WealthKernel Acquired by Alpaca | Financial Services M&A Deal

Alpaca has completed the acquisition of WealthKernel, a payments processing business in Europe. WealthKernel supports wealth and trading workflows that connect financial services customers to market access, aligning with Alpaca’s expansion into European equities trading. Alpaca acquisitions in financial services M&A are focused on strengthening infrastructure for payments processing and order-related services across European markets. The transaction is an add on acquisition and strategic acquisition, structured as a closed deal with an undisclosed deal size, intended to accelerate Alpaca’s European growth.