OnlyFans negotiates the sale of a stake: valuation over 3 billion
The deal comes after the death last month of Leonid Radvinsky, owner of OnlyFans, who passed away at the age of 43. Shares in the group are now held by the family trust. First to reveal the talks in an advanced stage was the Financial Times
OnlyFans, the platform best known for adult content, is in advanced talks to sell a minority stake to Architect Capital in a deal that would value the group at over $3 billion.
According to a source close to the dossier, the agreement could be reached as early as next month and would involve the San Francisco fund entering with a stake of less than 20% in Fenix International, the British company that runs the platform.
The deal comes after the death last month of Leonid Radvinsky, owner of OnlyFans, who passed away at the age of 43. The group's shares are now held by the family trust. TheFinancial Times was the first to reveal the talks in an advanced stage.
The deal would also include a collaboration between Architect and OnlyFans to develop new financial services and products for the platform's creators. OnlyFans declined to comment, while Architect did not respond to media enquiries.
