Alpaca, a US-based self-clearing broker-dealer and brokerage infrastructure API, has secured $52m in a Series C financing round.
Both new and existing investors, including 850 Management, Derayah Financial, National Investments Company, Portage Ventures, and Unbound, participated in the funding round.
The financing aims to advance Alpaca’s global expansion and enhance its product offerings, positioning the company as a leader in the financial services industry.
Alpaca intends to use the funds to extend its reach to enterprise institutions and fintech companies across key regions such as Asia, the Middle East, and the US.
Currently, Alpaca supports over 200 partners from more than 40 countries, powering around 5 million brokerage accounts through its institutional-grade APIs and self-clearing custody services.
The company provides global access to stocks, ETFs, options, and fixed income products, with plans to introduce 24/5 trading.
This initiative aligns with the growing demand for continuous access to financial markets.
According to the US Federal Reserve data, overseas investors held $16.5tn, or 18%, of US equities in Q4 2024.
In 2024, Alpaca launched significant products, including US options trading, instant funding support, and High-Yield Cash and IRA accounts.
To date, Alpaca has raised over $170m in funding, with backing from global investors such as Elefund, Horizons Ventures, Portage Ventures, and SBI Group, among others.
Alpaca co-founder and CEO Yoshi Yokokawa said: “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.
“This funding round is a testament to the hard work and dedication of our team and the strong partnerships we have built. We are excited to embark on this next phase of growth and deliver even more value to our customers globally.”
