Fliper has an application for consolidating brokerage and bank accounts, combining the information of a user in different financial institutions on the same screen - an app built on the concept of “open banking”. “When we created Fliper, we wanted to use technology and innovation to solve a problem that still had no solution in the financial market. The essence of the business is to be an aggregator or financial GPS, ”says Renan Georges, one of the founders. Today, Fliper has 65 thousand active users, which add up to about 85 thousand investment and bank accounts with R $ 7 billion in portfolio. “Our average user has about R $ 200 thousand in investments, with 30% to 40% in variable income. The age group is between 25 and 40 years old, and each one has on average two accounts ”, says Georges. “We look at many companies that can complement our ecosystem and we find in Fliper a great synergy of business and culture with XP. We already had that proximity, so the transaction went very smoothly in the last three months ”, says Karel Luketic, responsible for XP's digital content area. “This acquisition is in line with the group's broader strategy to increasingly understand the customer and help him have more transparency about his portfolio.”

https://www.latamfintech.co/articles/xp-buys-control-of-wealthtech-company-fliper-that-allows-users-track-investments-of-brazilians