OnlyFans is preparing to sell a minority stake to Architect Capital
17 April 13:48
The adult content platform OnlyFans is preparing to sell a minority stake (approximately 20%) to the investment fund Architect Capital, valuing the business at over three billion dollars.
This is reported by the Financial Times, according to "Komersant Ukrainian".
According to FT sources, negotiations are already in the final stages, and the deal could be finalized as early as May. The companies themselves are not commenting on the matter.
If the deal goes through, control of OnlyFans will remain with a family trust. Following the recent death of platform owner Leonid Radvinsky, this trust inherited his stake and is managed by his widow, Katie.
The sale of a minority stake will open the door to attracting more investors in the future, the publication notes.
According to FT sources, the deal could provide greater stability for the business, which remains highly profitable. The platform allows creators to monetize their content directly through subscriptions. Last year alone, the company paid out a record $701 million in dividends.
The OnlyFans platform plans to collaborate with Architect on developing financial services for content creators, who often have limited access to traditional banking services. The fund is financing the deal through a specially created vehicle involving other investors.
Previously, OnlyFans had considered selling a controlling stake valued at over $5 billion, but the decision to settle for a smaller stake without relinquishing control lowered the current valuation of the deal.
Previously, in late 2025, Architect Capital was already in exclusive talks to purchase a controlling stake. Among other potential investors was Forest Road Company, backed by British billionaires David and Simon Reuben.
Leonid Radvinsky acquired Fenix International, the company that owns OnlyFans, in 2018 and transformed the platform into one of the most successful British startups.
The platform retains a 20% commission on subscriptions and content sales. In 2024, it had over 4.6 million creators and an estimated 377 million users, with revenue reaching $1.4 billion. In 2024, users spent $7.2 billion on the service through subscriptions, tips, and paid requests. Since 2021, Radvinsky has received nearly $1.8 billion in dividends.
Billionaire and OnlyFans owner Leonid Radvinsky died in March of this year.
