XP Inc.

XP Inc. Announces New Head of Investor Relations

Retrieved on: 
Wednesday, November 22, 2023
Software, Personal Finance, Finance, Asset Management, Professional Services, Technology, Apps, Applications, Fintech, Pariz, XP, Head, Santander Brasil, CFO, XP Inc., Research, Constantino, Accounting, Banco Votorantim, Paulo, IPO, Private equity, Growth

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 appointment of André Parize to lead its Investor Relations team.

Key Points: 
  • 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 appointment of André Parize to lead its Investor Relations team.
  • Parize joins the company's IR team in São Paulo and will report to Bruno Constantino, Chief Financial Officer of XP Inc.
    André Parize brings over twenty years of experience across various industries.
  • Parize also held the position of Head of Investor Relations at Banco Santander Brasil for five years, leading an award-winning team.
  • He has spent eight years in roles such as Head of Research at Votorantim Corretora and Private Equity at Banco Votorantim.

XP Inc. Announces Cash Dividend

Retrieved on: 
Monday, November 13, 2023
Consulting, Fintech, Professional Services, Finance, XP, XP Inc., Holding company

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 its Board of Directors has approved payment of a cash dividend of US$0.73 per common share.

Key Points: 
  • 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 its Board of Directors has approved payment of a cash dividend of US$0.73 per common share.
  • The dividend will be payable on December 22, 2023, to shareholders of record as of December 13, 2023.

SIGMA LITHIUM RECEIVES FROM GLENCORE A 50% PREPAYMENT AT PREMIUM PRICES FOR ITS THIRD SHIPMENT OF 20,000 TONNES

Retrieved on: 
Tuesday, October 31, 2023
Lithium, Carbon, DMS, Sewage, Water, River, Metal, Saft (company), Forest, ACeS, XP Inc., Drinking water, Soil, LME, Renewable energy, Glencore, Greentech

The 50% prepayment reflects a premium pricing at a 9% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company's unique Triple Zero Green Lithium.

Key Points: 
  • The 50% prepayment reflects a premium pricing at a 9% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company's unique Triple Zero Green Lithium.
  • The shipment is part of a commercial distribution and marketing agreement with Glencore that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles.
  • Glencore is the counterparty client for Sigma Lithium in the third shipment.
  • Water preservation: Preserves 100% of the Piaui Creek source of drinking water for the communities living around Sigma Lithium.

XP Inc. Reports 3Q23 KPIs

Retrieved on: 
Tuesday, October 24, 2023
Other Professional Services, Data Management, Technology, Finance, Consulting, Fintech, Business, Accounting, Professional Services, Asset Management, Personal Finance, Other Technology, Software, Networks, Mobile, Wireless, Yoy, International Accounting Standards Committee, NPL, International, KPI, XP Inc., IR, NPS, Quarter, XPV, Bank statement, Credit card, Growth, XP, Intercompany crossover, International Accounting Standards Board, Cryptocurrency, Commercial property, Financial adviser, Bank, Modal

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 3Q23 KPIs.

Key Points: 
  • 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 3Q23 KPIs.
  • In 3Q23, Net Inflow was R$48 billion, up 118% QoQ and 38% YoY.
  • These figures include R$34 billion of Client Assets from Modal, which were accounted as Net Inflow in 3Q23.
  • Retail DATs totaled 2.1 million in 3Q23, down 9% YoY and 2% QoQ, reflecting weaker volumes in the equity market.

G30 Report Examines the Economic Underperformance of Latin American Countries

Retrieved on: 
Wednesday, September 6, 2023
Democracy, Public policy, London, G30, Central bank, COVID-19, Senior advisor, Group of Thirty, Trust, Multimedia, XP Inc., Former, European Case Law Identifier, Country, Central Bank of Brazil, Working Group, BTG Pactual, GDP, Trustee, School, Growth, Region, Bank, London School of Economics, Bank of Mexico, Creative industries, Drug, Management, Economics

WASHINGTON, Sept. 6, 2023 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Why Does Latin America Underperform? A product of the G30 Working Group on Latin America, the report analyzes the complex and intertwined structural, financial, and political drivers that result in the countries of Latin America consistently delivering poorer economic outcomes when measured against other similar countries outside the region.

Key Points: 
  • New G30 Report Examines the Economic Underperformance of Latin American Countries, and Identifies Potential Solutions as the Region Exits the COVID-19 Pandemic
    WASHINGTON, Sept. 6, 2023 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Why Does Latin America Underperform?
  • A product of the G30 Working Group on Latin America, the report analyzes the complex and intertwined structural, financial, and political drivers that result in the countries of Latin America consistently delivering poorer economic outcomes when measured against other similar countries outside the region.
  • While many countries in Latin America share similar challenges, there are unique circumstances preventing a one-size-fits-all explanation to the question of underperformance.
  • The report identifies four distinct low-growth syndromes to characterize Latin American countries:
    Endemic macroeconomic instability as seen in Argentina, Ecuador, and Venezuela.

XP Inc. Announces Cash Dividend

Retrieved on: 
Friday, September 1, 2023
Fintech, Professional Services, Finance, XP, XP Inc., Holding company

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 its Board of Directors has approved payment of a cash dividend.

Key Points: 
  • 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 its Board of Directors has approved payment of a cash dividend.
  • The dividend will be payable on September 25, 2023, to shareholders of record as of September 12, 2023.
  • The total dividend paid will be US$320,000,000 or US$0.58 per common share.

XP Inc. Reports 2Q23 KPIs

Retrieved on: 
Wednesday, July 19, 2023
Retail, Construction & Property, Data Management, Insurance, Technology, Finance, Consulting, Fintech, Banking, Professional Services, Other Retail, REIT, Software, Networks, Internet, KPI, XPV, IR, International, Intercompany crossover, International Accounting Standards Committee, XP Inc., Bank statement, NPL, XP, NPS, Credit card, Yoy, Growth, Quarter, International Accounting Standards Board, Commercial property, Bank

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 2Q23 KPIs.

Key Points: 
  • 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 2Q23 KPIs.
  • In 2Q23, Net Inflow was R$22 billion, up 36% QoQ and down 49% YoY.
  • Retail DATs totaled 2.2 million in 2Q23, down 4% YoY and 8% QoQ, reflecting weaker volumes especially in futures.
  • Maintaining a high NPS score remains a priority for XP since our business model is built around client experience.

XP Inc. Announces Termination of Shareholders Agreement

Retrieved on: 
Monday, July 10, 2023
Banking, Fintech, Professional Services, Finance, XP Inc., XP, GA, ITB, General Atlantic, LP, Airline

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 termination of its shareholders agreement executed between XP Control LLC, General Atlantic (XP) Bermuda (“GA”), LP, Itaúsa S.A. (“Itaúsa”), São Carlos Investimentos Ltd. (“São Carlos”), São Marcos Investimentos Ltd. (“São Marcos” and, together with Itaúsa and São Carlos, the “Iupar Group”), ITB Holding Ltd. (“ITB”) and Itaú Unibanco Holding S.A. (“Itaú Holding” and, together with ITB, “Itaú”), originally expected to continue until October, 2026.

Key Points: 
  • 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 termination of its shareholders agreement executed between XP Control LLC, General Atlantic (XP) Bermuda (“GA”), LP, Itaúsa S.A. (“Itaúsa”), São Carlos Investimentos Ltd. (“São Carlos”), São Marcos Investimentos Ltd. (“São Marcos” and, together with Itaúsa and São Carlos, the “Iupar Group”), ITB Holding Ltd. (“ITB”) and Itaú Unibanco Holding S.A. (“Itaú Holding” and, together with ITB, “Itaú”), originally expected to continue until October, 2026.
  • This termination was agreed to between the shareholders and strengthens XP Inc.'s corporate governance practices and the composition of its board of directors.
  • GA will maintain its right to nominate one board member as long as it maintains a minimum of 2% ownership in XP Inc.; and
    3.
  • XP Inc.’s board will be reduced to 9 members (from 11) to improve its effectiveness.

XP Inc. Reports 1Q23 KPIs

Retrieved on: 
Tuesday, April 25, 2023
Retail, Construction & Property, Data Management, Insurance, Technology, Finance, Consulting, Fintech, Banking, Professional Services, Other Retail, REIT, Software, Networks, Internet, KPI, XPV, IR, International, Intercompany crossover, International Accounting Standards Committee, XP Inc., Bank statement, NPL, XP, NPS, Credit card, Yoy, Growth, Quarter, International Accounting Standards Board, Cryptocurrency, Commercial property, Bank

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 1Q23 KPIs.

Key Points: 
  • 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 1Q23 KPIs.
  • To participate in the earnings webcast please subscribe at: 1Q23 Earnings Web Meeting .
  • Our network reached 13.0 thousand IFAs in 1Q23, up 6% QoQ and 21% YoY, maintaining XP as #1 independent distribution platform in Brazil.
  • Retail DATs totaled 2.3 million in 1Q23, up 2% YoY and down 13% QoQ, reflecting a weak equity market in 1Q23.

XP Inc. Reports 4Q22 KPIs

Retrieved on: 
Tuesday, January 17, 2023
Banking, Fintech, Professional Services, Finance, Ecosystem, International Accounting Standards Board, Intercompany crossover, KPI, IR, NPS, International, Yoy, NPL, Growth, XP Inc., Quarter, XPV, XP, Credit card, Investment, Renewable energy, Video game, Bank

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 4Q22 KPIs.

Key Points: 
  • 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 4Q22 KPIs.
  • In 4Q22, Net Inflow was R$31 billion, down 11% QoQ and 36% YoY.
  • Retail DATs totaled 2.7 million in 4Q22, up 8% YoY and up 16% QoQ, in line with recent market trends.
  • Maintaining a high NPS score remains a priority for XP since our business model is built around client experience.