Alpaca Secures $52 Million in Series C Funding to Fuel Global Expansion and Leadership in Fintech

Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, raised $52 million in a Series C funding round to fuel global expansion and category leadership. The funding will be used to expand its global presence, serving enterprise institutions and fintechs across key regions. Alpaca aims to build the global de facto standard infrastructure for investing, offering global access to stocks, ETFs, options, and fixed income, with plans to launch 24/5 trading soon.

Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, has raised $52 million in a Series C funding round. The funding will be utilized to fuel global expansion and strengthen Alpaca's position as a leader in the brokerage infrastructure category [1]. The funds will support the company's mission to build the global de facto standard infrastructure for investing, offering global access to stocks, ETFs, options, and fixed income. Additionally, Alpaca plans to introduce 24/5 trading services soon.

The funding round was led by a group of investors that included institutional investors and venture capital firms. The capital infusion will enable Alpaca to expand its global presence, particularly in key regions where enterprise institutions and fintechs are increasingly adopting advanced brokerage technologies.

Alpaca's CEO, Chris McClary, stated, "This funding round will enable us to significantly expand our global footprint and provide our enterprise clients with the tools they need to compete in today's fast-paced financial markets. We are excited to bring our innovative infrastructure to more investors worldwide."

The company's growth trajectory has been impressive, with a focus on providing low-cost, high-performance trading platforms for both retail and institutional investors. Alpaca's API-based approach has made it a popular choice among developers and fintech companies, allowing them to integrate advanced trading capabilities into their applications seamlessly.

As Alpaca continues to grow, it aims to maintain its commitment to innovation and customer satisfaction. The company's strategy includes not only expanding its global reach but also enhancing its existing services to meet the evolving needs of its clients.

References:
[1] https://www.businesswire.com/news/home/20240104999028/en/Cambria-Launches-Two-New-ETFs-Micro-and-Small-Cap-Shareholder-Yield-and-Fixed-Income-Focused-Tactical-Yield