XP Inc.
The Brazilian investment management firm XP Inc. The business provides wealth management and other financial services, as well as fixed income, equities, investment funds, and private pension products. Brazil is one of the countries that XP supports through its offices in Sao Paulo, Rio de Janeiro, New York, Miami, London, and Geneva.
Interfloat and Senso Corretora were acquired by XP, according to a 2011 announcement. The business also formalized the acquisition of Infomoney in October 2011. XP announced their partnership with Prime Corretora in 2012. It announced the $90 million acquisition of ClearCorretora in July 2014. XP Investimentos revealed that it purchased the Rico Corretora de Valores in December 2016. At the 2022 Sao Paulo Grand Prix, the Aston Martin F1 Team established a deal with XP as the team's official global financial services partner.
The market capitalization of XP Inc. as of March 2023 is $6.64 billion. By market cap, XP Inc. is now the 38th most valuable business in the world. The most recent financial reports from XP Inc. show that the company's current revenue (TTM) is $1.26 billion. The company generated $1.25 billion in revenue in 2021, an increase from $1.03 billion in revenue in 2020.
Founded: May 2001
Headquarters: São Paulo, Brazil
Website: www.xpinc.com