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April 29, 2025 36 mins

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Miguel Armaza stops by the New York Stock Exchange to interview Yoshi Yokokawa, CEO & Co-founder of Alpaca, an API-first brokerage infrastructure company that has raised over $100 million to serve more than 200 financial institutions across 40 countries, with 5 million brokerage accounts on their platform.

In this episode, we discuss:

  • Balancing data-driven decisions with entrepreneurial instinct
  • Why Alpaca's self-clearing model slashes dependencies, cuts costs, and accelerates innovation
  • Why API-first companies need a sandwich approach: bottom-up developer community and top-down enterprise sales
  • Why Japan's economic history shaped a generation of domestic entrepreneurs while global founders like Yoshi remain the exception… and lots more!


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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIp

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