tiprankstipranks
Company Announcements

XP Inc. Responds to Allegations with Commitment to Transparency

Story Highlights
XP Inc. Responds to Allegations with Commitment to Transparency

XP ( (XP) ) has provided an announcement.

On March 12, 2025, XP Inc., a prominent financial services provider in Brazil, addressed misleading allegations made by Grizzly Reports regarding its business model and operations. The company reaffirmed its commitment to ethics, transparency, and regulatory compliance, and announced it is considering legal action against Grizzly Research. XP emphasized its dedication to maintaining the trust of its clients, partners, and shareholders, and continues to operate under strict regulatory supervision and regular audits.

More about XP

XP Inc. is a leading, technology-driven platform in Brazil, offering low-fee financial products and services. The company’s mission is to disrupt traditional financial institutions by educating investors, democratizing access to financial services, developing new financial products and technology, and providing high-quality customer service. XP offers financial advisory services and an open financial product platform with over 800 investment products.

YTD Price Performance: 19.73%

Average Trading Volume: 7,090,288

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.08B

For detailed information about XP stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App