Gate News message, April 17 — OnlyFans is in advanced talks to sell a minority stake to San Francisco-based investment firm Architect Capital, with the deal potentially valuing the British company at more than $3 billion. Architect would acquire less than 20 percent of the business, operated by UK-based Fenix International, with a deal potentially closing as soon as May.
The proposed investment follows the death in March of OnlyFans owner Leonid Radvinsky at age 43. As part of the transaction, Architect plans to collaborate with OnlyFans to develop new financial services and products for the platform’s creators. OnlyFans has been exploring a partial sale for at least a year, though progress has been slowed by concerns among mainstream investors about reputational risk and regulatory scrutiny related to the platform’s association with adult content.
In 2024, OnlyFans reported revenue of $1.4 billion, with over 4.6 million creator accounts and approximately 377 million fans. The platform takes a 20 percent fee on most subscriptions and content sold. Since its founding in 2016, OnlyFans has paid creators $32.4 billion.