XP Inc. (XP) to Acquire DM10

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Go back to XP Inc. (XP) to Acquire DM10

XP Inc. Acquires Insurtech DM10 Strengthening Its Presence in the Insurance Sector

June 10, 2020 7:01 AM EDT

SO PAULO, Brazil, June 10, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the acquisition of DM10, a marketplace that connects hundreds of independent distributors with the best Life Insurance and Pension Plan products, adding value through technology and education. With the transaction, XP enhances its distribution network in the insurance segment. One year after its inception, XP Seguros is the fastest growing company in the sector,... More