Alpaca Raises $52M in Series C Funding

▤ Summary

Alpaca, a NYC-based self-clearing broker-dealer and brokerage infrastructure API, raised $52M in Series C funding. The company intends to use the funds to accelerate its global expansion and the development of its product offerings. Led by CEO Yoshi Yokokawa, Alpaca is a self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options. During the last year, the company launched key products like US options trading, instant funding support, and High-Yield Cash and IRA accounts. Alpaca also serves both enterprise institutions and fintechs across key regions like the US, the Middle East, and Asia.

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