Company Description
XP Inc. provides financial products and services in Brazil.
It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services.
The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies.
In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients.
It offers its sell products and services through its omni-channel distribution network and online portals.
XP Inc. was founded in 2001 and is based in Grand Cayman, Cayman Islands.
| Country | Brazil |
| Founded | 2001 |
| IPO Date | Dec 11, 2019 |
| Industry | Capital Markets |
| Sector | Financials |
| Employees | 6,928 |
| CEO | Thiago Maffra |
Contact Details
Address: 20, Genesis Close Grand Cayman, George Town, E9 KY-1-1208 Cayman Islands | |
| Phone | 55-11-3075-0429 |
| Website | xpinc.com |
Stock Details
| Ticker Symbol | XP |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $27.00 |
| CIK Code | 0001787425 |
| CUSIP Number | G98239109 |
| ISIN Number | KYG982391099 |
| SIC Code | 6211 |
Key Executives
| Name | Position |
|---|---|
| Guilherme Dias Fernandes Benchimol | Founder and Executive Chairman |
| Thiago Maffra | Chief Executive Officer |
| Bruno Constantino Alexandre dos Santos | Chief Financial Officer and Director |
| Andre Parize | Head of Investor Realtions |
| Fabrício Cunha de Almeida | General Counsel and Director |
| Marco Goncalves | Head of M&A |
| Gabriel Dos Santos | Head of Recruitment and Selection |
| Jose de Menezes Berenguer Neto | Chief Executive Officer of Banco XP S.A. |
| Antonio Guimarães | Investor Relations Officer |
| Ygor Gomes Altero | Equity Research Analyst |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Feb 28, 2024 | 6-K | Report of foreign issuer |
| Feb 27, 2024 | 6-K | Report of foreign issuer |
| Feb 27, 2024 | 6-K | Report of foreign issuer |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Jan 29, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 26, 2024 | 6-K | Report of foreign issuer |
| Dec 8, 2023 | 6-K | Report of foreign issuer |
| Nov 28, 2023 | 144 | Filing |