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XP Scheduled, Nasdaq: XP

Fast-growing digital brokerage and wealth manager in Brazil.

Industry: Financials

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Industry: Financials

XP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil. We have developed a mission-driven culture and a revolutionary business model that we believe provide us with strong competitive advantages in our market. We use these to disintermediate the legacy models of traditional financial institutions by educating new classes of investors, democratizing access to a wider range of financial services, developing new financial products and technology applications to empower our clients, and providing what we believe is the highest-quality customer service experience in the industry in Brazil. We believe we have established ourselves as the leading alternative to the traditional banks, with a large ecosystem of retail investors, institutions, and corporate issuers in local and international markets, with offices in Brazil, New York, Miami, London and Geneva. Our revolutionary XP Model has been developed over the course of our evolution and enables us to go to market in a very different way from the legacy models of the large traditional financial institutions. We believe our model provides us with a unique value proposition for our clients and partners and has enabled us to instill trust in the XP brand and begin to change the way investment services are sold in Brazil.
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IPO News for XP
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IPO Data
IPO File Date 11/15/2019
Offer Price
Price Range $22.00 - $25.00
Offer Shares (mm) 72.5
Deal Size ($mm) $1,704
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $22.00 - $25.00
Offer Shares (mm) 72.5
Deal Size ($mm) $1,704
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters São Paulo, Brazil
Founded 2001
Employees 2,091
Website www.grupoxp.com.br