INVERCASA Puesto de Bolsa

What INVERCASA Puesto de Bolsa does

INVERCASA Puesto de Bolsa is Nicaragua's first and largest authorized stock brokerage (Puesto de Bolsa), founded in 1993 in Managua and regulated by SIBOIF and the Bolsa de Valores de Nicaragua. The firm operates a vertically integrated securities platform spanning financial advisory, business valuation, primary and secondary market brokerage, repo operations, securities custody through CENIVAL, and issuance structuring for corporate debt and equity. It also operates Nicaragua's only investment fund administrator (Invercasa SAFI, established 2013) and was the first brokerage authorized for international stock market operations (2009), giving it direct access to Central American and global exchanges through Bloomberg, Interactive Brokers, and Pershing.

The business serves two primary customer segments: individual investors, who access fixed income (government bonds, BCN instruments, corporate bonds) and variable income (investment funds, equities) products through personalized advisor relationships, and corporate entities, which use INVERCASA for capital raising through structured debt and equity issuances, with US$ 360M+ arranged across more than ten transactions over 20+ years. Named corporate clients span agro-industry (Agri-Corp), banking (Banco Ficohsa), microfinance/NGO (Fundeser, FID, Financiera FDL), and regional holding companies (MareValley Corporation). Revenue is generated through transaction commissions on securities trading, professional services fees for advisory and issuance structuring, and recurring custody and administration fees. Distribution is hybrid: a relationship-driven field sales model anchored by the largest network of SIBOIF-authorized brokerage agents in Nicaragua, supplemented by WhatsApp, phone, virtual meetings, and an online lead qualification form.

The technology stack is conventional financial infrastructure rather than proprietary IP: Bloomberg for real-time international market data, electronic trading on the local exchange, and CENIVAL for custody. The firm holds no patents and discloses no AI/ML capabilities, and its competitive differentiation rests on regulatory first-mover status, 30+ years of brand equity, exclusive SAFI positioning, and the breadth of its agent network. A 2024 Regionalization Strategy and Remote Operator initiative signals intent to scale cross-border, building on direct execution capabilities established across Central American exchanges since 2019.

Name

INVERCASA Puesto de Bolsa

Legal name

Invercasa Puesto de Bolsa

Website

https://invercasa.com.ni

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

INVERCASA Puesto de Bolsa is Nicaragua's first and largest authorized stock brokerage, founded in 1993, offering financial advisory, securities trading, issuance structuring, custody, and investment fund administration to individual and corporate clients across Nicaragua and Central America.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Fund Depositary (UCITS/AIFMD & Trustee Oversight) (FSAAAOAC)

akta.pro secondary industry

Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC)

Keywords

• Stock brokerage services
• Securities trading
• Financial advisory
• Issuance structuring
• Investment fund administration

Headquarters

HQ city

Managua

HQ country

Nicaragua

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Securities Trading Commissions: Commission income from buying and selling securities in the Primary, Secondary, and Repos markets on the Nicaragua Stock Exchange and international markets.
2. Financial Advisory Fees: High-level financial advisory services provided by qualified advisors who unify financial life criteria to create efficient structures that increase economic well-being.
3. Issuance Structuring Services: Structuring, promotion, execution, and administration of securities issuances in the primary market, representing companies before SIBOIF and the Nicaragua Stock Exchange. Reference as the leading brokerage in public and private issuances in Nicaragua.
4. Securities Custody Services: Custody of securities through CENIVAL, providing clients security and tranquility with monitoring of custody titles and portfolio administration of securities.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

INVERCASA Puesto de Bolsa is an authorized securities brokerage (Puesto de Bolsa) in Nicaragua, regulated by SIBOIF and the Bolsa de Valores de Nicaragua. It provides financial advisory, valuation studies (M&A and corporate finance), structuring and placement of securities issuances, purchase and sale of securities on the domestic and international stock exchanges (primary, secondary, and repo markets), and securities custody through CENIVAL. Product lines include fixed income (government bonds and represented corporate bond programs), variable income (investment funds and equity securities), international market access, and repo operations.

Product overview

INVERCASA Puesto de Bolsa is a unified brokerage platform offering a comprehensive suite of financial services in Nicaragua. The core offering consists of five main services: financial advisory, valuation studies, issuance structuring, securities trading, and securities custody. These services are delivered through multiple product lines including fixed income programs (government bonds like MHCP and BCN instruments, as well as corporate bonds from represented entities such as Agri-Corp, Banco Ficohsa, FID, and MareValley Corporation), variable income products (investment funds and equity securities), international market access, and repo operations. The platform also provides complementary tools including an investment calculator and market newsletter. The company operates as a licensed brokerage authorized by SIBOIF and the Bolsa de Valores de Nicaragua, with over 30 years of experience since its founding in 1993.

Differentiator

Problem solved

Functional benefit

Products and services

• Asesoría Financiera Personalized financial advisory service in which qualified advisors unify the client's financial criteria to design efficient structures aimed at increasing the client's economic well-being. Targeted at individual investors and companies seeking investment guidance.
• Estudios de Valoración Specialized corporate-finance advisory covering mergers and acquisitions, strategic alliance consolidation, market alternatives evaluation, business valuations, negotiations, and transaction closing. Targeted at companies and shareholders requiring independent valuation and M&A guidance.
• Estructuración de Emisiones End-to-end structuring, promotion, execution, and administration of securities issuances (bonds, commercial paper, equity shares) in the primary market, including representation of the issuer before SIBOIF and the Bolsa de Valores de Nicaragua. Targeted at companies seeking capital through the stock exchange.
• Compra y Venta de Valores Brokerage service for the purchase and sale of securities in the primary, secondary, and repo markets on the Bolsa de Valores de Nicaragua and other international stock exchanges, executed through the firm's SIBOIF-authorized brokerage agents. Targeted at individual investors and corporate clients trading securities.
• Custodia de Títulos Valores Securities custody service delivered through CENIVAL (Central Nicaragüense de Valores), a SIBOIF-supervised central securities depository, providing monitoring of custodied titles and administration of securities portfolios. Targeted at clients holding securities through INVERCASA.
• Renta Fija - Programas Representados (Fixed-Income Represented Programs) Fixed-income investment line aggregating the corporate bond and commercial paper programs represented by INVERCASA, including issuances from Agri-Corp, Banco Ficohsa, FID, Financiera FDL, and MareValley Corporation. Targeted at investors seeking yield through represented corporate fixed-income instruments.
• Bonos MHCP Government bonds issued by the Ministry of Finance and Public Credit (MHCP) through the General Treasury of the Republic for financing the General Budget, with a USD 1,000 (or córdoba equivalent) minimum, yields above 7% annual, semi-annual interest, and principal paid at maturity. Targeted at individual and institutional investors seeking sovereign fixed-income exposure.
• Títulos de Inversión BCN y Letras BCN Central Bank of Nicaragua (BCN) investment titles (1–12 month terms, interest and principal at maturity) and letras (1–359 day terms, zero-coupon / implicit rental yield), placed through authorized brokerage windows. Targeted at investors seeking short- to medium-term central-bank instruments.
• Renta Variable (Invercasa SAFI, FII Vista, Popular SFI, Agri-Corp Preferred Shares) Variable-income product line covering investment funds managed by Invercasa SAFI (including the FII Vista real estate fund and other SFI vehicles) and equity securities such as Agri-Corp preferred shares. Targeted at investors seeking fund and equity exposure on the Nicaragua Stock Exchange.
• Mercados Internacionales International securities trading service delivered through Bloomberg's real-time data platform and strategic alliances with Interactive Brokers and Pershing; the first service of its kind authorized by SIBOIF for a Nicaraguan Puesto de Bolsa. Targeted at investors seeking exposure to international (Central American and global) markets.
• Operaciones de Reporto Repo operations (reportos) offering transitional financing backed by custodied securities as collateral, with adjustable terms and renewal options. Targeted at investors and corporate clients needing short-term liquidity against their securities positions.

Quantifiable outcome

• US$ 360 million+ structured in debt and equity issuances to date
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and major.

• CENIVAL (Central Nicaragüense de Valores)coreStrategic or Co-development Partner · 1 January 1993CENIVAL is the specialized entity authorized for securities custody in Nicaragua, operating under strict supervision of SIBOIF. Invercasa partners with CENIVAL to provide clients with security and tranquility for custody of their securities, ensuring high standards of transparency, regulation, and protection for investors.
• SIBOIF (Superintendencia de Bancos y Otras Instituciones Financieras)coreOthersRegulatory authority that authorizes and supervises Invercasa as a Puesto de Bolsa (stock brokerage). All operations are conducted under the supervision and compliance requirements established by SIBOIF.
• Bolsa de Valores de Nicaragua (BVDN)coreStrategic or Co-development PartnerThe Nicaragua Stock Exchange where Invercasa executes primary, secondary, and repo market operations. Invercasa operates as an authorized intermediary for securities trading on this exchange.
• BloombergcoreTechnology or IntegrationBloomberg provides the globally recognized real-time stock market information platform that Invercasa uses to access international market data and execute operations.
• Interactive BrokersmajorTechnology or IntegrationStrategic alliance with Interactive Brokers enables Invercasa to obtain information and execute operations in real-time on international markets.
• PershingmajorTechnology or IntegrationStrategic alliance with Pershing as an international financial intermediary, providing access to international market operations and infrastructure.
• KPMGmajorOthersInternational auditing firm that audited Invercasa's financial statements for fiscal years 2025, 2019, and 2018.
• PricewaterhouseCoopers (PwC)majorOthersInternational auditing firm that audited Invercasa's financial statements for fiscal years 2024, 2017, 2016, and 2015.
• Invercasa SAFI (Sociedad Administradora de Fondos de Inversión)coreStrategic or Co-development PartnerRelated entity - First and only SAFI (Investment Fund Administrator) in Nicaragua, constituting the first investment fund in 2015. Invercasa SAFI manages investment funds and provides variable income investment products.
• Central American Stock ExchangesmajorChannel Partner/ Reseller/ DistributorDirect transactions with third parties in Central American stock exchanges including Bolsa de Valores de El Salvador, Bolsa de Valores de República Dominicana, Bolsa de Valores de Guayaquil, Bolsa Nacional de Valores Costa Rica, Bolsa Nacional de Valores Guatemala, Bolsa Centroamericana de Valores, Bolsa de Valores Quito.

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• XP Investimentos: Large Latin American brokerage and investment platform with diversified brokerage, advisory, and asset management — relevant as a regional incumbent operating in adjacent intermediation and wealth services.
• BTG Pactual: Major Latin American investment bank offering brokerage, asset management, and corporate finance across the region; comparable as a broad incumbent operating in the same securities-intermediation category but at vastly greater scale.

Direct peers

• Vector Casa de Bolsa: Mexican independent broker-dealer providing intermediation, advisory, and fund services — structurally analogous to INVERCASA's integrated brokerage + investment fund administration business model.
• AdCap Securities: Latin American broker-dealer focused on intermediation, asset management, and corporate finance; comparable scale and integrated product offering for emerging-market capital markets intermediation.
• LarrainVial: Leading Latin American brokerage and asset manager with integrated investment banking, securities intermediation, and fund administration — directly comparable to INVERCASA's combination of brokerage, issuance structuring, and SAFI offerings.
• Grupo Bursátil Mexicano (GBM): Mexican brokerage and wealth manager providing intermediation, advisory, and fund products — analogous in business model (broker-dealer + asset management) to INVERCASA's Puesto de Bolsa + SAFI structure.
• Banchile Corredores de Bolsa: Chilean broker-dealer providing securities intermediation, advisory, and corporate finance — directly comparable to INVERCASA's brokerage, issuance structuring, and custody services in an emerging-market context.
• Inteligo: Peruvian brokerage and wealth manager combining securities intermediation with investment fund administration; comparable structure and product mix to INVERCASA's Puesto de Bolsa plus SAFI model.

Others

• Pershing (BNY Mellon): INVERCASA's international clearing and execution partner; a global brokerage infrastructure provider relevant as an ecosystem participant enabling cross-border intermediation services.
• Interactive Brokers: INVERCASA's strategic international execution partner and a global online broker — comparable as a technology-driven brokerage platform, though serving a vastly different customer scale and geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/invercasa
• LinkedInlinkedin.com/company/grupo-invercasa

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 INVERCASA Puesto de Bolsa