Fintech company Alpaca completes US$52 million in Series C financing, with 850 Management, Derayah and others participating in the investment
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04-27 09:04
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According to official sources, fintech infrastructure provider Alpaca completed a $52 million Series C funding round. Investors in this round include 850 Management, Derayah, Kuwait Investment Company, Portage Ventures and Unbound. Alpaca said the round will be used to continue building its API-first infrastructure and accelerate global expansion to develop products including 24/5 transactions and fully paid securities lending. It is reported that the company provides developers-oriented stock, options and cryptocurrency trading interfaces.
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