Company Description
XP Inc. provides financial products and services in Brazil.
The company 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.
It offers brokerage and issuer services to institutional and corporate clients. The company 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, it 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.
The company 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 | Cayman Islands |
| Founded | 2001 |
| IPO Date | Dec 11, 2019 |
| Industry | Capital Markets |
| Sector | Financials |
| Employees | 6,669 |
| CEO | Thiago Maffra |
Contact Details
Address: 20, Genesis Close, George Town Grand Cayman, KY-1-1208 Cayman Islands | |
| Website | xpinc.com |
Stock Details
| Ticker Symbol | XP |
| Exchange | NASDAQ |
| Share Class | Class A Shares |
| Fiscal Year | January - December |
| Reporting Currency | BRL |
| IPO Price | $27.00 |
| CIK Code | 0001787425 |
| CUSIP Number | G98239109 |
| ISIN Number | KYG982391099 |
| SIC Code | 6211 |
Key Executives
| Name | Position |
|---|---|
| Jose de Menezes Berenguer Neto | Chief Executive Officer of Banco XP S.A. |
| Thiago Maffra | Chief Executive Officer |
| Guilherme Dias Fernandes Benchimol | Founder and Executive Chairman |
| Victor Andreu Mansur Farinassi | Chief Financial Officer |
| Andre Parize | Chief Investor Relations Officer |
| Fabrício Cunha de Almeida | General Counsel |
| Bruno Constantino Alexandre dos Santos C.F.A. | Advisor and Director |
| Marco Goncalves | Head of M&A |
| Gabriel Dos Santos | Head of Recruitment and Selection |
| Antonio Guimarães | Investor Relations Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 13, 2025 | SCHEDULE 13G/A | Filing |
| May 9, 2025 | SCHEDULE 13G/A | Filing |
| May 7, 2025 | 6-K | Report of foreign issuer |
| Apr 24, 2025 | 20-F | Annual and transition report of foreign private issuers |
| Apr 23, 2025 | SCHEDULE 13G/A | Filing |
| Mar 17, 2025 | 6-K | Report of foreign issuer |
| Mar 13, 2025 | 6-K | Report of foreign issuer |
| Feb 19, 2025 | 6-K | Report of foreign issuer |
| Feb 18, 2025 | 6-K | Report of foreign issuer |
| Feb 13, 2025 | SCHEDULE 13G/A | Filing |