← State of Embedded Finance 2026

GoTrade

Can a mobile-first fractional US stock investing app — built entirely on third-party clearing, payment, and FX rails — become the go-to retail brokerage for underserved emerging market investors in Southeast Asia?

Founded2020
HQLabuan, Malaysia
IndustryFintech / Investment
The story

Gotrade launched around 2020 as a mobile-first fractional US stock investing app targeting emerging market retail investors, headquartered in Labuan, Malaysia. The company is licensed by the Labuan FSA and operates its Indonesian product through OJK-licensed partner PT Valbury Asia Futures and the Jakarta Futures Exchange. Gotrade's embedded finance stack is built primarily on Alpaca for clearing and execution, Rapyd for deposit and withdrawal payment rails, and Wise for international money transfers — allowing it to serve retail investors across Southeast Asia and beyond without building its own payment or brokerage infrastructure.

Last 12 months
2026-03
2025-10
2024-11
Product timeline
2020
Gotrade Securities Inc. incorporated under the Labuan Companies Act 1990 and licensed as a Labuan Securities Licensee (License No. SL/20/0014).· pivot
2022
Launched Gotrade Indonesia, enabling Indonesians to invest in fractional US shares from $1 via a partnership with PT Valbury Asia Futures (OJK-licensed futures broker) and the Jakarta Futures Exchange (JFX).· banking
2024
Expanded funding options to include Wise as a deposit rail, supporting users in over 59 countries.· pivot
2026
Published official statement clarifying Gotrade Securities Inc. (heygotrade.com) is unrelated to GoTrade LLC (gotrade.net) placed on FINMA warning list.· pivot
Regulated entities
Labuan Securities License
Malaysia (Labuan FSA) · 2020
Gotrade Securities Inc.
Futures Broker License
Indonesia (OJK)
Gotrade Technologies (via PT Valbury Asia Futures partnership)
The stack
Payments / PSP
Rapyd
FX & payouts
RapydWise Platform
Accounting gap: minor