NWAI Dom Maklerski

What NWAI Dom Maklerski does

NWAI Dom Maklerski S.A. is a Warsaw-headquartered Polish brokerage firm (dom maklerski) founded in 2007 and listed on the NewConnect alternative market of the Warsaw Stock Exchange since March 25, 2011 under ticker NWA. The firm operates under a Polish Komisja Nadzoru Finansowego (KNF) license and was the first recipient of Authorized Advisor status for NewConnect, providing it with a structurally privileged role in SME capital markets advisory.

The firm's core product set covers the full Polish SME capital markets stack: bond and equity issuance, mezzanine and venture capital intermediation, FIZ closed-end fund certificates, depositary services for closed-end investment funds (40+ mandates), authorized advisory, market making, and shareholder registry services. The firm enforces a 10 million PLN minimum project size, has completed over 200 transactions cumulatively since founding representing nearly 3 billion PLN in transaction value, and in 2019 added a dedicated NWAI Shipping division covering maritime advisory, brokerage, and financing. Distribution runs through direct institutional and entrepreneurial relationships plus the eNWAI.pl digital channel.

The revenue model is transaction-and-license-fee based: upfront advisory and placement fees on issuance mandates, recurring depositary and authorized advisory retainers, market making spreads, and shipping finance commissions. The senior team is heavily ownership-aligned, with CEO Mateusz Walczak controlling approximately 65.6% of the share capital through New World Holding Sp. z o.o. (~61.2%) plus a direct ~4.4% stake. The firm is presently pursuing migration to the main WSE board, with KNF approving its prospectus on July 10, 2026, under the IC30 strategic plan targeting 20% annual return on equity over 2020-2030.

Name

NWAI Dom Maklerski

Legal name

NWAI Dom Maklerski S.A.

Website

https://nwai.pl

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

NWAI Dom Maklerski is a Warsaw-based Polish licensed brokerage serving SME and mid-market issuers with bond and equity issuance, FIZ depositary, authorized advisory, market making, and a dedicated shipping finance division.

Ownership category

akta.pro rank

Product category

Brokerage & Investment Banking Services

NAICS

Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industry

Unit Registry & Transfer Agency for Alternatives (Private Funds, SPVs, Closed-End) (FSAAAMAK)

Keywords

• Securities brokerage services
• Investment banking services
• Capital market advisory
• Depository services
• Equity issuance services

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Issuance Organization Services: Fees earned from organizing and managing securities issuances including bonds, shares, mezzanine financing, and investment fund certificates. Services include advisory, documentation, capital raising, market introduction, investor relations, and post-issuance support.
2. Brokerage Services: Secondary market trading services for corporate debt, government bonds, municipal bonds, and other securities for domestic and foreign institutional investors.
3. Depository Services: Custodian services for closed-end investment funds (FIZ), including asset registry maintenance and compliance oversight.
4. Issuer Services: Services including emission agent, emission sponsor, payment and calculation agent, documentary agent, shareholder registry, market maker (animation), authorized advisor, and intermediary services for listed companies and issuers.
5. Shipping Advisory: Ship valuation and market advisory services for the maritime sector, including transaction analysis and market reports.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

NWAI Dom Maklerski S.A. is a licensed Polish brokerage house (dom maklerski) that organizes and distributes securities issuances, including corporate and municipal bonds, equity (private placements, pre-IPO, public offerings with GPW or NewConnect listing), mezzanine financing, venture capital rounds, and closed-end investment fund (FIZ) certificates, with a minimum deal size of 10 million PLN. The firm complements issuance with a full suite of issuer services — issuing agent, issuing sponsor, shareholder register, registration intermediary, market making, authorized advisory, payment/calculation agent, documentation agent, bond records, and share/bond buyback intermediation — plus independent depository services for closed-end investment funds and a dedicated NWAI Shipping division for ship brokerage, ship financing, and maritime advisory.

Product overview

NWAI Dom Maklerski is a full-service brokerage and investment banking firm offering a comprehensive suite of capital market products and services through a platform-plus-modules architecture. The core offering spans five principal financing products: bond financing (Obligacje), mezzanine financing (Mezzanine), equity financing (Akcje), venture capital financing, and investment fund certificates (Certyfikaty FIZ). These are complemented by a broad ecosystem of issuer-side services including issuing agent, sponsor, shareholder register, registration intermediary, market making, authorized advisor, payment/calculation agent, documentation agent, bond records, buyback intermediation, transaction intermediation, and custodian services for closed-end investment funds. On the investment side, NWAI provides primary market access, secondary market brokerage, and regular market reports. The firm also operates NWAI Shipping, a specialized division combining capital markets expertise with shipping sector knowledge across brokerage, financing, and advisory. Client-facing digital platforms include the eNWAI.pl investment platform for retail investors and the Serwis Online portal for shareholder register access.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 200 transactions completed since 2007
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Q Securities: Polish brokerage house providing brokerage and advisory services to corporate clients and institutional investors, with a focus on smaller-cap Polish issuers. Directly comparable as a domestic broker-dealer active on NewConnect/Catalyst.
• Vestor Dom Maklerski: Polish broker-dealer offering intermediation, advisory and primary-market services on Polish equity and bond markets. Comparable to NWAI in serving SME issuers and institutional investors in Polish capital markets.
• IPOPEMA Securities: Polish brokerage and investment bank providing ECM/DCM advisory, brokerage, issue-agent and market-making services for small- and mid-cap issuers. Highly comparable to NWAI in product mix (bonds, equities, NewConnect advisory) and Polish SME-client focus.
• Copernicus Securities: Polish brokerage and investment-advisory firm servicing institutional clients and issuers on the WSE, NewConnect and Catalyst markets. Comparable as a domestic broker-dealer offering trading, advisory and issue-related services.
• Trigon Dom Maklerski: Polish investment-banking and brokerage house offering ECM advisory, brokerage and issuer services on GPW, NewConnect and Catalyst. Directly comparable to NWAI as a similarly-sized domestic broker with overlapping capital-raising, market-making and authorized-advisor offerings.
• Michael / Ström Dom Maklerski: Independent Polish brokerage focused on intermediation, primary-market offerings and advisory for SME issuers. Closely comparable to NWAI's target segment of small-cap bond and equity issuance on the Polish market.
• Dom Maklerski BOŚ (BOŚ Brokerage House): Polish broker-dealer active in primary and secondary market services for bonds and equities, including NewConnect/Catalyst. Overlaps with NWAI in retail-access brokerage, primary-market distribution and issuer services.

Broad incumbents

• BM PKO BP (DM PKO BP): Brokerage house of PKO Bank Polski, Poland's largest bank, offering full-spectrum capital-markets services including ECM, brokerage, custody and issue sponsorship. Comparable in product line-up to NWAI but operating as a subsidiary of a systemically important bank.
• Pekao Investment Banking (Bank Pekao S.A. IB division): The investment-banking arm of one of Poland's largest universal banks, offering ECM/DCM advisory, brokerage, custody and issue services across the full Polish capital-markets value chain. Comparable to NWAI as an issuer-services provider, but operates at much larger scale and with balance-sheet capabilities NWAI lacks.
• mBank (Brokerage and Investment Banking): Polish universal bank's brokerage and IB division providing ECM/DCM advisory, brokerage, custody and sponsor services. Comparable to NWAI in product breadth but far larger, with integrated banking balance-sheet capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dmnwai
• LinkedInlinkedin.com/company/17976150

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 NWAI Dom Maklerski