The hugely popular crowd-sourced funding website Kickstarter is planning to officially launch in the U.K. later this year, it announced on its Twitter feed Monday.

"People in the U.K. will be able to launch projects on Kickstarter starting this autumn! More info soon!," Kickstarter said.

Those in the U.K. can already set up Kickstarter fundraising projects, but they need to have a U.S. bank account to do so. Meanwhile, U.K. startups already have a number of local alternatives to Kickstarter, such as the fundraising platform Crowdfunder and the newly launched Seedrs.

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