Kickstarter launches in the U.K.

Kickstarter, the popular crowd-funding website for innovative and creative projects, is branching out in the U.K. In an interview with BBC, Kickstarter co-founder Yancey Strickler said that one of the most requested features it has received so far is to expand internationally. Strickler then broke the news that the company has plans of expanding its business to other countries. “We certainly are interested. We’re going to see how the UK launch goes and figure out the next moves from there. There’s a lot of places that will be interesting,” he added.

Since it launched in 2009, Kickstarter has reportedly raised more than $340 million and more than 70,000 projects. One of the most successful projects to debut on the site is Ouya, a new video gaming console, which raised $8,596,474. While there are also other similar crowd-funding websites in the U.K., none of them can really par Kickstarter’s record. U.K. is now working on ways to support a range of new ways of lending, and the growth of innovative financing models such as crowd-funding

Gene Ryan Briones
Categories: General
Tags: Kickstarter