Alpaca partners with SBI Holdings to expand API brokerage platform across Asia

Further solidifying its presence in Asia, Alpaca recently acquired a broker-dealer license under the Japan Financial Services Agency (FSA). The license enables Alpaca to offer U.S. stock investing services in Japan, broadening its infrastructure for enterprise financial institutions and startups.

Alpaca, a developer-first API brokerage platform for stock and crypto trading, announced a strategic partnership with Japan’s SBI Holdings. The collaboration aims to expand Alpaca’s business operations and extend its services to enterprise financial institutions in Asia for the clearing and execution of U.S. securities.

As part of the partnership, SBI Group has invested $15 million in Alpaca, bolstering the latter’s plans to expand its footprint in the Asian region. Both parties have committed to collaborative business development efforts and the introduction of innovative products tailored to the local markets.

“We are thrilled to welcome SBI as our strategic partner and to deepen our footprint within the Asian region,” said Yoshi Yokokawa, Co-founder and CEO of Alpaca. “This partnership will significantly accelerate our mission of opening financial services to everyone on the planet.”

Alpaca acquired FSA license to offer US stock offering in Japan

Further solidifying its presence in Asia, Alpaca recently acquired a broker-dealer license under the Japan Financial Services Agency (FSA). The license enables Alpaca to offer U.S. stock investing services in Japan, broadening its infrastructure for enterprise financial institutions and startups.

“Our investment in Alpaca directly aligns with our strategic vision to show our commitment to accelerate new product innovation and value creation for end customers,” said Shohei Yamada, Deputy General Manager of SBI Investment. “We are amazed by the growth and innovation velocity that Alpaca has shown and are excited to support their even further expansion in the Asian region.”

Alpaca’s API brokerage platform already supports hundreds of businesses in nearly 30 countries, including Turkey, Saudi Arabia, Indonesia, Thailand, and India. To date, the company has raised more than $120 million in funding from leading industry investors worldwide.

Alpaca is a California-based fintech firm that offers stock and crypto trading, real-time market data, and end-to-end brokerage infrastructure through modern APIs. SBI Group, established in 1999, is a Japan-based financial services conglomerate with more than 400 billion yen in assets under management for venture capital and private equity investments.

With a $15 million investment and commitment to introduce localized products, this collaboration is set to reshape the dynamics of financial services across the region.

Financefeeds.com