On November 27, 2024, MFG Invest invested an additional amount of 150 000 euros in the company Native Teams Limited, registered in England under number 12584623. The investment was made through a SAFE instrument, and the conversion period for the amount into shares is March 24, 2025.
The funding is part of a bridge round realized by the current investors in the company. In March 2024 MFG Invest invested the amount of 100 000 euros in the company.
About Native Teams
Native Teams is a global platform for hiring and paying employees, designed for remote and flexible work. It helps freelancers, remote workers, and employers manage payments between each other and handle their employment status.
The platform offers an “employer of record” service, facilitating proper employment in various countries and ensuring compliance with local laws and regulations. Users can manage their income, invoicing, and taxes within the platform
leveraging a multi-currency virtual wallet, an individual IBAN and a spending card.
Additionally, Native Teams assists companies in hiring international talent by providing the infrastructure for recruiting and onboarding workers. Thanks to the platform, a company can hire an employee in a country where it does not have a legal entity or office, while the employee is provided with full employments status and receives a salary, pension, insurance, and other benefits in compliance with the local regulations.