News & Videos - XP INC.

SÃO PAULO, Brazil, Nov. 16, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of a minority stake in Vista Capital, one of the main independent equity and hedge funds managers in Brazil, with over R$4.5bn in Assets Under Management (AUM). This transaction reinforces XP’s strategy to develop the most complete ecosystem of managers and distributors in...

SÃO PAULO, Brazil, Nov. 03, 2021 (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the third quarter of 2021. To our shareholders "In adversity, some give up, while others exceed records." Ayrton Senna. This phrase has been inspiring us throughout our history. The ownership culture and our partnership, currently...

SÃO PAULO, Brazil, Oct. 19, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of a minority stake in AZ Quest, one of the largest and most traditional independent asset management companies in Brazil, and part of Italian Azimut Group since 2015. AZ Quest has a diversified platform of products that include Equities, Macro, Private Credit and Arbitrage...

SÃO PAULO, Brazil, Oct. 11, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 3Q21 KPIs. The Portuguese version of this release can be accessed in the Press Release section on the IR website. Banking Credit Portfolio¹ Our Credit portfolio reached R$8.6 billion as of September 30, 2021, expanding 122% year to date. The duration of our credit book was 3.3 years ,...

SÃO PAULO, Brazil, Oct. 01, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the resolutions as set out in its Notice of Annual General Meeting dated October 1, 2021 were duly passed at its Annual General Meeting held today. As a result, in connection with the consummation of the Merger, XPart was merged into XP and XPart ceased to exist,...

SÃO PAULO, Brazil, Sept. 09, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of a minority stake in Virgo, a financial solutions and capital markets services company. The transaction will allow Virgo to accelerate its plan to build the largest capital markets access marketplace for small and medium size companies and projects in Brazil. Virgo also...

SÃO PAULO, Brazil, Aug. 20, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that, in line with the Merger Protocol signed between XP Inc. and XPart and XP Part’s notice about its Shareholders’ Meeting to be held on October 1, 2021, the Company will hold its Annual General Meeting to deliberate on the merger of XPart into the Company on the same date. Details...

SÃO PAULO, Brazil, July 21, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its second quarter 2021 financial results on Tuesday, August 3, 2021 at 5:00pm ET (6:00pm BRT). A press release with the results will be issued after the market closes the same day. To participate in the earnings webcast please subscribe at 2Q21 Earnings...

SÃO PAULO, Brazil, Dec. 24, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP) . XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of Riza M&A, an independent financial advisory company. Riza has one of the most seasoned and respected teams in the segment, with experience in important financial institutions and active participation in some of the most relevant M&A transactions over the...

SÃO PAULO, Brazil, Dec. 07, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the closing of its underwritten public offering of 31,654,894 Class A common shares, 7,130,435 of which were issued and sold by the Company and 24,524,459 of which were sold by ITB Holding Brasil Participações Ltda. at a public offering price of US$39.00 per share. The offering was made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“ SEC...

SÃO PAULO, Brazil, Dec. 02, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the pricing of an underwritten public offering of 31,654,894 Class A common shares, 7,130,435 of which are being offered by the Company and 24,524,459 of which are being offered by ITB Holding Brasil Participações Ltda. at a public offering price of US$39.00 per share. The offering is being made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission...

SÃO PAULO, Brazil, Nov. 30, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the commencement of an underwritten public offering of 27,567,485 Class A common shares, 7,130,435 of which are being offered by the Company and 20,437,050 of which are being offered by ITB Holding Brasil Participações Ltda. pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“ SEC ”). In connection with the offering, XP and the selling...

SÃO PAULO, Brazil, Nov. 27, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, today commented, following the material fact released to the market on November 26, 2020, or the material fact, by Itaú Unibanco Holding S.A., or Itaú, in which Itaú communicated (i) the approval by its board of directors of the spin-off of its investment in XP, which will be segregated into a newly formed...

SÃO PAULO, Brazil, Nov. 09, 2020 (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the third quarter of 2020. To our shareholders: Today, we are reporting our fourth quarterly results since our IPO back in December 2019. Despite all the challenges imposed by the COVID-19 pandemic in 2020, we generated record...

SÃO PAULO, Brazil, Oct. 28, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by XP Inc. (Nasdaq: XP), please note the time of the webcast in BRT has been corrected from 6:00pm BRT to 7:00pm BRT. The corrected release follows: XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its third quarter 2020...

SÃO PAULO, Brazil, Oct. 28, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its third quarter 2020 financial results on Monday, November 9, 2020 at 5:00pm ET (6:00pm BRT). A press release with third quarter 2020 financial results will be issued after the market closes the same day. To participate in the...

SÃO PAULO, Brazil, Oct. 14, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today 3Q20 KPIs, including Assets Under Custody, Net Inflow, Active Clients, Retail Equity DARTs and NPS. Assets Under Custody (in R$ b illion) Total AUC reached R$563 billion at September 30, up 60% year-over-year and 29% quarter-over-quarter. Growth was driven by R$117 billion...

SÃO PAULO, Brazil, Sept. 14, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the elimination of brokerage fees for online stock trades at Rico, our online-only solution for self-directed investors, and a reduction of 75% at XP Direct (B2C) for the same type of trades. Guilherme Benchimol, XP’s founder and CEO commented, “democratizing investments in...

SÃO PAULO, Brazil, Sept. 11, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP) , a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the company has formed a partnership in the Wealth Management segment with a group of experienced private bankers that are former executives of Credit Suisse Hedging-Griffo. XP Inc. will hold a 49.9% minority stake in the company, with the transaction complementing...

SÃO PAULO, Brazil, Aug. 11, 2020 (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading, technology-driven financial services platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the second quarter of 2020. To our shareholders: We reached the end of a very challenging semester, but with a feeling of “mission accomplished”. Amid the global crisis and many uncertainties, we took the...