Thursday 26 December 2019

Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, SoftBank backs Konfio

Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, SoftBank backs KonfioTech-driven investment firm XP Investimentos went public on the US Stock Exchange in mid-December raising $1.81 billion in the fourth-largest IPO of 2019. XP’s stock price jumped 30% on its first day of trading from $27 per share to $34.50. XP was founded in 2001 to provide brokerage training classes to Brazilians to help them invest in the international stock market.




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