Crowdfunding site Kickstarter to launch in the UK | Tech News

The Telegraph reports that Kickstarter, the American crowdfunding website, is set to be launched in the UK.

A funding platform for new businesses and creative projects, the crowdfunding website describes itself as “a new form of commerce and patronage,” supporting a wide range of projects and endeavors.

Formerly known as KickStartr, the website was launched in 2009 and is looking to take off in the UK. With Kickstarter’s services currently limited to US registered businesses, the popular platform’s founders plan to launch a new UK website, announcing via their Twitter feed:

“People in the UK will be able to launch projects on Kickstarter starting this autumn. More info soon!”

The American site has funded over 20,000 projects, famously backing the Pebble watch with a successful initiative which attracted 70,000 backers and over $10 million.

Kickstarter has also provided its services to fund video games, with UK-based developers raising $625,143 for the Carmageddon sequel.

Kickstarter’s use of Amazon payments requires users to have a US bank account. Several UK companies have overcome this obstacle by setting up a stateside account or partnering with American companies.

Going international, Kickstarter is hoping to open its doors and arms to budding creators and creatives around the world, aiding projects across the globe with its inspiring support.