February 2023 Summaries

We’re excited to announce that Alpaca has been recognized on Y Combinator’s Top Private Companies 2023 list, which features more than 290 high-growth companies across 40 countries ranked by valuation. This recognition is a testament to the collective efforts of Alpaca members worldwide and reflects the company's passion, dedication, and teamwork. Alpaca joins industry-leading fintech companies such as Coinbase, Stripe, and Brex on the list, which selects from nearly 4,000 companies with a combined evaluation of $600 billion since 2005. The company is backed by top investors globally and has raised over $100m in funding to deliver innovative solutions for its customers through modern APIs.

InvestSky is a social investing platform that aims to empower non-professional investors by providing an inclusive and intuitive way to trade stocks on a commission-free basis, starting from $1 per share. The platform allows users to buy fractional stocks and provides a socially connected ecosystem for collaboration, while also offering advanced tools and insights. InvestSky has partnered with Alpaca, a developer-first embedded financial technologies platform, to provide seamless trading and investing services to retail investors in the UAE. By leveraging Alpaca's brokerage services, InvestSky aims to make the stock market more accessible to underserved retail investors across the region, with plans to expand to other Gulf Cooperation Council (GCC) markets.