BBVA teams up with Nasdaq Private Market to facilitate liquidity opportunities for high-growth private companies in Latam

BBVA´s specialized banking unit for high-growth innovative companies and Nasdaq Private Market (NPM), a leading provider of liquidity, capital and investment solutions for private companies, employee shareholders and investors, announced today a strategic collaboration to facilitate streamlined introductions for BBVA’s portfolio upon their express request to secondary market liquidity.

Through a referral agreement, BBVA´s clients, subject to their own request, will be able to access NPM, an independent U.S.-regulated entity,  and explore liquidity solutions directly through its institutional-grade platform including structured tender offers and private secondaries, under NPM’s service terms. This initiative aims to address the growing demand for liquidity among founders, employees, and early investors in the Latin American tech ecosystem.  The collaboration extends Nasdaq Private Market’s proven platform to private companies in a growing market and gives BBVA´s business unit for high-growth companies an additional added value to their clients.

As private companies stay private for longer, the need to provide flexible liquidity options to employees and early shareholders is becoming table stakes and a cornerstone of a healthy financial structure. In 2025, private secondary markets saw company-led tender offers in the US alone reach $35 billion.

Together, BBVA and Nasdaq Private Market aim to contribute to a more mature and accessible private market ecosystem across LatAm - one where structured liquidity is an expected part of how companies manage talent and equity at scale. By combining NPM's decade of experience supporting private companies with liquidity solutions with BBVA´s deep relationships with the region's most successful founders, the collaboration establishes a framework for cross-border client introductions  and  strengthens the private market ecosystem in LatAm for companies, employees, and investors alike.

“Founders and investors are increasingly looking for ways to unlock liquidity without forcing an exit. By partnering with Nasdaq Private Market, from BBVA´s business unit dedicated to high-growth companies we’re facilitating connections for our clients to be able to structure secondary transactions and bring in new investors without the need for an IPO”,  said Rodrigo Velasco, Country Manager México & LatAm Head of BBVA Spark.

"For more than a decade, Nasdaq Private Market has helped entrepreneurs at hundreds of the world’s most recognized companies build structured liquidity programs that enable them to retain and attract talent, while strategically managing their equity pools. BBVA has made an exceptional investment in supporting those founders across Latin America - and that commitment is exactly what we look for in a partner. We are excited to bring our services to the companies they work with, and to expand our reach into these regions alongside an organization that founders genuinely trust," said Sam Tortora, Chief Growth Officer at Nasdaq Private Market.

This collaboration will initially focus on later stage companies across BBVA´s Latam markets: Mexico, Colombia and Argentina. The partnership offers a way to unlock liquidity without raising new capital or diluting existing shareholders, allowing founders and early investors to realize partial exits, supporting employee retention through equity monetization, and enabling the entry of new institutional investors ahead of future rounds or exits.

Commitment to Innovation

BBVA´s unit dedicated to high growth companies continues to solidify its role as the leading ally for the innovation ecosystem. With nearly €1 billion in bank  financing and a unique model that speaks the language of entrepreneurs , this agreement with Nasdaq Private Market marks a significant step in its mission to offer "finance that grows with you".

For NPM, the partnership provides access to some of the most promising private companies emerging from BBVA's ecosystem across a high-growth region. As private markets become increasingly global, partnerships with trusted, founder-facing institutions are central to Nasdaq Private Market’s strategy for expanding its reach and deepening its global network.