XP Inc.: Acquires Stake in Fintech Fliper
- XP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil
- Announces the acquisition of a majority ownership stake in Fliper, an automated investment consolidation platform that offers its users connectivity
- The transaction allows XP Inc. to offer its customers additional resources to manage their investments
- The acquisition is part of XP Inc.’s growth strategy and reinforces the value that the company sees in innovative fintechs
- Fliper’s founders remain stakeholders in the company and maintain full independence to manage the business with the support of XP Inc.’s structure
- Fliper founded in 2017 with the purpose of transforming its users’ relationship with personal finance
