Alpaca Completes EEA Passporting to 29 Countries, Expanding Access to Regulated Investment Services Across Europe

Alpaca now provides regulated, localized investment services across the European Economic Area

MADRID--(BUSINESS WIRE)--Alpaca, a global leader in brokerage infrastructure APIs, today announced that it has completed the process to passport its regulated and localized investment services across 29 countries in the EEA (European Economic Area) through its Spain-based EEA hub.

The completion of EEA passporting enables Alpaca to extend the regulatory foundation established through its European entity, which is authorized and registered with Spain’s Comisión Nacional del Mercado de Valores (CNMV), across the EEA under the MiFID II framework. Together with Alpaca’s regulated UK entity, this milestone strengthens Alpaca’s ability to support fintechs, financial institutions, and enterprise partners building regulated investment products across Europe, reaching a market of nearly 500 million people.

The passported countries include Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, and Sweden.

For fintechs and financial institutions across these markets, the completion of EEA passporting means access to Alpaca’s API-driven investment infrastructure through a single, locally authorized European entity. Businesses building investment products across the region can work with Alpaca for account infrastructure, custody, and trading capabilities without pursuing separate authorizations market by market.

“Completing EEA passporting is a major step in making Alpaca a truly regional infrastructure partner in Europe,” said Karan Shanmugarajah, CEO of Alpaca Europe. “Fintechs and financial institutions can access regulated, localized investment services through a single European entity. By combining local regulatory expertise with Alpaca’s API-first technology, we are making it easier for partners to build, launch, and scale investment products across Europe.

The milestone follows Alpaca’s European expansion last year, including its acquisition of WealthKernel and the launch of Alpaca in Europe.

“Our goal is to make regulated investment infrastructure easier to access, easier to integrate, and easier to scale across markets,” said Yoshi Yokokawa, CEO and Co-Founder of Alpaca. “This milestone reflects our commitment to building secure, localized infrastructure for partners across Europe. With Alpaca’s investment services now passported across the EEA, alongside Alpaca’s licensed UK operations and U.S.-headquartered, fully licensed self-clearing brokerage infrastructure, we’re giving fintechs and financial institutions a stronger foundation to launch and scale cross-border investment products.”

About Alpaca

Alpaca is a US-headquartered, self-clearing broker-dealer and global leader in brokerage infrastructure APIs, powering access to traditional and on-chain asset classes. Today, Alpaca supports over 10 million brokerage accounts across hundreds of fintechs and institutions in more than 40 countries, backed by over $320 million in funding. For more information, visit alpaca.markets.

Alpaca Europe is a trading name of WealthKernel Limited, which is authorised and regulated by the Financial Conduct Authority under reference number 723719.

WealthKernel Spain, A.V., S.L.U. is authorised and registered by the CNMV (No. 328), Madrid, Spain.

Securities brokerage services are provided by Alpaca Securities LLC (dba "Alpaca Clearing"), member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Technology and services are offered by AlpacaDB, Inc.

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