OnlyFans is banning “sexually explicit” content from its platform, with the app chalking up the decision to banking and payment partners
Photo: Gabby Jones/Bloomberg via Getty Images Stop us if you’ve heard this one before: . Bloomberg reported on August 19 that the ban will go into effect in October “to ensure the long-term sustainability of our platform, and to continue to host an inclusive community of creators and fans,” per an OnlyFans statement.
The subscription-based photo and video service had previously been a popular outlet for adult performers, allowing them to independently post and charge for content. According to the Verge, OnlyFans boasts over 2 million creators and 130 million users and did $2 billion in business in 2020 alone. Yet the app’s association with porn has led to issues finding investors, per a separate Axios report today.
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