XP Inc, commonly known as XP Investimentos, is a leading financial services company based in Brazil. It was founded in 2001 by Guilherme Benchimol, who envisioned creating a platform that would democratize access to financial products and services in the country. The company started as an independent brokerage firm, providing online trading services to retail investors. Over the years, XP Inc has grown rapidly and expanded its offerings to become a comprehensive financial institution.
XP Inc operates through several subsidiaries, offering a wide range of financial products and services. These include brokerage services for stocks, options, and other financial instruments, as well as investment advisory services for individual and institutional clients. The company also provides asset management services, offering a variety of investment funds and products. XP Inc serves a diverse client base, including retail investors, high-net-worth individuals, and corporate clients.
XP Inc continues to expand its operations and enhance its platform to meet the evolving needs of its clients. The company's success can be attributed to its customer-centric approach, technological innovation, and the growing demand for financial services in Brazil. XP Inc remains a prominent player in the Brazilian financial market and continues to be a leading provider of investment and financial solutions in the region.