MFGI invests EUR 100k in Native Teams

“MFG Invest” AD has decided to invest 100,000 (one hundred thousand) euros in the company Native Teams Limited, registered in England.
The investment is made through a SAFE instrument. The deadline for converting the amount into shares is January 21, 2025.

The total size of the funding round is 6,275,000 euros. 

About Native Teams
Native Teams is a global hiring and payment platform for employees, designed for remote and flexible work. It helps freelancers, remote workers, and employers manage their payments and employment status.
The platform offers the “employer of record” service, facilitating proper employment in various countries and ensuring compliance with local laws and regulations. Users can manage payroll, invoicing, and taxes through the multi-currency virtual wallet and international Native bank card, which also comes with an IBAN.
Additionally, Native Teams helps companies hire international talent by providing infrastructure for recruitment and onboarding of employees. Thanks to the platform, a company can hire an employee in a country where it does not have a legal entity and office, while the employee receives salary, pension, insurance, and other benefits as in any local firm.