San Mateo, CA based commission-free stock trading API closes 6m Series A round led by Spark Capital. Alpaca's API allows other startups to quickly build brokerage apps for free. It has already crossed $1 billion in transactions within a year of launch.
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Alpaca closes $6m Series A to be the "Stripe API for stocks"
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“I want to make sure that people even outside the U.S. have access” to a way of building wealth that’s historically only “available to rich people” Alpaca co-founder and CEO Yoshi Yokokawa tells me.
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