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If my project is successfully funded in Kickstarter, how soon do I receive the money?

8 months ago
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The timing of receiving funds from a successfully funded Kickstarter project can vary depending on several factors. Here is a detailed breakdown of the process: 1. Project Duration: Kickstarter campaigns typically run for a set duration, usually between 30 to 60 days. During this time, project creators promote their campaigns, attract backers, and collect pledges. 2. Funding Goal: In order to receive the funds, a project must meet or exceed its funding goal within the campaign duration. If the goal is not reached, no funds are collected, and backers are not charged. 3. Pledge Collection: Once the campaign ends, Kickstarter begins the process of collecting the pledged funds from backers. They use the payment information provided by the backers to charge their accounts. 4. Processing Time: Kickstarter usually takes around two weeks to process the payments. This period allows them to ensure that all transactions are legitimate and to handle any issues or failed payments. 5. Payment Transfer: After the processing period, the funds are transferred to the project creator's bank account. Kickstarter uses a third-party payment processor called Stripe to handle the transfer. The transfer usually takes a few days to complete, depending on the bank and country involved. 6. Bank Processing Time: Once the funds are transferred to the project creator's bank account, the time it takes for the funds to become available can vary. Banks may have their own processing times, which can range from a few days to a week. Overall, it can take anywhere from a few weeks to a month or more from the end of the campaign to receive the funds from a successfully funded Kickstarter project. The exact timing depends on factors such as the duration of the campaign, payment processing, and bank procedures. It's worth noting that Kickstarter provides updates and communication throughout the process to keep project creators informed about the status of their funds. They also have a comprehensive FAQ section and support system to address specific concerns related to fund disbursement. References: - Kickstarter: How Kickstarter Works - https://www.kickstarter.com/help/faq/kickstarter+basics - Kickstarter: Getting Paid - https://www.kickstarter.com/help/faq/creator+questions

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