XP (XP) has released an update.
XP Inc., a prominent financial services platform in Brazil, has reported robust first-quarter results for 2024, with a 28% year-over-year increase in gross revenue to R$4.3 billion and significant client asset growth to R$1.1 trillion. The company’s net income rose by 29% compared to the same period last year, and active client numbers saw a 16% increase, signaling strong business expansion and market confidence.
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