EDGE
Get a demo
Log In
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
All Updates

All Updates

icon
Filter
Funding
‧
Partnerships
Alpaca partners with SBI Group and raises USD 15 million via convertible note
FinTech Infrastructure
Oct 12, 2023
Older updates:
Partnerships
Sila partners with Fortress Trust to enhance product offerings
FinTech Infrastructure
Oct 10, 2023
Partnerships
Sila partners with MX to integrate bank account verification tools
FinTech Infrastructure
Nov 9, 2022
Management news
Sila appoints Rick Holt as its first CRO
FinTech Infrastructure
Sep 9, 2021
Funding
Sila raises USD 13 million in Series A funding
FinTech Infrastructure
Jul 26, 2021
FinTech Infrastructure

FinTech Infrastructure

View industry hub
Oct 12, 2023

Alpaca partners with SBI Group and raises USD 15 million via convertible note

Funding
Partnerships

  • Alpaca, a stock trading API provider, has partnered with SBI Group, a Japanese financial services firm, to support its business expansion plans and facilitate financial institutions on the clearing and trade execution of US securities in Asia.

  • Alpaca has also raised USD 15 million in convertible note financing from SBI Group, bringing its total funding up to USD 120 million. 

  • The company intends to use the funds in pursuing growth plans with collaborative business development efforts from SBI Group and introduce innovative products in Asia. 

  • Analyst QuickTake: Within the Investment and financial management services space, Alpaca’s USD 15 million convertible note financing follows Upvest’s EUR 30 million (~USD 31.9 million) raised yesterday, which was also earmarked to support regional expansion plans and expand product offerings.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.