Alpaca Welcomes Mayuresh Kini as CEO of Alpaca India
Blog post from Alpaca
Alpaca has officially entered the Indian market by acquiring Zincmoney, a regulated broker-dealer in Gujarat International Finance Tec-City (GIFT City), marking a significant milestone in its global expansion strategy. With Mayuresh Kini, co-founder of Zincmoney and an experienced figure in India's fintech ecosystem, appointed as CEO of Alpaca India, the company aims to leverage his expertise to build and scale operations in compliance with local regulations. This strategic move positions Alpaca to connect Indian investors with global markets through an API-driven brokerage infrastructure that supports various financial products. The acquisition underscores Alpaca's mission to democratize financial services globally by establishing a standardized brokerage infrastructure while ensuring compliance and scalability in one of the world's fastest-growing financial ecosystems.