Valores Casa de Bolsa

What Valores Casa de Bolsa does

Valores Casa de Bolsa S.A. is a Paraguayan brokerage house headquartered in Asunción, founded in 1993 and operating under BCP regulation. It is the first fiduciary structuring firm in Paraguay since fiduciary activity was regulated in 2003 and has positioned itself as one of the longest-tenured capital-markets intermediaries in the country. Its offering spans five core services: stock exchange intermediation, international market access (delivered through a 2023 strategic alliance with INVIU, part of Grupo Galicia, routing clients to Pershing and Interactive Brokers), economic and financial analysis for companies seeking capital, public-private partnership advisory, and fiduciary structuring. Distributable investment products include bonds (bonos), certificates of deposit (CDAs), equities (acciones), and repo/reporto operations, supported by client-facing tools such as an investment calculator, an investment basket portfolio tracker, and a 10-step risk profile assessment.

The business operates on a sales-led, advisor-driven go-to-market model with no minimum account balance requirement and minimum investment tickets of Gs. 1,000,000 (PYG) or USD 1,000. Revenue is generated primarily through percentage-based brokerage commissions on intermediated volume and professional services fees for advisory mandates such as bond and stock issuance structuring, fiduciary structuring, and public-private partnership facilitation. Customer segments include individual investors (retail intermediation and portfolio guidance), private companies (capital-raising mandates), municipal governments (municipal bond issuance), and foreign investors (market entry via the INVIU international channel).

Ownership is concentrated: CEO Christian Borja Terán, an Ecuadorian radicado in Paraguay since 2005 and a recognized pioneer of the domestic brokerage industry, holds majority control after acquiring the share package from Banco Credit Andorra in 2018. The firm previously traced ownership to Portafolio de Valores SAECA and, originally, to Sudameris Casa de Bolsa within Italy's Gruppo Intesa Banca Commerciale Italiana. Headcount is in the 11–50 range and the operating footprint remains single-country (Paraguay), with international reach delivered exclusively through the INVIU partnership rather than proprietary cross-border infrastructure.

Name

Valores Casa de Bolsa

Legal name

Valores Casa de Bolsa S.A.

Website

https://valores.com.py

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Paraguayan brokerage house founded in 1993 providing stock exchange intermediation, international market access via INVIU, fiduciary structuring, and capital-raising advisory to individual investors, corporates, and government entities.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Trust, Fiduciary, and Custody Activities (523991)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Agency & Supranational Bond Trading Platforms (FSAFACAD)

akta.pro secondary industries

Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC), Structured Finance Legal, Trustee & Administration (FSACACAJ)

Keywords

• Securities brokerage
• Stock exchange intermediation
• Bond issuance structuring
• Fiduciary structuring services
• International market access

Headquarters

HQ city

Asunción

HQ country

Paraguay

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Commission: The brokerage house charges a percentage-based commission on the value of investments made by clients. Additional fees may include trading charges for securities transactions on the stock exchange.
2. Financial Advisory Services: Advisory services provided to companies for structuring bond and stock emissions, including economic and financial analysis of enterprises seeking to raise capital through the stock market.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Valores Casa de Bolsa is a Paraguayan brokerage house that intermediates trades on the Paraguayan stock exchange, structures and places equity and bond issues for corporations and governments, provides fiduciary structuring services, and facilitates international market access through its INVIU partnership. It offers investment products including bonds (bonos), savings certificates (CDAs), stocks (acciones), and repo agreements to both individual and institutional investors.

Product overview

Valores Casa de Bolsa is a brokerage firm offering a unified platform of investment services. The core offerings include stock exchange intermediation, international market access (via INVIU partnership), economic/financial analysis for companies, public-private partnerships structuring, and fiduciary structuring services. Investment products include bonds (bonos), savings certificates (CDAs), and stocks (acciones). Supporting tools include an investment calculator, investment basket portfolio tool, and risk profile assessment. The firm positions itself as the first fiduciary structuring firm in Paraguay, operating since 1993.

Differentiator

Problem solved

Functional benefit

Products and services

• Stock Exchange Intermediation (Intermediación Bursátil) Full-service stock exchange intermediation providing an investment experience with access to financial markets, guidance through markets, and tools for individual and institutional investors to achieve investment objectives.
• International Market Access (Mercado Internacional) International market access through INVIU partnership enabling investment opportunities in global markets via Pershing and Interactive Brokers platforms for individual and institutional clients.
• Economic and Financial Analysis for Companies Economic and financial analysis services for companies seeking financing through the stock market, including determination of optimal mechanisms for capital raising tailored to each enterprise or project.
• Public-Private Partnership and Private Initiatives Facilitation of public-private partnerships for large-scale project development, structuring and presenting projects to local and international investors.
• Fiduciary Structuring (Estructuración Fiduciaria) Specialized fiduciary advisory services including customized trusts, inflationary adjustments, actuarial calculations, currency diversification, and structured guarantees. First fiduciary structuring firm in Paraguay since 2003.
• Bonos (Bonds) Debt securities representing a portion of debt from companies or the state, providing returns through fixed interest rates with predetermined maturity periods, intermediated on the Paraguayan stock exchange.
• Certificados de Depósito de Ahorro (CDA) Savings certificates issued by financial institutions with fixed terms and interest rates, guaranteed by the Central Bank of Paraguay up to 75 minimum monthly salaries.
• Acciones (Stocks) Securities representing ownership capital in companies, available as ordinary and preferred shares, generating returns through dividends for investors.
• Repo / Reporto de Títulos Temporary sale agreement of securities (bonds, shares, or financial instruments) where the seller agrees to repurchase the asset at a future date and predetermined price.

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

One partnership is on record.

• INVIU (Grupo Galicia)coreStrategic or Co-development Partner · 1 January 2023In 2023, Valores Casa de Bolsa signed a partnership agreement with INVIU, part of Grupo Galicia, to enable individual account openings with access to international platforms such as Pershing and Interactive Brokers. This allows the brokerage's clients to invest in international markets.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Larraín Vial: Chilean financial group with a sizable brokerage, asset management and corporate finance business. Comparable as a regional incumbent in brokerage and equity/bond issuance that has expanded into cross-border wealth services.
• Credicorp Capital: Latin American investment bank and brokerage with operations across Peru, Chile, Colombia and the US. Comparable as a broad incumbent in capital markets intermediation, fixed income trading and corporate finance across the Andean and Southern Cone region.
• Banchile Corredores de Bolsa: Chilean brokerage house providing intermediation, fixed income trading and investment advisory. Comparable as a regional brokerage with a similar mix of equity intermediation, fixed income sales and retail/institutional advisory.
• BTG Pactual: Leading Latin American investment bank offering brokerage, structuring, asset management and wealth management across the region. A broad incumbent whose investment-banking and securities capabilities overlap with Valores' fixed-income structuring and intermediation franchise.

Direct peers

• Balanz Capital: Argentine retail and institutional brokerage with strong presence in fixed income and local equity intermediation. Comparable Southern Cone brokerage with analogous product mix and advisory-led model.
• Cadista Casa de Bolsa: Paraguayan brokerage house offering stock exchange intermediation and investment advisory services. Directly competes with Valores for retail, corporate, and institutional clients in Paraguay.
• Basa Capital Casa de Bolsa: Paraguayan brokerage house affiliated with Banco BASA, offering intermediation, custody and capital markets services domestically. Direct competitor to Valores in Paraguayan stock and bond brokerage, serving overlapping issuer and investor segments.
• Puente Hnos: Argentine brokerage and asset manager focused on intermediation, advisory and fixed income. Comparable as a Southern Cone full-service brokerage offering equity, bond and international market services to retail and institutional clients.
• INVIU (Grupo Galicia): Argentina-based digital brokerage of Grupo Galicia providing domestic and international market access via Pershing and Interactive Brokers. Functions as both strategic partner and a potential competitive distribution channel for cross-border investors.
• Casa de Bolsa Regional: Paraguayan brokerage house linked to Banco Regional, providing equity and fixed income intermediation in the local market. Directly comparable in scale, business model and customer base to Valores.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/valorescbsa
• Facebookfacebook.com/valorescasadebolsa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Valores Casa de Bolsa