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FinTech Talks with NativeTeams Co-founder Jack Thorogood

Could you share your experience in the fintech industry and what inspired the creation of Native Teams?

Our fintech experience has been quite an adventure. Fintech has been a game-changer for Native Teams, especially in how we handle payments, legal compliance, and tax management. It’s allowed us to streamline these processes, saving time and keeping everything secure and compliant. Plus, it’s given us the resources to grow and improve our platform to better serve our users.

The idea for Native Teams emerged from our own experiences. We faced numerous challenges in managing remote work, and we knew there had to be a better way. So, in 2020, we launched Native Teams to solve these problems.

Our platform was designed with freelancers and remote workers in mind, using the same tools and features we wished we had. This personal insight drives our commitment to continually improve and adapt our services to meet our users’ needs.

What inspired you to explore the Armenian talent market and build a team here?

What really drew us to the Armenian talent market was the incredible people we encountered. We saw that Armenians are not only hardworking but also deeply passionate about innovation.

We were impressed by how this passionate community of tech professionals embraces challenges and brings fresh ideas to the table. Building a team in Armenia felt like a perfect fit for us because we wanted to work with individuals who are not only skilled but also share our drive to create something impactful.

And we made the right choice. Our Armenian team has proven to be exceptional and fully committed to shaping and improving our product every day. Their enthusiasm and expertise have become a key part of our success, and we’re proud to have such a talented group driving our vision forward.

What products and solutions does Native Teams provide to freelancers and individual entrepreneurs in Armenia?

Native Teams provides a comprehensive platform for freelancers and individual entrepreneurs in Armenia, offering streamlined payments, employment, tax management, and mobility solutions.

Our goal is to simplify the remote work experience, ensuring that talents are hired, paid, and managed effortlessly while staying compliant with legal requirements. We handle the administrative tasks so you can focus on what you love, making remote work easier and more accessible for everyone.

Native Teams FinTech Talks

Who are Native Teams’ main competitors in Armenia, and what distinguishes Native Teams from them?

At Native Teams, we stand out by offering an all-in-one platform that streamlines every aspect of remote work. From payments and employment to tax management and mobility, our solution covers it all in a single, integrated platform.

This comprehensive approach simplifies the complexities of remote work, allowing freelancers and entrepreneurs to focus on their core activities while we handle the rest. Our commitment to innovation and ease of use ensures that our platform not only meets today’s needs but is also prepared for the future of work.

Additionally, our deep local knowledge and concierge-level support further differentiate us. We provide tailored assistance that addresses the unique needs of our users, ensuring a smooth and efficient experience.

How would you describe the fintech sector in Armenia, and what opportunities and challenges does it face?

The fintech sector in Armenia is growing rapidly, with a lot of talented people and increasing interest in digital solutions. This creates great opportunities for new and innovative fintech products.

However, there are some challenges. Navigating regulations can be tricky, and there’s a need for more infrastructure to support advanced technology. Despite these issues, Armenia is an exciting place for fintech with plenty of growth potential.

What upcoming news and opportunities can we expect for Native Teams in Armenia and the Caucasus region?

For Native Teams, the focus remains on improving our platform to offer even better solutions for our users in Armenia and the Caucasus region. We’re continuously working on improvements and innovations that will make managing remote work easier and more efficient.

Our commitment is to stay ahead of industry trends and adapt our services to meet the needs of our users, ensuring they have the best tools and support for their work.

What advice would you give to fintech startup founders and freelancers?

For fintech startup founders and freelancers, my advice is to stay focused on solving real problems and continuously adapt to changes. Understand your target audience deeply and build solutions that genuinely address their needs. Be prepared for challenges and remain flexible in your approach. Networking and seeking mentorship can provide valuable insights and support.

For freelancers, managing your time and finances effectively is crucial. Always be open to learning and improving your skills.

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