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Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally

From Alpaca Blog

December 9, 2024

Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally

Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally
Alpaca, a brokerage infrastructure technology company and self-clearing broker-dealer, delivering execution and custody solutions for Stocks, ETFs, and Options, that support hundreds of financial institutions worldwide, today announced a new strategic partnership with Derayah Financial (“Derayah”), a leading financial services firm and the first digital investment platform in the Kingdom of Saudi Arabia (“KSA”), to further expand financial accessibility in the Middle East. This partnership, including a strategic investment by Derayah in Alpaca, accelerates its joint efforts to enable access to Saudi Exchange (Tadawul) to investors worldwide through Alpaca’s brokerage infrastructure.

View original article on alpaca.markets

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