable for small harms.
Bumble users grant the company a perpetual, worldwide, royalty-free license to their uploaded content, including photos and profile information. Users are subject to mandatory binding arbitration and waive their right to class action lawsuits or jury trials unless they actively opt out within 30 days. You can opt out of the arbitration agreement by following the instructions in Section 14 of the Terms within 30 days of agreeing.