Dossier
client assets
Coverage of client assets in the Nexus archive.
- XP Enters Card Machines, Challenging Brazil’s Stone and Cielo
XP is expanding into card machines in Brazil, with 2025 card TPV reaching R$52.2 billion (US$10.3 billion), a 9% YoY increase. The company reported 1.5 million active cards in Q4 2025 and 4 million clients, challenging competitors Stone and Cielo.