Wenceslao Casares
| Wences Casares | |
|---|---|
| Born |
Wenceslao Casares February 26, 1974 Esquel, Chubut, Patagonia, Argentina |
| Residence | Palo Alto, California, United States |
| Occupation | CEO and Founder of Xapo |
Wences Casares (born February 26, 1974) is a technology entrepreneur with global business experience specializing in technology and financial ventures. He is an advocate of bitcoin and he has said he believes that bitcoin will be bigger than the Internet.
He is the founder and CEO of Xapo, a bitcoin wallet startup based in Palo Alto, California. Xapo is said to be the largest custodian of bitcoin in the world. Xapo has raised $40 million from leading Silicon Valley venture capital firms.
Casares sits on the board of PayPal, the world’s largest fintech company and, as part of his non-profit activities, he serves on the board of Endeavor, a non-profit organization that promotes high-impact entrepreneurship in emerging markets and that was instrumental in his early success and he also serves on the board of Kiva, a non-profit organization with a mission to connect people through lending to alleviate poverty worldwide.
Originally from Patagonia, Argentina, Casares launched that country's first Internet Service Provider, Internet Argentina S.A. in 1994, a company he would go on to sell in order to found the Argentine online brokerage Patagon in 1997. Patagon established itself as Latin America's first comprehensive Internet financial services portal and expanded its online banking services to the United States, Spain, and Germany. Patagon was acquired by the Spanish bank, Banco Santander for $750 million which became Santader Online worldwide.
Casares founded Wanako Games,(currently Behaviour Interactive), a videogame developer headquartered in New York City with development based out of Santiago, Chile. Wanako Games developed the award winning game Assault Heroes honored as "Game of the Year" for Microsoft Xbox Live in 2006, and was acquired by Activision.
In 2002, Casares along with his partners founded Banco Lemon, a retail bank for the underbanked in Brazil. Banco do Brasil, Brazil's largest bank, acquired Banco Lemon in June 2009.
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