Multi Award Nominated Cam Platform Cam4’s UK Expansion Gains Momentum with Industry Veteran Mark Hassell Joining as Regional Manager [London, 6th November 2023] – Cam4, the renowned Freemium Cam Platform, is making waves in the UK adult entertainment industry with its ambitious plan to onboard a plethora of new broadcasters. The platform has taken a significant stride in this direction …
CashApp shocks users with lower limits
CashApp has shocked users with new lower limits. Users suddenly found their sending/receiving limits reduced to just £100 per month (down from £1500 and £10,000 per week) and balance limits reduced to £500 from £10,000 While there were initial fears this was further restriction on those in the adult industry, the changes appear to be rolled out for all users. …
SpankPay closure – A blow for crypto.
The adult-themed SpankPay payment service announced Monday that it would shut down after its upstream payment processor, Wyre Payments, terminated its agreement with the company. Wyre cited “violations of any third-party payment processor or network rules,” in February. “This was a targeted shutdown by Wyre because their new payment processor, Checkout.com, doesn’t work with adult businesses,” the company tweeted. This …
Mindgeek Acquired by Private Equity Firm
Pornhub and Brazzers parent company MindGeek has been acquired by a new Ottawa private equity firm, Ethical Capital Partners. The news was first reported today this morning by Canadian newspaper The Globe and Mail. Ethical Capital Partners, the Globe and Mail reports, was “set up by criminal defense lawyers and a former law enforcement agent with ties to the Canadian …