(Skopje, North Macedonia – July 30, 2024 - Native Teams, the fintech and HR platform for global work payments is introducing a unique, more optimised way to work tax-efficiently. With this upgrade, the company provides increased financial benefits and convenience for freelancers, digital nomads, international workers and global business owners.

Following the latest investment round from May of this year, in which Native Teams secured over €6.2M of new investment, the company continues demonstrating its commitment to becoming the go-to platform for global work payments. 

Thanks to their first-hand experience and deep understanding of a remote workforce’s needs, Native Teams is now offering more tax-efficient ways to allocate funds, earn interest on savings, and other practical ways to optimise how users manage income and taxes.

Introducing the new ‘spend money’ functionality, users can buy work essentials - from flights to computers - directly from their Native Teams wallet via a combination of partners and internal capabilities. By handling business spend through the Native Teams platform, users are able to use funds in the most tax-efficient ways that comply with local legislation.  

“At Native Teams, we are taking the next steps in our journey to deliver the best possible experience for employee users and their employers. Our platform for global work payments combined with tax-efficient business expenditure ensures that our users have even more tools to manage earnings, savings and some business expenditure in the most tax-efficient and joined-up manner.” - said Jack Thorogood, the CEO and Founder of Native Teams.

The new fintech functionality provides a further layer of tax-efficiency, ease of reporting and convenience to users who can receive all their payments for work through the platform.  Uniquely, Native Teams facilitates payouts through the payroll system in any of its supported countries, aiding payment of tax and social contributions.

By strategically approaching the market through the prism of the remote workforce’s distinct needs, Native Teams is focused on becoming the work payments and employment options platform optimised for employees and employers alike.

Native Teams