UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor
by Dan Milmo Global technology editor from Technology | The Guardian on (#750PZ)
Adult video platform to sell minority stake to increase stability after death of its owner Leonid Radvinsky
OnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (2.2bn).
The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times. Sources familiar with the process confirmed the talks to the Guardian.
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