Case Study: Elphinstone transforms Pakistani investing with Alpaca's Broker API

Elphinstone Transforming Pakistani Investing with USD Accessibility

Elphinstone, a fintech company based in Pakistan, sought to solve the challenge faced by the country's burgeoning middle class of earning in USD but having no simple way to save and invest those dollars. To build a solution, they partnered with vendor Alpaca and utilized their Broker API service.

Alpaca provided the core infrastructure through its Broker API, enabling Elphinstone to rapidly build and launch a fully branded, high-functioning app. This solution from Alpaca resulted in instant 6-figure trades for clients, automated investing tools, and a significant decrease in customer acquisition costs due to the seamless user experience, which also fueled powerful word-of-mouth growth.

Elphinstone

Farooq Tirmizi

Chief Executive Officer