Banco De Valores

Investment Banking and Capital Markets Servicesbancodevalores.com

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

Capital markets services
Fiduciary trust services
Investment fund custody
Investment banking advisory
Corporate banking services

Where Banco De Valores is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments3 records

Ideal customer profiles4 records

Banco De Valores technology and API

Technology

Technology 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 signal

Partnerships

One partnership is on record.

Nicholson y CanominorImplementation/ SI/ Consulting Partner · 28 October 2025Nicholson 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 assessment

Broad 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 compliance and trust

Trust signal

Compliance2 records

Banco De Valores financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Banco De Valores leadership team

Management profile

Number of profiles

Banco De Valores subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Banco De Valores funding detail

Funding detail

Funding 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 investment

M&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?

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.