OnlyFans is preparing to sell a stake following the death of Leonid Radvinsky
This has been reported by the Financial Times, Bloomberg and The Guardian.
According to Western media reports, the buyer could be Architect Capital from San Francisco. If the parties finalise the deal, it could be concluded as early as May. However, control of the platform will remain not with the new investor, but with the family trust that holds the shares following the death of Leonid Radvinsky.
The Guardian reports that the sale of a small stake is seen as a way to bring stability to the business following Radvinsky’s death. The publication also notes that Architect Capital is interested not only in the platform itself, but also in the opportunity to develop financial services for content creators, who often have limited access to traditional banking services.
Leonid Radvinsky, whom Reuters described as the Ukrainian-American owner of OnlyFans, died in March 2026 from cancer at the age of 43. The agency reported at the time that the company had confirmed his death.
Back in January, Reuters reported that OnlyFans was in talks to sell not a minority stake, but nearly 60% of Architect Capital’s stake. At the time, the company was valued at approximately $5.5 billion including debt, or around $3.5 billion excluding debt. The current model, involving the sale of a smaller stake, explains why the new valuation of the business is lower than previous estimates.
Financially, OnlyFans remains a highly profitable platform. The Guardian, citing the company’s latest financial statements, reported that in the financial year ending November 2024, revenue reached $1.4 billion, pre-tax profit was $684 million, payments to creators amounted to $7.2 billion, and dividends to the owner in 2024 reached a record $701 million.
Thus, following the death of its owner, OnlyFans is transitioning to a new management model: without a change in control, but with the involvement of an external investor. The parties have not yet publicly disclosed the final terms of the deal.
As reported by ThePublic, and as previously reported in the media, detectives from the Economic Security Bureau have gained access to the personal data of Ukrainian citizens registered on the OnlyFans platform, in accordance with a ruling by the Shevchenkivskyi District Court of Kyiv dated 20 September. This concerns user data, including identification details and information on income.
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