Alpha Investments

Name

Alpha Investments

Legal name

Alpha Puesto de Bolsa

Website

https://alpha.com.do

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

Equity Prime Brokerage (Custody, Financing & Services) (FSACAFAB)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Commercial Paper (CP) & Money Market Issuance (FSACABAH)

Keywords

• Securities brokerage services
• Fixed-income investments
• Portfolio management
• Financial advisory
• Equity trading

Headquarters

HQ city

Santo Domingo

HQ country

Dominican Republic

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Brokerage Commissions: Earned on intermediation of authorized securities transactions (renta fija, renta variable, papeles comerciales, bonos corporativos) via tariff schedule (Tarifario de Servicios Rev 2026).
2. Portfolio Management Fees: Recurring management fees collected under Administración de Cartera for discretionary portfolio diversification executed on behalf of clients.
3. Financial Advisory and Structuring Fees: Fees earned from financial investment advisory services and advice on structuring securities products for issuers.
4. Investment Spread on Alpha Plus / Alpha Mutuo: Earned when clients lend the bonds purchased under Alpha FWD to Alpha (Alpha Mutuo), generating additional yield retained in part by the brokerage.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Alpha Puesto de Bolsa is a SIMV-registered Dominican securities brokerage that intermediates authorized fixed-income and variable-income securities transactions (Hacienda bonds, Central Bank instruments, corporate bonds, commercial paper, closed-end funds, equities) for individual and corporate investors. It complements brokerage with proprietary structured short-term products (Alpha FWD, Alpha Plus, Alpha Flex, Alpha FWD Flex) offering fixed terms from 30 days to 1 year, discretionary portfolio management (Administración de Cartera), and financial advisory/structuring services, all accessible digitally via App Alpha and Alpha En Línea.

Product overview

Alpha Puesto de Bolsa is a single integrated brokerage platform composed of multiple modules centered on a digital account-and-order-management core. The core is formed by App Alpha (iOS/Android) and Alpha en Línea (web portal), which serve as the unified client front-ends for account opening, portfolio monitoring, simulation, and order execution. Around this core, Alpha offers a suite of fixed-income investment vehicles — Alpha FWD, Alpha Plus, Alpha Flex, and Alpha FWD Flex — together with variable-income trading of Dominican securities (Hacienda bonds, Central Bank instruments, corporate paper, closed-end funds, shares such as the César Iglesias SIVA-68 offering), and value-added services including Administración de Cartera (discretionary portfolio management), Asesoría Financiera (financial advisory and securities structuring), and three brokerage account types (Individual, Mancomunada, Empresarial). Supporting the platform, Alpha publishes Alpha Educa (educational content/podcasts/YouTube) and Alpha Informa (market news), and operates a physical network of corredores de valores under SIVCV registrations.

Differentiator

Problem solved

Functional benefit

Brands

• App Alpha: Mobile application for managing brokerage accounts and investments digitally.
• Alpha Educa
• Alpha Informa

Products and services

• App Alpha (Mobile Application) Native iOS (App Store id1619333590) and Android (com.alphainversiones.online) mobile application that allows clients to open brokerage accounts, monitor investment portfolios, simulate investments, receive opportunity notifications and execute orders from their phone. Targets Dominican individual and corporate investors and serves as the unified front-end of Alpha's digital investment platform.
• Alpha en Línea Web-based online trading and account management portal (enlinea.alpha.com.do) used as the desktop counterpart to App Alpha for clients to manage their brokerage accounts and execute orders.
• Alpha FWD Short-term fixed-income investment product that buys bonds today and simultaneously agrees an independent forward sale of those bonds at a future date, with the client holding the securities for the term. Available for terms from 30 days to 1 year, minimum USD$1,500 / DOP$90,000 (personal) or USD$5,000 / DOP$250,000 (corporate).
• Alpha Plus Variant of Alpha FWD in which the client additionally lends the resulting bonds to Alpha (Alpha Mutuo), receiving an additional yield on top of the FWD return.
• Alpha Flex Alpha Plus variant that adds the option to receive monthly yield payments instead of accumulating them until maturity.
• Alpha FWD Flex Short-term forward bond investment that combines the Alpha FWD structure with monthly yield payments to the client.
• Compra y Venta de Valores (Securities Trading) Brokerage intermediation of fixed-income and variable-income securities authorized by the Superintendencia del Mercado de Valores (SIMV), including Dominican Ministry of Hacienda bonds, Central Bank notes/certificates/letter, commercial paper and corporate bonds, debt-recognition agreements from electricity distributors, closed-end investment funds, public-offer trusts, and shares.
• Administración de Cartera (Discretionary Portfolio Management) Discretionary portfolio management service where Alpha defines and executes a personalized diversification strategy aligned to client goals and risk profile. Available for both individual and corporate accounts with a USD$5,000 minimum.
• Asesoría Financiera (Financial Advisory & Securities Structuring) Financial investment advisory and securities-product structuring advisory services provided by Alpha's licensed corredores de valores to individual and corporate clients.
• Cuentas de Corretaje (Brokerage Accounts) Three brokerage account types offered by Alpha: Individual (single holder, Dominican or foreign, from USD$1,500), Joint/Mancomunada (two or more holders, from USD$1,500), and Empresarial/Corporate (from USD$5,000, requirements vary by entity type). Subsequent investments from DOP$1,000 once a brokerage account exists.
• Acciones César Iglesias (CISA) Equity Offering Public offering of shares in César Iglesias S.A. (Dominican consumer-goods company founded 1910), authorized by SIMV under No. SIVEV-68, with quarterly share performance reports and live BVRD dashboard pricing distributed through Alpha's brokerage platform.

Quantifiable outcome

• Ranked among top three Dominican brokerages by equity and assets at end of 2025
• +5 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Bolsa de Valores de la República Dominicana (BVRD)coreStrategic or Co-development PartnerAlpha is a member of the BVRD under registration No. PB-1019, providing the infrastructure through which Alpha executes client orders on the Dominican securities exchange. Alpha has been recognized by BVRD in its 2025 awards. César Iglesias S.A. shares are tradable through Alpha via the BVRD dashboard.
• Superintendencia del Mercado de Valores de la República Dominicana (SIMV)coreOthersRegulatory authority under which Alpha is registered as a Puesto de Bolsa under SIVPB-018 since 2009. Compliance and disclosure obligations (hechos relevantes, financial statements) flow through SIMV.
• César Iglesias S.A.coreChannel Partner/ Reseller/ DistributorAlpha intermediates the public placement of César Iglesias S.A. common shares (authorized by SIMV under No. SIVEV-68). Alpha distributes quarterly share performance reports and links to the BVRD trading dashboard for these shares.
• Asociación de Puestos de Bolsa (APB)minorStrategic or Co-development PartnerSantiago Camarena (CEO of Alpha) has been a board member of APB, the Dominican brokerage industry association.
• Asociación Dominicana de Empresas Fintech (ADOFINTECH)minorStrategic or Co-development PartnerSantiago Camarena (CEO of Alpha) has been a board member of ADOFINTECH, the Dominican fintech industry association.
• Mercado Electrónico Dominicano (MED)minorStrategic or Co-development PartnerSantiago Camarena is a founding partner of Mercado Electrónico Dominicano (MED) and of Alpha Puesto de Bolsa, indicating co-founding relationship.
• ALTIO SAFIminorChannel Partner/ Reseller/ DistributorAlpha distributes placement notices (Aviso de Colocación Primaria) for ALTIO SAFI-managed closed-end funds including the 22nd tranche of Fondo Cerrado Altio Energía and the 10th tranche of FCD ALTIO II (SIVFIC 038).
• SpotifyminorGTM or Marketing PartnerAlpha hosts its 'Mientras Invertimos' podcast and 'Historias Que Rinden' video content on Spotify (open.spotify.com/episode/4K3aKNLUNsDE88qzfXP4nJ).
• UAF (Unidad de Análisis Financiero)minorOthersAlpha displays the UAF certification seal (Sello UAF) on its website, indicating compliance with the Dominican anti-money laundering authority's certification program.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• JMMB Group: Caribbean financial-services group with brokerage and wealth-management operations across Jamaica, Trinidad & Tobago, and the Dominican Republic. Direct comparable: licensed securities-brokerage franchise with multi-jurisdictional Caribbean footprint, retail and corporate intermediation, and digital account-opening capability.
• CEFA (Centro Financiero y Asesoría): Dominican financial group with securities-brokerage and investment-advisory operations. Direct peer operating in the same SIMV-regulated Dominican market with comparable fixed-income and equity intermediation offerings.
• BHD Valores (Banco BHD Puesto de Bolsa): Dominican brokerage arm of Banco BHD, offering brokerage accounts, fixed-income intermediation, and investment funds. Directly comparable as a domestic competitor inside the SIMV-regulated puesto de bolsa universe with similar individual/corporate account types.
• Puesto de Bolsa BHD León: Dominican securities-brokerage entity affiliated with BHD León, operating under SIMV oversight with similar brokerage-account, fixed-income, and structured-product services to Alpha. Direct head-to-head competitor in the local retail and corporate brokerage segments.

Regional players

• Acciones y Valores (Accivalores): Colombian brokerage offering brokerage, fixed-income, equity, and structured products to retail and corporate clients via a digital platform. Comparable product set and digital onboarding model, but focused on the Colombian capital market rather than the Dominican Republic.
• GBM (Grupo Bursátil Mexicano): Leading Mexican independent brokerage with retail, corporate, and digital trading platforms across multiple asset classes. Regionally comparable in business model — digital-first brokerage serving retail and institutional clients — but operating in the larger Mexican securities market rather than the Dominican Republic.

Others

• Mercado Electrónico Dominicano (MED): Dominican electronic-trading platform co-founded by Alpha's CEO Santiago Camarena. Adjacent infrastructure provider in the DR capital-markets ecosystem, with relationship overlap to Alpha via shared founding leadership but operating as a marketplace rather than a competing brokerage.
• ALTIO SAFI: Dominican fund administrator (SAFI) whose closed-end funds (Fondo Cerrado Altio Energía, FCD ALTIO II) are distributed through Alpha's brokerage. Adjacent ecosystem participant — Alpha's distribution channel partner for fund placements and a complement, not a competitor, in the DR capital markets.

Broad incumbents

• BTG Pactual: Latin America's largest independent investment bank with brokerage, asset management, and wealth management across the region. Broad incumbent with overlapping brokerage and structured-product capabilities, but operating at a far larger scale and across multiple jurisdictions.
• APAP (Asociación Popular de Ahorros y Préstamos): Large Dominican savings-and-loan association with investment and treasury-management products that overlap with Alpha's individual and corporate offerings. Broader incumbent competing for the same retail-investor wallet, but with a much larger deposit base and product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@alphapuestodebolsa
• Facebookfacebook.com/Alphainversiones
• LinkedInlinkedin.com/company/alphainversionesrd
• Instagraminstagram.com/alphapuestodebolsa
• Xx.com/alphainversion

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpha Investments