OnlyFans parent sells 16% stake to Architect Capital at $3.15B valuation
OnlyFans parent Fenix International sold a 16% stake to San Francisco-based Architect Capital for $535 million, giving the company a $3.15 billion valuation. The deal was announced following the April death of founder Leonid Radvinsky; his widow, Yekaterina Chudnovsky, now controls the company. In fiscal 2024, OnlyFans posted $7.22 billion in gross revenue and $1.41 billion in net revenue, up 8% year over year. The platform has paid out more than $25 billion to creators since 2016 and currently counts 4 million registered creator accounts and 377 million registered fans globally. Architect Capital, which specializes in fintech and e-commerce lending, will help OnlyFans build financial services for creators who are, per the company, "often underserved by traditional financial institutions."
THE BREAKDOWN
OnlyFans now has a formal institutional valuation at $3.15 billion -- use that number in rate conversations when talent asks about platform-specific deal terms. The investment signals an expanded financial services buildout for creators, which could include advance payment products or data-backed financing similar to what Spotify has piloted. Managers representing talent on OnlyFans should ask about preferred creator status tiers that may accompany the Architect Capital integration. The 16% stake at $535 million implies Fenix generates well over $600 million in operating profit annually -- that is leverage for premium creators to negotiate better revenue splits.
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