Alpaca Secures $52 Million in Series C Funding to Propel Global Growth
Alpaca, the innovative self-clearing broker-dealer based in California, has successfully completed a US$52 million Series C funding round. This funding marks a significant milestone in Alpaca’s mission to enhance its brokerage infrastructure and expand its global reach.
Funding Details and Investor Participation
The announcement of the funding was made from Alpaca’s newly established office in Manhattan, New York. This latest round attracted both new and returning investors, including:
- Derayah Financial
- 850 Management
- National Investments Company (NIC)
- Unbound
- Portage Ventures
The participation of existing investors underscores their confidence in Alpaca’s strategic vision and growth potential.
Global Expansion Plans
With this new capital, Alpaca plans to enhance its international presence, focusing on:
- Enterprise institutions
- Fintech firms across the United States
- Growth markets in the Middle East and Asia
Currently, Alpaca supports over 200 partners in more than 40 countries, utilizing its institutional-grade APIs and self-clearing custody services to power over five million brokerage accounts.
Innovative Product Offerings
Alpaca is committed to developing a global standard infrastructure for investment services. They currently offer international access to a range of financial products, including:
- Stocks
- ETFs
- Options
- Fixed income products
Additionally, Alpaca plans to introduce 24/5 trading to meet the increasing demand for continuous market access.
Market Insights
According to recent data from the US Federal Reserve, overseas investors held a record US$16.5 trillion in US equities as of Q4 2024, representing 18% of the total market. This trend highlights the growing interest in global investment opportunities.
New Product Launches in 2024
In 2024, Alpaca introduced several new offerings, including:
- US options trading
- Instant funding support
- High-yield cash and IRA accounts
Leadership Vision
Yoshi Yokokawa, Co-Founder and CEO of Alpaca, expressed enthusiasm about the future:
“We have always been focused on enabling access and opportunity for everyone on the planet. This new chapter allows us to expand our efforts globally, supporting our partners and customers with the tools and infrastructure they need to thrive in modern financial markets.”
Yokokawa further emphasized that this funding round reflects the dedication of the Alpaca team and the robust partnerships they have cultivated, paving the way for the next phase of growth and value delivery to customers worldwide.
For more updates on Alpaca’s innovative services and expansion plans, visit our news page or check out Alpaca’s official website.
