diff --git a/BACKERS.md b/BACKERS.md
new file mode 100644
index 00000000000..1b1aedeb3b6
--- /dev/null
+++ b/BACKERS.md
@@ -0,0 +1,11 @@
+<h1 align="center">Sponsors &amp; Backers</h1>
+
+Faker is an MIT-licensed open source project with its ongoing development made possible entirely by the support of the awesome sponsors and backers listed in this file. If you'd like to join them, please consider [sponsor Faker development](https://opencollective.com/fakerjs).
+
+### Sponsors
+
+![](https://opencollective.com/fakerjs/organizations.svg)
+
+### Backers
+
+![](https://opencollective.com/fakerjs/individuals.svg)
diff --git a/README.md b/README.md
index d49d69c5fc3..20195eaf577 100644
--- a/README.md
+++ b/README.md
@@ -195,8 +195,22 @@ const secondRandom = faker.datatype.number();
 console.log(firstRandom === secondRandom);
 ```
 
+## Sponsors
+
+Faker is an MIT-licensed open source project with its ongoing development made possible entirely by the support of these awesome backers
+
+### Sponsors
+
+![](https://opencollective.com/fakerjs/organizations.svg)
+
+### Backers
+
+![](https://opencollective.com/fakerjs/individuals.svg)
+
 ## Contributing
 
+Please make sure to read the [Contributing Guide](https://github.com/faker-js/faker/blob/main/CONTRIBUTING.md) before making a pull request.
+
 ### Building Faker
 
 The project is being built by [esbuild](https://esbuild.github.io) (see [bundle.ts](scripts/bundle.ts))
@@ -244,6 +258,20 @@ pnpm run docs:serve # Serve docs from /dist
 
 The website is kindly hosted for free by the Netlify team under their Open Source plan. See the [netlify.toml](netlify.toml) for configuration.
 
+### Thank you
+
+Thank you to all the people who already contributed to Faker!
+
+<a href="https://github.com/faker-js/faker/graphs/contributors"><img src="https://opencollective.com/fakerjs/contributors.svg?width=800" /></a>
+
 ## What happened to the original faker.js?
 
 Read the [team update](https://fakerjs.dev/update.html) (January 14th, 2022).
+
+## Changelog
+
+Detailed changes for each release are documented in the [release notes](https://github.com/faker-js/faker/blob/main/CHANGELOG.md).
+
+## License
+
+[MIT](https://github.com/faker-js/faker/blob/main/LICENSE)