Investor Profile

Wences Casares

Often called one of Latin America’s original tech angels, the Argentine entrepreneur has been building and backing companies across the Americas since the late 1990s.

Track record


Patagon

Co-founded the online brokerage Patagon in Argentina in the late 1990s; the company was sold to Banco Santander in 2000 in one of the earliest large exits by a Latin American internet startup, giving Casares his first major liquidity event and, with it, angel capital to deploy.

Lemon and Xapo

Went on to found Lemon (a mobile wallet later acquired by LifeLock) and Xapo, an early and prominent bitcoin custody and wallet company — cementing his reputation as one of the first well-known Latin American advocates for cryptocurrency among institutional and tech circles.

Board and advisory roles

Has served on the boards of major technology and financial companies over the years, reflecting a network that spans well beyond Latin America — he is publicly known for having introduced bitcoin to a number of prominent Silicon Valley figures in the early 2010s.

How he invests

Casares is best known as an early-stage angel and board-level advisor rather than a fund manager — his public profile centers on personal checks and hands-on involvement rather than a formal investment vehicle with disclosed AUM. Reporting on his activity most consistently points to fintech and financial infrastructure as his core area of interest, consistent with his own founding history.

Because his investing is personal and largely undisclosed in detail, treat any specific portfolio claims (beyond publicly confirmed roles like board seats) with caution and verify independently before relying on them.

Frequently asked questions

What is Wences Casares best known for?
Co-founding Patagon (sold to Banco Santander in 2000) and later Xapo, one of the earliest major bitcoin custody companies — and for being an early, influential advocate for cryptocurrency among tech and finance circles well beyond Latin America.
Is Wences Casares still actively angel investing?
He remains a visible figure in fintech and crypto circles, but as with most individual angels, current, real-time portfolio activity is not publicly tracked in detail — treat any specific claims about active deals with appropriate skepticism and verify independently.
How is this profile sourced?
From public reporting on Patagon’s sale, Lemon and Xapo’s founding, and widely reported coverage of his role introducing bitcoin to prominent tech figures. See our full top angel investors list for how profiles on this site are selected.