Alpaca Raises $52 Million in Series C Funding to Fuel Global Expansion and Category Leadership
Summary
This round saw participation from new and returning investors, including Derayah Financial, 850 Management, National Investments Company (NIC), Unbound, and Portage Ventures. With this raise, Alpaca sets its sights on continued global expansion, serving both enterprise institutions and fintechs across key regions like the US, the Middle East, and Asia. This will add to the 200+ global partners from 40+ countries already supported by Alpacas institutional-grade APIs and self-clearing custodyactively powering over 5 million brokerage accounts today. Alpaca had a landmark year in 2024, launching key products like US options trading, instant funding support, and High-Yield Cash and IRA accounts. 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, said Yoshi Yokokawa, Alpacas Co-Founder & CEO.