Your go-to source for the latest crowdfunding news. We track industry trends, platform updates, regulatory changes, and success stories — so you always know what's happening in the world of crowdfunding. New updates published daily for investors and project creators.
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Lit Motors has finalized its Balance Control System and advanced the X-1 prototype, supported by a successful Wefunder equity crowdfunding campaign that raised over $1.6 million. This funding contributed to a 61% increase in pre-orders, now exceeding 1,500 vehicles. The company is preparing guided roadshows and live test drives to validate market demand.
Community radio station TBC has started a crowdfunding campaign on Givealittle to finance the construction of a new permanent studio in Auckland. The campaign aims to support costs related to the move and studio build, ensuring continued broadcasting and community events. Donations are accepted via Givealittle, Ko-fi, and at fundraising events until July 18th.
Xiaomi has introduced the Mijia Smart Tea Bar Pro, a multifunctional tea station, on its Youpin crowdfunding platform. The device features rapid water boiling, a touchscreen, voice assistant integration, and a sterilization compartment. Official sales are set to begin on July 20, with a reported price of around $150. The product targets both home and office users seeking automated tea preparation.
Senator Todd Young has introduced S. 4943, the Outcomes-Based Financing for Students Act, which would establish federal rules for income-based student financing arrangements. The bill sets consumer protections, disclosure requirements, and limits on state regulation. It also addresses tax treatment, bankruptcy, and credit reporting for these products. Several fintech companies could be indirectly affected by the proposed changes.
Azerbaijan is set to make income from crowdfunding tax-free, according to Elmin Mammadov. This regulatory change aims to encourage the use of crowdfunding platforms in the country. Details on implementation and scope are yet to be clarified.
Xiaomi has launched the Mijia Monitor Light Bar 2, featuring a wireless controller, through a crowdfunding campaign. The campaign allows early supporters to back the new product before its general release. Details on pricing, features, and campaign duration are provided to potential backers.
Tightened government regulations on household loans have driven a surge in demand for P2P lending platforms, with personal credit loan balances rising over tenfold in a year. The total on-to-up loan balance reached KRW 2.3 trillion, marking an 86.6% annual increase. The market is shifting from real estate-backed loans to personal credit and stock loans, raising concerns about regulatory blind spots.
The Open Book Touch, an open hardware e-reader, has launched a crowdfunding campaign on Crowd Supply. The campaign has raised $25,658 of its $45,000 goal from 131 backers, with five weeks remaining. The device features a 4.26-inch e-paper touchscreen, open source firmware, and a user-replaceable battery. Shipping is targeted for early 2027, with manufacturing handled by NextPCB and fulfillment by Mouser.
VibeLens has started a Kickstarter campaign for the MusicCam Pro, a wearable device combining bone conduction audio and an action camera. The campaign offers early backers a price of $229, with retail pricing set at $399 after the campaign. The device features a tilting camera, AI video processing, and extended battery options. Deliveries are expected to begin later this year.
P2P-Banking.com reports that international P2P lending platforms originated a combined €195 million in loans during June 2026. The data covers multiple marketplaces, with Mintos, Bondora, and Loanch leading in volume. Figures are converted to euros for comparison and include both exact and estimated values.
The proposed Kerala high-speed rail corridor will raise ₹24,000 crore—40% of its total cost—through public share participation and NRI investment using a crowdfunding model. The project aims to attract retail investors, offering an initial annual return of 8.09%. The remaining funding will come from central and state governments. The initiative follows successful public-private partnership models in the region.
Anna and Emily are raising funds on Whydonate to help build a hospital in rural Cambodia, where their parents work as doctors. The campaign involves the girls walking 5 km daily for four days to highlight the need for local healthcare. The initiative aims to reduce the distance families must travel for medical emergencies.
