Drive Capital led a $150m Series D round in Alpaca.

Drive Capital, a venture capital firm, led a $150m Series D round in Alpaca, a developer-first API for stock, with participation from Citadel Securities, Opera Tech Ventures, MUFG Innovation Partners, Flat Capital, DRW Venture Capital, Kraken, Altered Capital, Endeavor Catalyst. Portage, Horizons Ventures, Social Leverage, Unbound, Diagram, and Derayah Financial. “Our mission is to open financial services to everyone on the planet. We’re proud to contribute to Saudi Vision 2030 by building the global standard for brokerage infrastructure, including infrastructure that enables Shariah-compliant investing, empowering partners to build financial services that align with Islamic law. This raise gives us the fuel we need to continue delivering infrastructure that serves our global enterprise partners and active traders,” Yoshi Yokokawa, Alpaca Co-Founder and CEO.