Alpaca has entered the Alpaca EEA Passporting process, which means the company can provide regulated and localized investment services to 29 countries in the European Economic Area (EEA). The milestone expands Alpaca’s European footprint, with its hub in Spain. Moreover, Alpaca EEA Passporting offers fintech companies and financial institutions access to regulated investment infrastructure from a single European entity. This is why the company is still expanding its brokerage infrastructure services across Europe.
The recently finalized passporting process builds on the regulatory framework established through Alpaca’s European entity. It is authorised and registered with Spain’s Comisión Nacional del Mercado de Valores (CNMV). Furthermore, the expansion is done in the Markets in Financial Instruments Directive II (MiFID II) framework. With Alpaca’s regulated UK entity, this further strengthens the company’s ability to serve enterprise customers, fintechs and financial institutions building investment products across Europe. Consequently, Alpaca can now serve a market of almost half a billion people.
The countries with passports are Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, and Sweden.
Alpaca EEA Passporting offers businesses operating in these markets direct access to API-driven investment infrastructure through a single, locally regulated European entity. This lets fintechs and financial institutions leverage Alpaca’s account infrastructure, custody and trading capabilities without needing to obtain separate regulatory authorizations in each country. This makes expansion easier and reduces operational complexity across multiple European jurisdictions.
“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.”
Alpaca Strengthens European Investment Infrastructure
The latest achievement builds on Alpaca’s broader European expansion strategy. Last year, the company completed the acquisition of WealthKernel and officially launched its European operations. Additionally, those initiatives established a stronger foundation for regulated investment infrastructure across the region.
“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.”
Moving forward, Alpaca will continue supporting organizations that develop regulated investment platforms across Europe. Meanwhile, the expanded regulatory coverage positions the company to deliver localized services while helping partners accelerate product launches and cross-border growth.
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News Source: Businesswire.com
