Todd Spangler NY Digital EditorThe founder and CEO of OnlyFans, the social site whose user and revenue growth boomed thanks to X-rated content, said the company would “absolutely” welcome pornographic material back on the site — but that for now, OnlyFans is at the mercy of banks that refuse to do business with it.OnlyFans founder and chief exec Tim Stokely placed the blame for the U.K.
company’s move to ban sexually explicit content as of Oct. 1, announced last week, on several major banks in an interview with the Financial Times published Tuesday.“The change in policy, we had no choice — the short answer is banks,” Stokely said.
Read more on variety.com