H
trending
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

© 2025 Hoyonews™. All Rights Reserved.
Facebook page

UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor

1 day ago
A picture


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.OnlyFans has decided that offloading a minority stake is the best guarantee of stability for a business dealing with the death of its owner, Leonid Radvinsky.

Radvinsky, a Ukrainian-American billionaire, died of cancer last month at the age of 43,It is understood that OnlyFans is interested in a deal with Architect because the firm has expertise in the financial services sector, reflecting the UK company’s interest in offering banking products to its creators, who have struggled to access such services owing to the nature of their work,OnlyFans is a highly profitable business synonymous with pornography, which is provided by creators who charge subscribers for access to their material,The site has a strict 18+ age limit,According to the latest accounts filed by OnlyFans’ parent business, Felix International, it has 4.

6m accounts registered to creators who split the proceeds from their subscriptions 80:20 with the platform.The site has 377m fan accounts, enabling users to buy videos from, and send messages to, their favourite performers.OnlyFans posted revenues of $1.4bn in the year to 30 November 2024, with a pre-tax profit of $684m – a rise of 4% over the prior year.Payments to creators were $7.

2bn over the same period, an increase of almost 10%.Radvinksy was paid $701m in dividends from OnlyFans in 2024, on top of the more than $1bn in such payments he had already received from the business.In January OnlyFans was reported to have been in talks with Architect about selling a majority stake of 60%, which followed reports the previous year that the company had been in talks about a sale to a consortium led by the Forest Road Company, a Los Angeles-based investment firm.If OnlyFans pushes ahead with a minority sale, it will mean control of the business will be with the family trust that holds Radvinsky’s shares.OnlyFans declined to comment.

Architect Capital has been contacted for comment.The subheading and text of this article were amended on 17 April 2026.An earlier version said Leonid Radvinsky was the founder of OnlyFans; however, he was the owner.
politicsSee all
A picture

Monday’s Mandelson showdown could be Starmer’s last stand | John Crace

On days like these you reckon the prime minister would have more chance of being believed if he had said the dog ate his homework. After all, it’s quite possible that Keir Starmer has not yet realised he doesn’t have a dog. His amnesia and lack of curiosity are a piece of performance art. Almost up there with Boris Johnson. Keir would probably take that as a compliment

about 24 hours ago
A picture

Starmer was left in dark about Mandelson’s vetting by two other top civil servants

Keir Starmer was left in the dark about sensitive information relating to Peter Mandelson’s security vetting by two other top civil servants, including the head of the civil service, the Guardian can reveal.The prime minister said on Friday that it was “unforgivable” and “staggering” that senior officials did not tell him that Mandelson failed a security vetting process weeks before he took up his role as ambassador to Washington.Olly Robbins was forced out of his job as permanent secretary of the Foreign Office on Thursday after it was revealed his department granted Mandelson developed vetting clearance against the advice of the relevant agency.Now the Guardian can reveal that two other top civil servants, including the cabinet secretary, Antonia Romeo, failed to immediately notify him when they discovered that UK Security Vetting (UKSV) had advised that Mandelson should be denied clearance.The Cabinet Office maintains that there was no undue delay because the civil servants were engaged in a process of “expedited checks” aimed at informing the prime minister as quickly as possible

1 day ago
A picture

Peter Mandelson’s vetting and where the blame lies | Letter

The enormous controversy about the vetting process leading up to, and following, the appointment of Peter Mandelson as UK ambassador in Washington reveals a labyrinth within Whitehall and our constitution – which is a revelation even to those of us who have been in public life for over half a century (Revealed: Mandelson failed vetting but Foreign Office overruled decision, 16 April).Three quite separate elements can appear contradictory, but can all be true at the same time. So, Keir Starmer could have been entirely telling the truth at the dispatch box last September when he said that all processes had been followed.It can be true that all existing processes were followed during the vetting process, but did not lead to any report back to the prime minister or other relevant ministers, because it has not been standard practice to notify politicians following such procedures. Of course, Peter Mandelson was not a civil servant, and the “normal” procedure was therefore not relevant to him

1 day ago
A picture

What happens during security vetting and why did Peter Mandelson fail his?

After Keir Starmer announced Peter Mandelson as his pick to be ambassador to the US in December 2024, officials in the Foreign Office contacted him to organise the security vetting clearance process.As with almost all of the 8,000 officials working in the Foreign Office’s Whitehall headquarters, Mandelson required a level of clearance known as developed vetting(DV). This is necessary for individuals in roles that require frequent and uncontrolled access to material marked top secret.The vetting process is not carried out by the Foreign Office. It is done by security officials who work for United Kingdom Security Vetting (UKSV)

1 day ago
A picture

Olly Robbins and Mandelson’s vetting: what did he do, why – and who knew?

Fiddling with his reading glasses, the then cabinet secretary, Sir Chris Wormald – sitting alongside the most senior civil servant in the Foreign Office, Sir Olly Robbins – suddenly appeared a little tense.The bonhomie evident in earlier answers had quite disappeared.It was 3 November 2025, and Peter Mandelson had been removed from his post as ambassador to the US two months earlier, after the disclosure of Jeffrey Epstein’s emails.MPs on the cross-party foreign affairs select committee were grilling the most senior civil servants involved in Mandelson’s appointment about the vetting and due diligence.Just over an hour in, Fleur Anderson, the MP for Putney, asked what can now be seen as a crucial question about the process: “In general, what is the end product of all that vetting? Does it all get put into one report? Who receives that report?”“The report is received by the employing department and employing line manager – in this case, that would be Sir Oliver,” Wormald responded, looking to his left towards Robbins

1 day ago
A picture

Five unanswered questions on Keir Starmer’s Mandelson debacle

Downing Street has tried to do a lot of explaining, as has Keir Starmer himself. But there are still plenty of things we do not know about how Peter Mandelson failed security vetting, and what the prime minister did or did not know about it.A fairly key question. Downing Street is clear: it is “staggering” that Mandelson failed vetting, and that the Foreign Office not only overruled this but told no one in No 10.However, Ciaran Martin, a former top civil servant with past involvement in vetting work – and a close friend of the ousted Olly Robbins – said this was an oversimplification

1 day ago
foodSee all
A picture

How to turn old bread into a brilliant Italian cake – recipe | Waste not

3 days ago
A picture

Roast chicken, cheesy scones and a genius cocktail: Ravinder Bhogal’s recipes for cooking with lime pickle

4 days ago
A picture

Vegemite is recognised globally – but how many people know Milo was invented in Australia?

4 days ago
A picture

What can I do with leftover rice? | Kitchen aide

4 days ago
A picture

José Pizarro’s recipe for nettle (or wild garlic) and goat’s cheese tortilla

5 days ago
A picture

Gone from shop shelves, but not forgotten | Letters

5 days ago