Alpaca partners with SBI Holdings after $15m investment
Alpaca has announced a partner ship and a $15 million strategic investment from Japanese financial services group SBI Holdings. The partnership aims to accelerate Alpaca’s expansion in Asia, especially in Japan, where SBI Holdings has a strong presence and influence in the financial sector. Alpaca and SBI Holdings will collaborate to offer Alpaca’s API trading platform to SBI’s customers and partners and explore new opportunities and markets in the region. The investment is part of Alpaca’s series B funding round, which raised $50 million. The round was led by Tribe Capital, with participation from existing investors such as Spark Capital, Portag3, Social Leverage, and Horizons Ventures. The investment will help Alpaca to enhance its product development, customer support, and global expansion. You might also like: SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan Alpaca is a leading commission-free stock trading API provider,...