About XP Inc.
XP Inc. is a company based in Sao Paulo (Brazil) founded in 2001. It operates as a FinTech, and Brokerage / Intermediation. The company has 7,440 employees as of December 31, 2024. XP Inc. has completed 3 acquisitions, including Modal, Riza Asset Management and Suno. XP Inc. offers products and services including Financial Services. XP Inc. operates in a competitive market with competitors including Capitania Investimentos, Blue3 Investimentos, Center Investimentos, Quadrante Investimentos and Meu Acerto, among others.
- Headquarter Sao Paulo, Brazil
- Employees 7440 as on 31 Dec, 2024
- Stage Public
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Xp Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of XP Inc.
XP Inc. is a publicly listed company on the NASDAQ with ticker symbol XP in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of XP Inc.
XP Inc. offers a comprehensive portfolio of products and services, including Financial Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial products and services are offered to clients.
Unlock access to complete
Software Development Team
125 people
Assessor Team
19 people
Analista Team
19 people
Finance and Accounting
13 people
Human Resources and Administration
11 people
Senior Team
11 people
Data Analysis and Operations Team
10 people
Sales and Marketing
10 people
Unlock access to complete
Funding Insights of XP Inc.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $100.0M
-
First Round
First Round
(01 Jun 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Post-IPO - XP Inc. | Valuation |
investors |
|
| Apr, 2022 | Amount | Post-IPO - XP Inc. | Valuation |
investors |
|
| Jun, 2021 | Amount | Post-IPO - XP Inc. | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in XP Inc.
XP Inc. has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Itaú, General Atlantic and Giant Steps Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity fund focused on global markets
|
Founded Year | Domain | Location | |
|
A leading Brazilian bank, Itaú is focused on providing comprehensive financial solutions.
|
Founded Year | Domain | Location | |
|
Quantitative investment strategies and fund management are provided across markets.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by XP Inc.
XP Inc. has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Modal, Riza Asset Management and Suno. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Corporate advisory services are provided by Riza Capital in Brazil.
|
2017 | ||||
|
Financial services news is delivered via an online portal.
|
2016 | ||||
|
Investment bank
|
1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - XP Inc.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xp Inc. Comparisons
Competitors of XP Inc.
XP Inc. operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Capitania Investimentos, Blue3 Investimentos, Center Investimentos, Quadrante Investimentos and Meu Acerto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manages investment funds focused on credit private, infrastructure, and real estate.
|
|
| domain | founded_year | HQ Location |
Delivers comprehensive financial services solutions.
|
|
| domain | founded_year | HQ Location |
Offers personalized investment advice, management, and tools for clients in Brazil.
|
|
| domain | founded_year | HQ Location |
Financial advisory services are provided to clients in Brazil.
|
|
| domain | founded_year | HQ Location |
Financial advisory services are provided to clients in Brazil.
|
|
| domain | founded_year | HQ Location |
Offers comprehensive financial services in the securitization industry.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Xp Inc.
Frequently Asked Questions about XP Inc.
When was XP Inc. founded?
XP Inc. was founded in 2001 and raised its 1st funding round 18 years after it was founded.
Where is XP Inc. located?
XP Inc. is headquartered in Sao Paulo, Brazil.
How many employees does XP Inc. have?
As of Dec 31, 2024, the latest employee count at XP Inc. is 7,440.
What is the annual revenue of XP Inc.?
Annual revenue of XP Inc. is $3.21B as on Dec 31, 2024.
What does XP Inc. do?
XP Inc. is involved in offering financial services and products aimed at democratizing access to investments in Brazil. The company is focused on reducing abusive fees charged by traditional financial institutions. Solutions are provided to support financial education, aiming to empower individuals for better autonomy and freedom. Additionally, emphasis is placed on ESG principles, integrating sustainable and responsible investment practices into business models. The company operates within the financial sector, targeting transformation through diversity, inclusion, and impactful initiatives.
Who are the top competitors of XP Inc.?
XP Inc.'s top competitors include Meu Acerto, Quadrante Investimentos and Capitania Investimentos.
What products or services does XP Inc. offer?
XP Inc. offers Financial Services.
Is XP Inc. publicly traded?
Yes, XP Inc. is publicly traded on NASDAQ under the ticker symbol XP.
How many acquisitions has XP Inc. made?
XP Inc. has made 3 acquisitions, including Modal, Riza Asset Management, and Suno.
Who are XP Inc.'s investors?
XP Inc. has 3 investors. Key investors include Itaú, General Atlantic, and Giant Steps Capital.
What is XP Inc.'s ticker symbol?
The ticker symbol of XP Inc. is XP on NASDAQ.