XP serves customers in Brazil and has offices in São Paulo, Rio de Janeiro, New York, Miami, London and Geneva.

[1] In 2001, Guilherme Benchimol and Marcelo Maisonnave created XP Investimentos CCTVM S.A., in Porto Alegre, as a company of independent investment agents.

[citation needed] In July 2014, it announced the purchase of Clear Corretora for $90 million.

[citation needed] In December 2016, XP Investimentos announced that it had acquired the Rico Corretora de Valores.

[citation needed] In November 2022, Aston Martin F1 Team announced a partnership with XP as the team's official global financial services partner at the 2022 São Paulo Grand Prix.