United Capital

What United Capital does

United Capital (legal entity: UC-UNITED CAPITAL PUESTO DE BOLSA, S.A.) is a Dominican Republic securities brokerage firm (Puesto de Bolsa) founded in 2012 and headquartered in Santo Domingo, with additional offices in Punta Cana and Santiago de los Caballeros. The firm is registered with the Superintendencia del Mercado de Valores (SIMV) under SIVPB-017 and the Bolsa de Valores de la República Dominicana (BVRD) under PB-1018, and maintains an 'A' solvency rating with stable outlook from Feller Rate.

The company's product portfolio spans corporate finance, investment banking, financial advisory, securities intermediation (brokerage), issuance structuring, securities lending (mutuo de valores), and SPOT/FORWARD contracts, alongside distribution of bonds, stocks, and investment fund quotas. Underlying technology includes a proprietary digital platform comprising the UC APP mobile application (iOS/Android), the UC en Línea web portal, and the Proyecta tu Inversión calculator tool. The platform integrates with BVRD for exchange connectivity, CEVALDOM for central securities depository, and Microsoft cloud infrastructure.

United Capital generates revenue through transaction-based commissions on primary market placements (up to 2.00%) and secondary market trades (0.0000%-0.20% depending on channel and client type), as well as fees for issuance structuring (up to 3.50%), placement (up to 1.50%), financial advisory (up to 1.00% on asset value), and recurring custody/supervision/management fees (up to 0.0127% monthly). The go-to-market combines executive-led advisory sales for institutional and corporate clients with self-service digital channels for individual investors. As of the 2025 annual report, total assets stand at 54,946 MM DOP, total equity at 5,510 MM DOP, with net profit of 830 MM DOP delivering a 15.5% ROE.

Name

United Capital

Legal name

UC-UNITED CAPITAL PUESTO DE BOLSA, S.A.

Website

https://unitedcapitaldr.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Securities Brokerage & Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)

SIC

Asset-Backed Securities (6189)

akta.pro primary industry

Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)

akta.pro secondary industries

Corporate Finance & Capital Advisory (BPAHADAB), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

Keywords

• Securities brokerage services
• Investment banking advisory
• Corporate finance advisory
• Issuance structuring placement
• Capital markets intermediation

Headquarters

HQ city

Santo Domingo

HQ country

Dominican Republic

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Securities Intermediation: Brokerage commissions on buy/sell transactions of publicly offered securities. Rates vary by channel (BVRD vs Market Makers) and client type (physical vs corporate).
2. Primary Market Placement: Commission on initial public offerings and primary market placements of fixed and variable income securities.
3. Issuance Structuring and Placement: Fees for structuring and placing debt issuances, structured financial products, and investment funds.
4. Financial Advisory: Corporate finance, investment banking, and financial advisory services assisting clients with financial decision-making and shareholder value maximization.
5. Asset Management, Custody and Supervision: Fees for custody, supervision, and management of fixed income, variable income, and international securities. Includes CEVALDOM, SIMV, and United Capital fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

United Capital is a Dominican Republic stock brokerage (Puesto de Bolsa) that intermediates publicly offered securities and provides corporate finance, investment banking, financial advisory, and issuance structuring and placement services for institutional, professional, corporate and individual clients. Its portfolio spans fixed income (bonds), variable income (stocks), investment fund quotas, securities lending (mutuo de valores), and SPOT/FORWARD OTC contracts, delivered through executive-led advisory, three physical offices, and digital channels including the UC APP mobile application and UC en Línea online portal.

Product overview

United Capital is a Dominican Republic securities brokerage firm (Puesto de Bolsa) offering a comprehensive suite of financial products and services. The core offering combines investment banking and corporate finance advisory services with securities intermediation and trading capabilities. The product portfolio spans fixed income (bonds), variable income (stocks), investment fund quotas, securities lending (mutuo), and foreign exchange contracts (SPOT/FORWARD). Digital channels include the UC App mobile application and UC en Línea web platform for online brokerage services. The company also provides investment simulation tools (Proyecta Tu Inversión calculator) and structured issuance services for institutional and corporate clients. The firm is registered with SIMV under SIVPB-017 and maintains an 'A' solvency rating from Feller Rate with stable outlook.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Finance (Finanzas Corporativas) Advisory service assisting clients in financial decision-making and providing guidance to maximize shareholder value, targeted at corporates seeking strategic financial direction.
• Investment Banking (Banca de Inversión) Financial valuation, mergers and acquisitions advisory, and buying/selling of companies; specialized financial services for investment resources, for corporate clients and issuers.
• Financial Advisory (Asesoría Financiera) Portfolio construction service in which brokers accompany clients through analysis and evaluation of investments according to investor profile, for individual and institutional investors.
• Securities Intermediation (Intermediación de Valores) Purchase and sale of publicly offered securities duly authorized by the Securities Market Superintendent (SIMV), for institutional, corporate and individual clients.
• Issuance Structuring & Placement (Estructuración de Emisiones) Institutional and corporate solutions including debt issuance structuring, structured financial products and investment funds, for issuers seeking to raise capital in the Dominican securities market.
• Securities Lending (Mutuo de Valores) Contract under which a brokerage firm or client delivers or receives borrowed securities with the obligation to receive or deliver the same securities at maturity, for institutional and corporate counterparties.
• SPOT/FORWARD Contracts Two contracts simultaneously agreed between parties to buy or sell an asset at a determined date and price agreed in present, negotiated OTC, for institutional and corporate counterparties.
• UC App (Mobile Brokerage Application) Mobile application on iOS (App Store id1526705083) and Android (Google Play com.cven.united_capital_app) enabling clients to manage investments, view statements, make service requests, place investment or reinvestment orders, and contact executives directly.
• UC en Línea (Online Brokerage Portal) Web-based brokerage platform for clients to access account information, execute transactions and manage investments online, supporting both individual (Persona Física) and corporate (Persona Jurídica) clients.
• GAM United Fund (Fondo de Inversión Cerrado) Closed-end investment fund offering participation quotas to investors, managed and administered by United Capital, for institutional, professional and individual investors seeking managed exposure.
• Fondo de Inversión Cerrado Pioneer II

Quantifiable outcome

• 39,739 MM DOP in total assets (2024)
• +5 more outcomes

Named customers4 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

Integration5 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• CEVALDOM (Depósito Centralizado de Valores)coreTechnology or IntegrationCEVALDOM provides central securities depository services. United Capital's tariff includes CEVALDOM fees for custody, account opening, transfers, ownership changes, certifications, and transaction confirmations.
• SIMV (Superintendencia del Mercado de Valores)coreOthersUnited Capital is registered with SIMV under number SIVPB-017. SIMV is the regulatory body overseeing the Dominican securities market.
• BVRD (Bolsa de Valores de la República Dominicana)coreTechnology or IntegrationUnited Capital is registered with BVRD under number PB-1018. BVRD is the Dominican Republic Stock Exchange where United Capital executes securities transactions.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gamma Valores: Dominican Republic-based Puesto de Bolsa providing securities brokerage, investment banking, and financial advisory services. Directly competes with United Capital in the DR capital markets.
• Scotia Valores: Brokerage subsidiary of Scotiabank in the Dominican Republic. Provides securities intermediation, investment advisory, and corporate finance services in the DR market, directly competing with United Capital for institutional and corporate clients.
• Citivalores: Securities brokerage affiliated with Citibank in the Dominican Republic. Competes with United Capital in institutional brokerage, investment banking, and capital markets services for corporate and institutional clients in the DR.
• Popular Valores: Puesto de Bolsa affiliated with Grupo Popular Dominicano, one of the largest financial groups in the DR. Like United Capital, it offers securities intermediation, investment banking, and asset management to institutional and retail clients in the Dominican Republic.
• BHD Valores: Securities brokerage arm of BHD León (one of the largest DR banks). Directly competes with United Capital in securities intermediation, corporate finance advisory, and issuance structuring, with the additional backing of a deposit-taking franchise.
• Alpha Sociedad de Valores: Dominican Republic Puesto de Bolsa offering securities intermediation, investment advisory, and asset management services. A direct competitor in the DR institutional and retail brokerage market alongside United Capital.

Broad incumbents

• Banco Popular Dominicano: The largest commercial bank in the Dominican Republic, offering a broader portfolio of financial services including its brokerage arm (Popular Valores). As a parent organization, it represents a scaled deposit-taking incumbent that competes across corporate finance and capital markets.
• Scotiabank República Dominicana: Large commercial bank in the DR with its brokerage subsidiary (Scotia Valores). Competes with United Capital across banking, brokerage, and corporate finance, with significantly larger balance-sheet capacity and global franchise.

Others

• Asofondos de República Dominicana: Dominican Republic pension fund association representing AFPs (pension fund administrators). Comparable as an institutional investor ecosystem that channels capital into the DR capital markets where United Capital operates.

Regional players

• JMMB Group: Jamaica-based financial services group with brokerage operations across the Caribbean. Comparable as a regional brokerage and investment management firm, but operates primarily in Jamaica and other Caribbean markets rather than the DR.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/unitedcapitaldr
• Facebookfacebook.com/UnitedCapitalDR
• LinkedInlinkedin.com/company/united-capital-puesto-de-bolsa
• Instagraminstagram.com/unitedcapitaldr

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 United Capital