HeadlinesBriefing favicon HeadlinesBriefing.com

OnlyFans eyes $3bn valuation in minority stake sale

Financial Times Companies •
×

OnlyFans is in advanced talks to sell less than 20% of the platform to San Francisco‑based Architect Capital, a deal that would peg the business at just over $3 billion. The transaction follows the death of founder Leonid Radvinsky in March and marks the first external investment since his illness began.

The sale keeps control with the family trust led by Radvinsky’s widow, Katie, who has overseen the process. Investors hope the capital infusion will fund new financial products for creators, many of whom lack traditional banking access. The deal could close as early as next month, though insiders warn of possible last‑minute hurdles.

Last year, OnlyFans generated $7.2 billion in user revenue and paid a record $701 million in dividends, underscoring its cash‑flow strength. Earlier attempts to secure a majority stake aimed for a $5 billion valuation, but scaling back to a minority stake reduced the price tag while preserving the trust’s voting power.

Architect Capital is financing the purchase through a special‑purpose vehicle backed by additional investors. The agreement would open the door for future stake sales, providing the platform with greater stability and a path to diversify its service offering beyond subscription content.