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5ft8cel
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The company handled more than $2 billion in sales last year. Since it takes a 20% fee from sales, that would equate to about $400 million in revenue.
The site is growing at a rate of over 100% per year and has paid out over $3 billion to earners on its platform. It has 1.25 million creators and over 130 million registered users.
OnlyFans, an online site where adult "entertainers" and celebrities charge onlookers for access to videos and photos, is now raising funding at a valuation of more than $1 billion.
The company is profitable, according to Bloomberg, who cited people with knowledge of the matter. With new investors, the company is trying to shake off its reputation for pornography and make a pivot to a more mainstream platform.
The site is growing at a rate of over 100% per year and has paid out over $3 billion to earners on its platform. It has 1.25 million creators and over 130 million registered users.
OnlyFans, an online site where adult "entertainers" and celebrities charge onlookers for access to videos and photos, is now raising funding at a valuation of more than $1 billion.
The company is profitable, according to Bloomberg, who cited people with knowledge of the matter. With new investors, the company is trying to shake off its reputation for pornography and make a pivot to a more mainstream platform.
