Alpaca Hits $1.15B Valuation as It Raises $150M to Scale Brokerage Infrastructure
Hey FinTech Fanatic!
Alpaca just raised a $150M Series D at a $1.15B valuation, doubling down on its ambition to become the global standard for brokerage infrastructure.
The round was led by Drive Capital. The company powers trading and investing APIs for partners like Kraken, SBI Securities, and Dime!, supporting stocks, ETFs, options, and fixed income through a self-clearing custody model.
Alpaca now works with 300+ partners across more than 40 countries and has more than doubled revenue year over year.
The round also includes a $40M credit line, strengthening the balance sheet as the company secures licenses, expands institutional trading capabilities, and bridges traditional and on-chain markets.
Co-Founder & CEO at Alpaca, Yoshi Yokokawa, framed the raise around global access. He said the goal is to open financial services worldwide, including infrastructure that enables Shariah-compliant investing.
Wondering what’s next for FinTech? Dive into today’s updates 👇 Back tomorrow with more stories shaping the industry.
Cheers,
Marcel
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