May 2024 Summaries

Alpaca has received the "Best API" award from Postman during their annual API Network Awards, recognizing its commitment to the developer community and opening financial services globally. The ceremony celebrated innovation and excellence in APIs, with Alpaca's API being among the most used on the Postman API Network due to its consistent investment in enhancing the developer experience. This award demonstrates the value of Alpaca's API-first approach and its strong belief in the power of API and developer community. The recognition from Postman highlights Alpaca's dedication to building APIs that are easy to learn and use, as well as its continued investment in improving the developer experience.

We have simplified and automated the onboarding process for business entity customer onboarding, eliminating unnecessary back-and-forth steps. Our new flow allows corporate documents to be uploaded in a standard browser flow, with automated business verification behind the scenes. The user interface has been upgraded for a better experience, making it clear what is expected in each step. This improvement enables businesses to accelerate their account onboarding process from days to hours, covering more use cases such as business entities from different countries and types of businesses.

Alpaca has announced the expansion of its Broker and Trading API offerings to include options trading, enabling fintech organizations to tap into the growing interest in options instruments and diversified investment strategies. The company's mission to open financial services to everyone on the planet is reflected in this development milestone. With the launch of options trading, Alpaca aims to capitalize on the trend of retail investors seeking short-dated options for market direction bets, while also providing a competitive pricing model and easy integration process for partners.

eccuity is a platform that aims to democratize access to investment information and assets in New Zealand by bridging the gap between DIY platforms and traditional wealth management services. Founded in 2021, eccuity's mission is to centralize financial literacy, investment planning, and confident execution among investors through its innovative features and values-driven process. The platform offers a range of tools, including AI-powered insights, asset tracking, multi-ordering, and scheduling, as well as access to exclusive private wealth management services. Eccuity has partnered with Alpaca, a developer-first API brokerage platform, to provide its users with premium features and expand its offerings in the global investing landscape.

Eccuity, founded in late 2021 by Charlie Meaden, Abinesh Krishan, and Nathan Bryant-Taukiri, aims to democratize investment access and bridge the gap between DIY platforms and traditional wealth management services in New Zealand. The platform empowers investors by centralizing financial literacy, investment planning, and execution, emphasizing innovation, user-centricity, and community transparency. Eccuity offers several features, including investing in US stocks, ETFs, and cryptocurrencies, an AI Assistant for data-driven insights, and personalized wealth management through eccuity Private. Partnering with Alpaca, a developer-first API brokerage platform, eccuity leverages Alpaca’s modern API to enhance its brokerage offerings, allowing users to invest in both stocks and crypto. This collaboration underscores their shared vision of increasing global financial accessibility and simplifying investment complexities, with Alpaca providing support through its innovative brokerage infrastructure. The partnership highlights the potential of API-first, technology-driven solutions in reshaping the investing ecosystem in Oceania, emphasizing the importance of personalization and collaboration in the investment community.