Скачать или смотреть Alpaca Raises $150 Million Series D Round

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Alpaca, a global leader in brokerage infrastructure whose APIs empower partners like Kraken, SBI Securities, and Dime!, today announced it has raised a $150 million Series D led by Drive Capital that values the company at $1.15 billion. Drive Capital’s Co-Founder and Partner, Chris Olsen, will join Alpaca’s Board of Directors as part of the investment. The company also secured a $40 million line of credit, further strengthening its balance sheet as it continues to expand globally. Alpaca’s scalable APIs and self-clearing custody enable global access to stocks, ETFs, options, crypto and fixed income products. Today, Alpaca has partnered with over 300 organizations in more than 40 countries — supporting millions of brokerage accounts at leading financial institutions and fintechs. Late last year, Alpaca revealed that it had powered 94% of all tokenized U.S. equities and ETFs in its tokenization report, underscoring its central role in the convergence of fiat and on-chain rails. That momentum has translated into strong business performance, with the company more than doubling its year-over-year revenue.

In a statement Yoshi Yokokawa, Co-Founder and CEO of Alpaca said, “Our mission is to open financial services to everyone on the planet.” “We are building the global standard for brokerage infrastructure so our partners can bring investing to more people. This raise gives us the fuel to deliver more faster to both our enterprise partners and active traders globally.”

Alpaca is a US-headquartered, self-clearing broker-dealer and a global leader in brokerage infrastructure APIs. lpaca delivers embeddable finance solutions for tokenization, fully paid securities lending, high-yield cash, 24/5 trading, Shariah-compliant investing and more. Today, Alpaca powers over 9 million brokerage accounts across hundreds of fintechs and institutions in 40+ countries with over $320M in funding. AlpacaDB Inc., the parent company of Alpaca Securities LLC and Alpaca Crypto LLC, provides services and technology, including the brokerage infrastructure API supporting Alpaca’s financial services.