XP acquires receivables financing company

XP acquires receivables financing company

M&A Equity Capital Markets Brazil US

Brazilian brokerage firm XP Inc said Tuesday that it entered the receivables financing market by acquiring a majority stake in Antecipa for an undisclosed amount. Antecipa is a digital platform for credit transactions between companies without a bank as an intermediary. Its initial investors included Redpoint eventures, a joint venture between US venture capital firms Redpoint Ventures and e.ventures, according to XP. The acquisition comes after XP started to offer credit to small and medium-siz

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial