Fintech startup Alpaca becomes first Japanese-founded unicorn in US

Fintech startup Alpaca becomes first Japanese-founded unicorn in US


Startups

Company providing trading infrastructure raises $150m for expansion, M&A

20260114N Alpaca CEO Yokokawa

Alpaca Chief Product Officer Hitoshi Harada, left, and CEO Yoshi Yokokawa co-founded the company in 2015. (Alpaca)

RYOTARO YAMADA

PALO ALTO, U.S. — American fintech company Alpaca has joined the ranks of unicorns with a $1 billion-plus valuation, it was learned Wednesday, in what appears to be the first such achievement by a U.S. company founded by Japanese nationals.



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