[Alpaca Completes $150 Million Series D Financing, Led by Drive Capital] According to Fortune, brokerage technology company Alpaca announced the completion of a $150 million Series D financing round, with a valuation of $1.15 billion. The round was led by Drive Capital, with participation from Citadel Securities, Kraken, and BNP Paribas Ventures, among others, and included a $40 million credit facility. Alpaca focuses on providing infrastructure for trading stocks, ETFs, and crypto assets to enterprises, with annual recurring revenue exceeding $100 million, and is actively capturing market share from Interactive Brokers.