Alpaca Secures $52M in Series C Funding to Expand Revolutionary Brokerage Technology Worldwide
Alpaca, a leading self-clearing broker-dealer based in the United States, has successfully secured $52 million in its latest Series C funding round. This significant investment underscores the company’s commitment to enhancing its brokerage infrastructure APIs and expanding its market presence.
Overview of Alpaca’s Funding Round
The recent funding round attracted participation from both new and returning investors, showcasing strong confidence in Alpaca’s business model. Notable investors in this round include:
- Derayah Financial
- 850 Management
- National Investments Company (NIC)
- Unbound
- Portage Ventures
Alpaca’s Innovative Services
Alpaca offers a comprehensive suite of brokerage infrastructure solutions that empower companies to provide trading and investing capabilities via APIs. The platform currently manages over 5 million brokerage accounts for more than 200 partners across 40 countries. Key features of Alpaca’s offerings include:
- Access to stocks, ETFs, options, and fixed income products
- A roadmap for introducing 24/5 trading to meet market demand
Future Expansion Plans
This latest influx of capital is set to drive Alpaca’s international expansion. The company is particularly focused on supporting enterprise institutions and FinTech firms in regions such as:
- The United States
- The Middle East
- Asia
Alpaca’s goal is to establish itself as the global de facto standard for investing infrastructure.
Recent Milestones in 2024
In 2024, Alpaca achieved significant growth milestones, including:
- The rollout of US options trading
- Instant funding support
- The launch of High-Yield Cash and IRA accounts
Leadership Insights
Yoshi Yokokawa, co-founder and CEO of Alpaca, expressed enthusiasm about the funding round, stating, “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.”
He further emphasized that this funding is a reflection of the hard work and dedication of the Alpaca team and its strong partnerships, paving the way for continued growth and enhanced customer value.
Learn More About Alpaca
For more information on Alpaca’s services and its impact on financial markets, visit their official website at Alpaca Markets. You can also explore related articles on FinTech News for the latest trends and updates in the industry.
