Crowdtilt Opens API So Anyone Can Create a Crowdfunded Project

Crowdtilt, a self-styled "Kickstarter for groups of friends," has released its API to let anyone create their own crowdfunding site.

In an example cited by the company, a vacation home rental site could for example let five friends pay their share for a vacation home rental and then only charge the credit cards if all five have paid. The API is also accessible for crowdfunding models under the JOBS Act.

Crowdtilt describes the offering as an "off-the-shelf solution to handle group payments" and a way to provide "groupfunding" rather than crowdfunding. Developers can pick from Balanced, Strip and Braintree, among other payment processors. The API also allows for comments, messaging, up…
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