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KM Financial Solutions | UPDATE 2-Brazil’s XP to boost banking unit after IPO; shares pop in U.S. debut
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UPDATE 2-Brazil’s XP to boost banking unit after IPO; shares pop in U.S. debut

10 Dec UPDATE 2-Brazil’s XP to boost banking unit after IPO; shares pop in U.S. debut

Posted at 21:46h in News by
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Shares of XP Inc, Brazil’s largest
digital broker, closed up more than 25% in their Nasdaq debut on
Wednesday, and the company said it will use the $1 billion
proceeds from the stock offering to boost its banking unit.

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