Alpaca

Alpaca is a provider of brokerage infrastructure APIs that allow financial institutions, fintechs and developers to build commission-free, embedded investing and trading applications. The platform covers stocks, ETFs, options, fixed income and crypto, and is operated by a US-headquartered, self-clearing broker-dealer, combining proprietary technology with regulated infrastructure and regulatory approvals across multiple jurisdictions.

The company's products include Brokerage Infrastructure APIs for building customisable investing applications across several asset classes, and commission-free trading infrastructure for embedded finance and trading use cases. Reported scale figures include more than 61,000 monthly active developers, over 7m brokerage accounts opened through the platform, and hundreds of financial institutions powered across more than 40 countries. Technical work spans trading APIs, self-clearing broker-dealer infrastructure, multi-asset trading systems and regulatory compliance infrastructure.

Alpaca employs more than 230 professionals in a globally distributed team with presence in the United States, Canada, Japan, Hungary, Nigeria, Brazil and the United Kingdom. The company has raised more than $320m in total funding, with investors including Portage Ventures, Spark Capital, Tribe Capital and Y Combinator. Its stated mission is to open financial services to everyone on the planet.