Banco De Valores
VALO (Banco de Valores S.A.) is an Argentine boutique investment bank founded in 1978, serving as the country's principal financial fiduciary (38% fideicomiso market share) and principal independent mutual fund custody agent (350 funds, $10.97T+ patrimonio), with capital markets advisory (VALO Columbus), corporate banking, and regional subsidiaries in Uruguay and Paraguay.
- Company typePublic
- Founded1978
- HeadquartersBuenos Aires, Argentina
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Banco De Valores does
VALO (Banco de Valores S.A.) is an Argentine boutique investment bank founded in 1978 by Mercado de Valores de Buenos Aires S.A., uniquely chartered under Argentine law to support and strengthen the development of the country's capital markets and stock exchange agents. The bank operates as a multi-product capital markets platform serving corporate and institutional clients, retail investors, and public/private sector issuers through four core offerings: fiduciary trust structuring (fideicomisos), mutual fund custody, investment banking advisory under the VALO Columbus brand, and corporate banking. As of June 2025, VALO held 38% market share of Argentine fideicomiso emissions (1,600 trusts, $1.03 trillion combined value), served as principal independent custody agent for 350 mutual funds with combined patrimonio exceeding $10.97 trillion, and had participated in over 500 debt security emissions.
The bank operates a web-based digital banking platform providing Home Banking (e.valo.ar), broker access (virtualbroker.valo.ar), client portals, and an API Banking platform for third-party service integration. It is CNV-registered as Agente de Liquidación y Compensación y Agente de Negociación Integral (matrícula 60) and as agente de custodia (matrícula 6). The bank carries the highest fiduciary credit rating available in Argentina (Moody's Local TQ1.ar) and the top short-term debt rating (Fix SCR A1+ (arg)). It is publicly listed on the Buenos Aires Stock Exchange under ticker VALO, and operates regional subsidiaries in Uruguay and Paraguay.
VALO monetizes primarily through recurring fiduciary management fees (subscription-based on managed trust AUM), mutual fund custody fees (on $10.97T+ in patrimonio), transaction-based capital markets intermediation fees, and bespoke investment banking advisory engagements. Distribution combines direct institutional sales, the BYMA-member broker agent network for broad retail and SMB reach, digital self-serve platforms, and regional subsidiaries in the Southern Cone. Revenue is not publicly disclosed; the bank has 251–500 employees.
Banco De Valores firmographics
Firmographics- Name
- Banco De Valores
- Legal name
- Banco de Valores S.A.
- Website
- https://bancodevalores.com
- Company type
- Public
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- VALO (Banco de Valores S.A.) is an Argentine boutique investment bank founded in 1978, serving as the country's principal financial fiduciary (38% fideicomiso market share) and principal independent mutual fund custody agent (350 funds, $10.97T+ patrimonio), with capital markets advisory (VALO Columbus), corporate banking, and regional subsidiaries in Uruguay and Paraguay.
- Ownership category
- akta.pro rank
Banco De Valores industry classification
Industry- Product category
- Investment Banking and Capital Markets Services
- NAICS
- Commercial Banking (522110), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (52394)
- SIC
- State Commercial Banks (6022), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Corporate & Institutional Trust Services (FSAAANAB)
- akta.pro secondary industries
- Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Investment Management Advisory (RIA) (FSAEAAAB)
Keywords
Where Banco De Valores is headquartered
LocationHeadquarters
- HQ city
- Buenos Aires
- HQ country
- Argentina
- HQ region
- Latin America
Offices3 records
Markets served
Banco De Valores business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fiduciary Management Fees: Fees earned as the primary financial fiduciary (fiduciario financiero) in Argentina, structuring and managing fideicomiso financiero trusts. VALO holds 38% of the total fideicomiso market by number of issuances as of June 2025.
- Mutual Fund Custody Fees: Fees generated as the principal independent custody agent (agente de custodia) for mutual funds, with 350 funds under custody and combined assets exceeding $10.97 trillion as of June 2025.
- Investment Banking Advisory: VALO Columbus investment banking division provides advisory services for capital markets transactions including debt issuances, IPOs, restructurings, and M&A, acting as intermediary in Argentina's recovering capital markets under President Milei's deregulation agenda.
- Corporate Banking Services: Corporate banking services for mid-to-large companies seeking structured financing and growth support, leveraging the bank's capital markets infrastructure and trust capabilities.
- Capital Markets Intermediation: VALO acts as an integral settlement and compensation agent (Agente de Liquidación y Compensación y Agente de Negociación Integral) registered with the CNV (matrícula 60), intermediating bond issuances and IPO transactions in Argentina's capital markets.
- API Banking Services: Revenue from the API Banking platform, enabling third-party businesses to integrate VALO's financial services. The bank does not disclose specific API pricing publicly.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Banca corporativa — bespoke corporate banking and advisory services for mid-to-large companies |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Banco De Valores product offering
Product offeringCore offering
Banco de Valores S.A. (VALO) is an Argentine boutique investment bank that provides capital markets services including fiduciary trust (fideicomiso financiero) structuring and issuance, mutual fund (fondo común de inversión) custody, investment banking advisory through its VALO Columbus division, corporate banking, and an API Banking platform. It also acts as a CNV-registered settlement and integral negotiation agent (matrícula 60) and registered custody agent (matrícula 6). Services are distributed through direct institutional advisory, BYMA broker agents, and digital self-serve channels (Home Banking, virtualbroker).
Product overview
VALO (Banco de Valores S.A.) is an Argentine boutique investment bank operating as a multi-product financial services platform. The company offers a unified portfolio of services centered on capital markets activities, including fiduciary trust services (Fideicomisos) where it leads as Argentina's principal financial fiduciary with 38% market share, and investment fund custody services (Fondos comunes de inversión) managing 350 funds. The platform extends through investment banking (VALO Columbus), corporate banking, and an API Banking platform for service integration. All offerings are complemented by credit ratings from Moody's and Fitch. The company serves as a liquidation and compensation agent and integral negotiation agent registered with CNV (matrícula 60) and a registered custody agent (matrícula 6).
Differentiator
Problem solved
Functional benefit
Brands
- VALO Columbus: Investment banking services offering an integral approach to enhance financial and strategic decisions.
Products and services
- Fideicomisos (Financial Trusts) VALO structures and issues fideicomiso financiero (financial trusts) acting as principal financial fiduciary in Argentina. With 38% market share of trust emissions as of June 2025 and 1,600 trusts issued totaling $1.03 trillion, it provides a unique financing structure for multiple economic sectors, including consumer credit, corporate loans, and public-sector receivables. Intended for private and public sector issuers and the investors who subscribe to these securities.
- Fondos Comunes de Inversión (Mutual Fund Custody) Independent custody services for mutual fund (fondo común de inversión) assets, covering 350 funds with combined patrimonio exceeding $10.97 trillion, with real-time reporting and settlement capabilities. Intended for asset managers, mutual funds, and investors participating in collective investment products.
- Banca de Inversión / VALO Columbus Investment banking services offered under the VALO Columbus brand, providing an integral approach to capital markets advisory including debt issuances, IPOs, restructurings, and M&A for corporate and institutional clients.
- Banca Corporativa (Corporate Banking) Corporate banking services providing comprehensive financial support for companies seeking to enhance growth via structured financing and capital markets infrastructure, designed for mid-to-large Argentine companies.
- API Banking API Banking platform enabling third parties to integrate VALO's financial services into their own products and workflows, supporting business optimization through secure, scalable, fast, and easy-to-integrate API connections.
Quantifiable outcome
- 38% of total Argentine fideicomiso market by number of emissions as of June 2025
- +3 more outcomes
Companies that use Banco De Valores
Customer profileSegments3 records
Ideal customer profiles4 records
Banco De Valores technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Banco De Valores partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nicholson y CanominorNicholson y Cano provided advisory services in connection with Banco de Valores' amendment of its Global Fiduciary Securities Program SECUVAL III to USD 100 million. The program is registered under Argentine Negotiable Obligations Law and allows VALO to issue fiduciary securities in the international market.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Banco De Valores competitors and assessment
Company assessmentBroad incumbents
- Banco BBVA Argentina: Universal bank in Argentina offering corporate banking, capital markets and custody services that overlap with VALO's corporate banking and ECM advisory offerings.
- Banco Santander Argentina: Universal bank with strong investment banking, custody and asset management arms in Argentina; overlaps with VALO in fiduciary, custody, ECM and corporate banking.
- Macro Compañía Financiera: Diversified Argentine financial group with banking, brokerage and asset management operations; a broad incumbent across the same capital markets activities VALO serves.
- Banco Itaú Argentina: Argentine subsidiary of Itaú Unibanco with full-service banking including investment banking, custody and asset management — competing with VALO in mid-to-large corporate and institutional segments.
- Banco Hipotecario: Argentine commercial bank historically active in securitisation and structured finance; competes with VALO in fideicomiso structuring and capital markets intermediation.
- Bolsas y Mercados Argentinos (BYMA): Operator of the Buenos Aires Stock Exchange and central counterparty infrastructure. VALO acts as a BYMA-registered settlement agent and accesses the broker-agent network — making BYMA the dominant ecosystem incumbent.
- Banco de Galicia y Buenos Aires: Argentina's largest private universal bank with a sizable capital markets, custody and corporate banking franchise; competes with VALO across corporate banking, ECM and treasury services.
Direct peers
- TPCG (TPCG Valores): Argentine broker-dealer focused on capital markets intermediation, ECM and corporate advisory; closely comparable to VALO Columbus's investment banking and brokerage franchise.
- Balanz: Argentine independent broker-dealer and asset manager offering mutual funds, capital markets intermediation, and corporate advisory — directly comparable to VALO's investment banking, custody and trading operations.
- Puente: Argentine investment bank and broker-dealer providing corporate advisory, securities intermediation and asset management; closely mirrors VALO Columbus's ECM advisory and brokerage activities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Banco De Valores social profiles
Digital presenceBanco De Valores compliance and trust
Trust signalCompliance2 records
Banco De Valores financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banco De Valores leadership team
Management profileNumber of profiles
Banco De Valores subsidiaries and ownership
Company hierarchySubsidiaries2 records
Banco De Valores funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banco De Valores M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banco De Valores
What does Banco De Valores do?
Banco de Valores S.A. (VALO) is an Argentine boutique investment bank that provides capital markets services including fiduciary trust (fideicomiso financiero) structuring and issuance, mutual fund (fondo común de inversión) custody, investment banking advisory through its VALO Columbus division, corporate banking, and an API Banking platform. It also acts as a CNV-registered settlement and integral negotiation agent (matrícula 60) and registered custody agent (matrícula 6). Services are distributed through direct institutional advisory, BYMA broker agents, and digital self-serve channels (Home Banking, virtualbroker).
Is Banco De Valores a public or private company?
Banco De Valores is a public company. It is classified as public and is currently operating.
When was Banco De Valores founded?
Banco De Valores was founded in 1978. It employs 251 to 500 people.
Where is Banco De Valores based?
Banco De Valores is headquartered in Buenos Aires, Argentina, in the Latin America region.
How does Banco De Valores make money?
Six revenue lines are on record. Fiduciary Management Fees are the primary driver. The others are mutual Fund Custody Fees, investment Banking Advisory, corporate Banking Services, capital Markets Intermediation and API Banking Services.
Who are Banco De Valores's main competitors?
Broad incumbents on record are Banco BBVA Argentina, Banco Santander Argentina, Macro Compañía Financiera, Banco Itaú Argentina, Banco Hipotecario, Bolsas y Mercados Argentinos (BYMA) and Banco de Galicia y Buenos Aires. Direct peers are TPCG (TPCG Valores), Balanz and Puente.
Does Banco De Valores have an API?
Yes. VALO cuenta con una plataforma de API Banking que te permite integrar distintos servicios para optimizar tu negocio. The platform is described as seguro, escalable, veloz, and fácil de integrar. Developer documentation is at www.valo.ar/productos-y-servicios/api-banking.
What industry is Banco De Valores in?
Banco De Valores's product category is Investment Banking and Capital Markets Services. Its primary akta.pro industry code is FSAAANAB, Corporate & Institutional Trust Services, with a secondary code of FSACAAAI, Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness). Its NAICS code is 522110 and its SIC code is 6022.