Basa Capital

What Basa Capital does

Basa Capital is the leading brokerage house and investment fund administrator in Paraguay, operating since February 2019 through two CNV-regulated entities (Basa Casa de Bolsa S.A. and Basa Administradora de Fondos Patrimoniales de Inversión S.A.) that are subsidiaries of Banco Basa, a 25+ year-old Paraguayan bank. The firm runs a two-sided capital markets platform: on the investor side it distributes mutual funds (including the country's first 100% vista same-day redemption fund), corporate bonds, equities, a real estate fund (Lares I) and a cattle fund (Ferusa I); on the issuer side it structures and places bond and equity mandates for Paraguayan corporates such as Banco Basa, CECON, Enex Paraguay, Credicentro, Grupo El Álamo, Hilagro, VILUX and Tape Porã, and provides corporate financial advisory covering M&A, valuation and debt restructuring.

The technology stack centers on a proprietary mobile application (iOS, Android, Huawei AppGallery) that was the first in Paraguay to enable 100% digital client onboarding, complemented by a web-based customer portal. Features include real-time portfolio capitalization tracking, same-day mutual fund redemption, and TLS-secrypted data transmission; market data is augmented through a partnership with Cbonds. Distribution combines self-serve digital onboarding with a direct advisory sales force for corporate issuers and high-net-worth clients (BC Preference segment), supported by a national footprint (Asunción headquarters and the Alto Paraná CAC in Ciudad del Este).

Revenue is generated through transaction fees on securities placement, recurring management fees on administered mutual and investment funds, corporate financial advisory fees, and differentiated commission structures for BC Preference members. Pricing is largely quote-based; the flagship retail fund carries a Gs. 500,000 (~USD 100) minimum with zero entry/exit costs, while corporate bond and closed-end fund minimums are higher and rates are set per issuance. As of year-end 2023 the firm held 34.4% market share by traded volume (up from 27.7% in 2022), served 9,500+ investors, and was recognized by B2B Paraguay as the best brokerage house in bond and equity structuring (April 2024).

Name

Basa Capital

Legal name

BASA C.B.S.A. y BASA A.F.P.I.S.A.

Website

https://basacapital.com.py

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Basa Capital is Paraguay's #1 brokerage house and fund administrator (34.4% market share, 9,500+ clients as of 2023), a subsidiary of Banco Basa that operates a two-sided capital markets platform serving retail investors with digital-onboarded mutual funds and serving corporate issuers with bond/equity structuring and advisory.

Ownership category

akta.pro rank

Product category

Securities Brokerage and Investment Fund Administration

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Institutional Brokerage & Agency Execution (FSAEACAC)

akta.pro secondary industries

Special Purpose & Alternative Asset Brokerage (BPAJABAH), Real Estate Advisory & Consulting (Strategy, Portfolio & Location) (FSAEAJAH), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Securities brokerage
• Mutual funds
• Investment banking
• Corporate advisory
• Fund administration

Headquarters

HQ city

Asunción

HQ country

Paraguay

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Securities Trading & Placement Commissions: Basa Capital earns commissions and fees from structuring, placing, and distributing securities (bonds, equities, investment fund quotas) in the Paraguayan capital markets on behalf of corporate issuers and investors. Key activities include bond structuring and placement for corporate clients such as Banco Basa, COMFAR, Grupo El Álamo, CECON, Enex Paraguay, Hilagro, VILUX, Tape Porã, and Credicentro.
2. Mutual Fund & Investment Fund Administration Fees: Basa Capital (through Basa Administradora de Fondos Patrimoniales de Inversión S.A.) earns management fees for administering mutual funds (Fondos Mutuos 100% Vista, Fondo Mutuo LP Fidelidad) and investment funds (Fondo de Inversión Inmobiliario Lares I, Fondo de Inversión Ganadero Ferusa I). The company reported a fund AAf py risk rating maintained by FIX SCR for its mutual funds.
3. Corporate Financial Advisory: Basa Capital provides bespoke financial advisory to corporations including M&A advisory, business valuation, debt structuring/restructuring, business model evaluation, and corporate presentation preparation. This high-touch, relationship-driven service is offered alongside the placement of securities.
4. BC Preference – Exclusive Wealth Management Segment: Basa Capital operates BC Preference, an exclusive segment serving high-net-worth clients with personalized investment advisory, preferential commission rates, exclusive events, and priority access to new investment opportunities. Fees include preferential (discounted) commission structures for members.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Basa Capital is a Paraguayan securities brokerage house and investment fund administrator that intermediates the buying and selling of bonds, equities, and mutual funds, while structuring and managing proprietary investment funds (real estate and cattle) and providing corporate investment banking and financial advisory services to institutional and individual clients. It distributes its offerings through a proprietary mobile application, a secure web client portal, an exclusive BC Preference wealth segment, and regional Customer Attention Centers across Paraguay.

Product overview

Basa Capital is the leading brokerage firm and fund administrator in Paraguay, offering a diversified portfolio of investment products and financial services. The company operates as a unified platform combining: investment banking advisory (debt and equity structuring), three distinct mutual fund products (Vista 100% Vista for liquidity, LP Fidelidad for medium-term growth, and real estate/cattle sector funds), direct securities trading (bonds and stocks), and corporate financial advisory. These products are supported by a digital ecosystem comprising a mobile app and web portal enabling 100% digital onboarding and real-time investment management. The company serves retail investors through accessible entry points (from Gs. 500,000/USD 100) as well as high-net-worth clients via the exclusive BC Preference segment. Educational initiatives including the Capitalks podcast and financial literacy programs complement the product suite.

Differentiator

Problem solved

Functional benefit

Products and services

• Fondos Mutuos 100% Vista Proprietary family of mutual funds denominated in guaraníes with no entry or exit costs, available to individual investors through the Basa Capital mobile app and web portal, including options for diversification across fixed income and equities.
• Fondo Mutuo LP Fidelidad Proprietary mutual fund designed for retail and priority clients seeking yield-based returns through managed portfolio subscription.
• Fondo de Inversión Inmobiliario Lares I Real estate investment fund that allows investors to participate in income-generating property assets in Paraguay through a managed fund vehicle.
• Fondo de Inversión Ganadero Ferusa I Cattle investment fund that channels investor capital into livestock assets, providing exposure to the Paraguayan cattle sector as an alternative asset class.
• Bonos (Bond Brokerage) Brokerage and placement service for local corporate and sovereign fixed-income securities, enabling clients to buy and sell bonds in the Paraguayan market.
• Acciones (Equity Brokerage) Equity brokerage service for buying and selling listed stocks on the Paraguayan stock exchange, with execution against listed securities.
• Banca de Inversión (Investment Banking) Investment banking service covering the structuring, issuance, and placement of corporate bonds and equity instruments for Paraguayan issuers, executed as a contracted mandate.
• Asesoría Financiera Corporativa (Corporate Financial Advisory) Bespoke corporate financial advisory service for Paraguayan companies on strategic transactions, capital structure, and capital raising decisions.
• BC Preference (Exclusive Client Segment) Exclusive priority wealth management segment for high-net-worth and strategic clients of Basa Capital, providing personalized advisory, dedicated relationship coverage, and tailored portfolio solutions.
• Basa Capital Mobile App Proprietary mobile application available on iOS and Android that enables clients to subscribe to mutual funds, track portfolios in real time, and access Basa Capital investment services from mobile devices.

Quantifiable outcome

• 34.4% market share in Paraguayan capital markets as of year-end 2023, up from 27.7% in 2022
• +6 more outcomes

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

Feature5 records

Partnerships

Three partnerships are on record, tiered core and strategic.

• FerusacoreStrategic or Co-development Partner · 22 April 2024Basa Capital and Ferusa (a company with more than 40 years of experience in the cattle/livestock sector) signed an alliance to structure the Fondo de Inversión Ganadero Ferusa I, Paraguay's first cattle investment fund. The fund finances cattle breeding (12,000 breeding cows and 400 breeding bulls) and reached over Gs. 44,480 million in raised capital, validating investor appetite for agricultural investment products.
• Lares (Grupo Mia Terra)coreStrategic or Co-development Partner · 1 April 2023Basa Capital and Lares (part of Grupo Mia Terra) entered a strategic alliance to launch Paraguay's first real estate investment fund (Fondo de Inversión Inmobiliario Lares I), financing the construction and commercialization of 86 housing units in Greater Asunción. The fund was fully placed (100%) and achieved a 14.58% return vs. a 13% target rate. Both companies announced plans for a second real estate investment fund.
• CbondsstrategicTechnology or Integration · 13 April 2020Basa Capital signed an agreement with Cbonds, a prestigious independent financial data provider specializing in fixed-income markets operating across 170 countries in 8 languages. The partnership provides Basa Capital with access to global bond pricing, rates, and issuance data, enhancing its advisory capabilities with global best practices. Basa Capital became one of the first brokerage houses in Paraguay to sign with Cbonds.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Regional players

• GBM (Grupo Bursátil Mexicano): Mexican brokerage offering equities, fixed income, mutual funds, and wealth management to retail and institutional clients. Comparable regional peer serving a Latin American emerging capital market with a similar dual retail/corporate client strategy.
• Credicorp Capital: Andean regional broker affiliated with Credicorp, providing investment banking, asset management, and brokerage across Peru, Chile, Colombia, and the US. Comparable as a regional full-service broker with corporate advisory and retail wealth capabilities.
• Monex: Mexican financial group with brokerage, asset management, and corporate advisory divisions. Comparable as a regional Latin American broker serving both retail investors and corporate issuers with a diversified product platform.

Emerging players

• Interactive Brokers: Global digital-first brokerage with a strong technology platform for self-directed retail and institutional investors. Comparable to Basa Capital on the proprietary mobile-app and digital-onboarding differentiation, though serving a vastly different market segment.
• eToro: Global digital-first brokerage with a mobile-first onboarding experience and multi-asset product offering. Comparable to Basa Capital on the self-serve app-based differentiation strategy that broadens capital-market access to retail investors.
• Robinhood: US digital-first retail brokerage with mobile-only onboarding and zero-commission trading. Comparable to Basa Capital's app-driven accessibility narrative (Gs. 500,000/USD 100 minimum, zero entry/exit fees, same-day redemption), though operating in a vastly different regulatory and market environment.

Direct peers

• LarrainVial: Chilean brokerage and investment bank offering retail brokerage, mutual funds, corporate advisory, and wealth management. Closest regional analogue to Basa Capital's full-service model serving both retail investors and corporate issuers in a Latin American capital market.

Broad incumbents

• BTG Pactual: Latin America's largest independent investment bank with strong retail brokerage and asset management arms. Comparable to Basa Capital across investment banking (bond/equity structuring), mutual funds, and wealth management, though operating at materially greater scale and geographic breadth.
• XP Inc. Brazil's largest retail-focused investment platform offering brokerage, mutual funds, fixed income, equities, and corporate advisory. Directly comparable business model to Basa Capital but at vastly larger scale in a more developed capital market, serving as a regional benchmark for the digital-first brokerage thesis.
• Itaú BBA: Brazilian investment banking arm of Itaú Unibanco offering securities brokerage, M&A advisory, equity research, and fixed-income structuring. Comparable to Basa Capital's investment banking franchise (bond and equity structuring for corporate issuers) though embedded in a much larger banking group.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfndE2G7xi5YswUmY3aftnQ
• Facebookfacebook.com/BasaCapitalPy
• LinkedInlinkedin.com/company/basa-capital
• Instagraminstagram.com/basacapitalpy

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Basa Capital