Independent technology startup, cryptofinancial service provider, or perhaps a heavy ship in stormy seas. Born out of a fusion of technology, finance, and time-honoured values, Engvall & Company can be described as many things. What is clear though, is our purpose: bring financial sovereignty to millions around the world and help them achieve their dreams.
Due to complex and often unsurmountable financial and regulatory barriers, much of the global real economy is effectively shut-out from international trade. Almost 2 billion people, the vast majority in developing countries, lack a bank account and do not have access to the global financial system, a crucial prerequisite of participation and exchange in the modern, globalised, and increasingly interconnected world of international commerce. With central banks around the world engaging in the coordinated debasement of government-issued currencies, savers and those who plan for the future have been harmed and continue to be harmed, with developing countries taking much of the burden leading to broadly inequitable economic outcomes.
With the backdrop of an increasingly globalised and interconnected world, archaic and often inaccessible traditional financial institutions, and a distinct lack of confidence in modern monetary systems, our mission is to help engineer the tools and technology needed to broaden financial accessibility in the world and help people regain their freedom to exchange, their freedom to save, and more importantly their freedom to achieve their dreams regardless of their circumstances. Put concisely, we want to help people regain their financial sovereignty.
It is easy for a company to say that the pursuit of technical excellence is a core engineering principle and not follow it in practice. Quality engineering, like anything else, is difficult, time-consuming, expensive, and is often seen as opaque and fruitless at times. It would be dishonest to suggest that we have never and will never experience a temptation to compromise excellence and succumb to expedience. However, as we are a technology company at heart, we take immense pride in the quality of our technology and will always try our best to never compromise our principle of engineering excellence when we design and build our products and services.
Admittedly heterodox, we believe the development of technology, particularly software engineering, to be a fine, meticulous, and perhaps even artistic craft rather than a readily-adaptable assembly line that can be repurposed at whim. In practice, this means that we are not a feature factory nor are we strong adherents of the "move fast and break things" engineering philosophy that is common in our industry. Like a skilled tailor crafting a bespoke suit, we consider development time and cost to be important, but never decisive, determinants of technical value.
The core technologies we use have been carefully discerned with a long-term perspective rather than convenience or fashion, with most of them selected due to their security, reliability, maintainability, and performance.
Cryptofinance may at a cursory glance appear to be a business where cutting-edge technology and sleek design reigns supreme. However, while technology is certainly important, we believe that our business is more a business of trust and confidence rather than a business of convenience and aesthetic. Easy to lose but extraordinarily difficult to gain, maintaining the trust of our customers, partners, and indeed the general public is of paramount importance for us.
We believe that principled corporate governance is an essential prerequisite. It is no secret that we aim to make a profit on our endeavours, but we will never compromise on the timeless values which crystalises what it means to be deserving of trust, even if it results in an unfavourable economic impact on our business. These values include integrity, prudence, reliability, transparency, an unconditional commitment to our customers, and uncompromising excellence in everything we do.
First exposed to Bitcoin in 2011, Marcus Engvall founded Engvall & Company in 2019 to develop technology and products that would help advance Satoshi Nakamoto's original vision of global financial liberation through technology.
A software engineer by profession, he is specialised in financial technology and high-performance systems, with professional experience from startups in London and Stockholm. He is an avid reader of economic literature with a particular interest in monetary and capital theory.
Among our distinguishing characteristics is the fact that we have not sought third-party equity finance to support our operations and growth – Engvall & Company is entirely self-funded and has only one shareholder, our founder and managing director. We do not have any growth targets to hit nor do we have any intention of offering shares to the public in the future.
While some might think resolute financial independence is a misguided policy which only dulls our growth potential, we believe this is a key policy to ensure that our long-term management objectives are aligned to our unconditional commitment to our customers and not towards rewarding third-party shareholders, private or public, who may prefer rapid returns and rapid growth. Ultimately, we think our ownership structure encourages long-term planning, discourages expediency, and is a crucial pillar of our principled approach to business. In other words, we are all-in.
Engvall & Company Ltd
483 Green Lanes
London N13 4BS
United Kingdom
