Passiv, whose technology helps passive investors manage their portfolios, has partnered with Silicon Valley-based Alpaca, which should help the Fredericton company expand in the all-important U.S. market.
Alpaca is a stock brokerage that operates an application program interface, or API, that allows users to program their own “robo-advisor”, or a program that will automatically balance a passive stock portfolio.
Passiv aims to help passive investors who don’t know computer programing. It is developing a new solution based on the Alpaca API to give Alpaca clients the option of replicating