Hokodo

Hokodo

Financial Services

London, England 8,510 followers

The leading B2B Buy Now, Pay Later solution in Europe, empowering businesses to buy, sell and do more.

About us

At Hokodo, we are modernising the way businesses buy from each other by making it easier and safer to sell to business customers! Our “Trade credit as a service” technology empowers B2B merchants to offer credit terms to their business customers instantly, even on their first purchase. In turn, customers benefit from additional payment terms through a frictionless checkout experience. Over 30% of B2B trade takes place on credit terms, with trade credit representing the largest source of business financing in advanced economies. Yet current processes for offering trade credit are outdated and not fit for the digital age. Hokodo’s digital platform solves these issues by offering merchants a powerful set of solutions to manage trade credit and scale with confidence. Merchants that integrate with Hokodo see on average a 40% increase in revenues. Gone are the days of paper-based trading account applications, manual credit decisions and cumbersome sales journeys. Our easy-to-integrate digital platform streamlines the entire order-to-cash process, allowing merchants to make credit decisions in real-time, be protected against bad debt and get access to working capital finance options. We also protect merchants by insuring against the credit risk with AIG, and arrange the financing with our partners so our sellers can get paid upfront if they choose. We’ve believed for a long time that the design and distribution of financial products has been broken, and we’ve been on a journey to fix it since. Our team cuts across geographical barriers and brings together financial services practitioners, engineers, data scientists and designers… all working together to create a better way of doing business! Want to join us on our journey? Drop us an email at jobs@hokodo.co Hokodo’s solutions are underwritten by AIG.

Website
https://hokodo.co/
Industry
Financial Services
Company size
51-200 employees
Headquarters
London, England
Type
Privately Held
Founded
2018
Specialties
Insurtech, Innovation, B2B Trade, Trade Finance, Cargo, Machine Learning, Risk Management, Design Thinking, Rest API, Agile, Big Data, Buy Now, Pay Later, and B2B e-commerce

Products

Locations

  • Primary

    77 Leadenhall Street

    WeWork

    London, England EC3A 3DE, GB

    Get directions
  • 39-41, Rue de la Chaussée-d'Antin

    Paris, Ile-de-France 75009, FR

    Get directions

Employees at Hokodo

Updates

  • View organization page for Hokodo, graphic

    8,510 followers

    Regardless of industry sector or sales channel, B2B buyers expect to transact on payment terms 📅 But over half of Finance Leaders say they have had to impinge on the credit limit or terms of key accounts due to financial control and risk factors ⚠️ Download Hokodo’s investigative report to learn how innovative finance teams are sidestepping risk to offer B2B buyers the payment experience they demand 👉 https://hubs.ly/Q02SVPBk0 #B2BEcommerce #B2BCommerce #B2BPayments #CFO #Finance #FinanceLeader

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  • View organization page for Hokodo, graphic

    8,510 followers

    They stole HOW much cheese!? 🤯 🧀 You may have seen the news that Neal's Yard Dairy has sadly been the victim of fraud, resulting in the loss of over £300,000 worth of artisan cheese. Posing as a wholesale distributor, a fraudulent buyer was able to have the cheese delivered before the false identity was discovered. Unfortunately, significant cases of fraud like this are far more common than you would expect in the world of B2B trade and wholesale. Fraudsters are using increasingly sophisticated techniques to exploit vulnerabilities in online, telephone and even face-to-face sales. Neal's Yard Dairy has ensured that the suppliers of the stolen cheeses have still been paid in full – and props to them for doing so – but not all businesses would be able to do the same. That's why it's more important than ever to implement robust fraud risk controls – or partner with solutions providers that can guarantee full protection. Check the comments for an article about Hokodo's pioneering approach to fraud risk management in B2B 👇 #Fraud #B2BFraud #WholesaleFraud #FraudRisk #B2BPayments #B2BCommerce

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  • View organization page for Hokodo, graphic

    8,510 followers

    With Halloween just around the corner, we're planning to spend the weekend on the sofa watching our favourite scary movies 🎃 So, in the spirit of spooky season, we asked the team to put a Hokodo spin on some of their favourite horror films – and they did a frighteningly good job 😱 Scroll through some of our favourites below and let us know your suggestions in the comments... if you dare 👻 #Halloween #HorrorMovies #ScaryMovies #B2BPayments #B2BEcommerce

  • View organization page for Hokodo, graphic

    8,510 followers

    “The pain point that is constant, no matter if it’s good times or bad, is cash flow management.” 💰 We just dropped the next instalment of ‘Inside the finance team’ and this time, Hokodo’s VP of Finance Aman Mehra, CFA sits down with John Dalrymple CFO at Taveo to learn more about his wide-ranging experience in sectors as varied as financial services, oil and gas, and B2B SaaS. Join Aman and John to learn why: ❌ Some merchants find it impossible to negotiate payment terms with large customers 💸 Cash flow is a constant challenge for B2B finance leaders, through good times and bad 🔮 What the future holds for finance, according to John’s crystal ball Read the interview 👉 https://hubs.ly/Q02TN3zT0 #B2BEcommerce #B2BCommerce #B2BPayments #CFO #Finance #FinanceLeader

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  • View organization page for Hokodo, graphic

    8,510 followers

    📞 Ring, ring! 💬 Hello. Who is this? It’s a brand new partnership between Hokodo and CYKERO, the wholesaler of refurbished mobile phones, laptops, tablets and more! 📱💻 We’ve teamed up to help B2B buyers get the instant, flexible payment terms that they expect when ordering tech hardware for their businesses, while Cykero stays protected against risk and keeps cash flowing smoothly. Welcome to the Hokodo family! #NewCustomer #B2BMerchant #B2BPayments #PaymentTerms #TradeCredit

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  • View organization page for Hokodo, graphic

    8,510 followers

    The digital transformation of B2B commerce is happening FAST 🏎️ So fast, in fact, that 66% of Finance Leaders do not believe their current teams and processes can keep pace 🏃♀️ Check out “Are Finance Leaders ready for the digital transformation of B2B commerce?” for unique insights and practical guidance designed to help prepare your team for the future 👉 https://hubs.ly/Q02SVKx50 #B2BEcommerce #B2BCommerce #B2BPayments #CFO #Finance #FinanceLeader

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  • View organization page for Hokodo, graphic

    8,510 followers

    We’re sponsoring BOLD B2B: ECOMM SUMMIT! 🎤 Join us for a brand-new e-commerce event dedicated to B2B Retailers, Wholesalers, Manufacturers, and Solution Providers! 🗓 Wednesday 6th November 2024, 09:00-17:00 📍 The Minster Building, 21 Mincing Lane London EC3R 7AG Bold B2B is a game-changer – it's 100% tailored to B2B e-commerce, with real strategies you can actually put into action. What to expect? ✅ All About B2B: No fluff, just straight talk for B2B sellers ✅ Real Strategies: Get tips you can use, not vague ideas ✅ Networking Done Right: Connect and reconnect with ease ✅ Focused & Intimate: No crowded expos, just quality learning ✅ Expert Speakers: Advice from B2B pros who get it Don't miss out, book your place and save 15% today with code PARTNER15 ⬇ https://hubs.ly/Q02TNp400 #BEMOREBOLD #BOLDB2B

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  • View organization page for Hokodo, graphic

    8,510 followers

    Quick. Easy. Smooth. No, we’re not talking about instant mashed potatoes – we’re talking about Hokodo. With our approval process completed in under a second, your B2B buyers get real-time credit decisions at the point of need, no matter which sales channel they have chosen. No waiting around. No twiddling their thumbs. Just a quick, easy and smooth checkout experience. That’s what we call instant 🥔 Book a call today to find out more 👉 #B2BPayments #PaymentTerms #TradeCredit #B2BEcommerce #CreditDecisions

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  • View organization page for Hokodo, graphic

    8,510 followers

    "Even though we are representing business, we're still humans, right? And human relationships are super important for developing a strong relationship between businesses." 🤝 In our first instalment of ‘Inside the finance team’, Hokodo’s VP of Finance, Aman Mehra, sits down for a candid discussion with SolarMente's Head of Finance, Jorge Nasta Segón. Check out the interview to learn: 💸 How access to payment terms from suppliers empowers SolarMente to “pay it forward” 🤝 Why human relationships are so important in B2B 🔮 What the future holds for finance, according to Jorge’s crystal ball Read the interview 👉 https://hubs.ly/Q02TN5-60 #B2BEcommerce #B2BCommerce #B2BPayments #CFO #Finance #FinanceLeader

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  • View organization page for Hokodo, graphic

    8,510 followers

    It’s a fresh catch, but there’s nothing fishy about this partnership! We’re really excited to team up with Rooser, a revolutionary marketplace that brings simplicity and efficiency to the seafood trade industry 🎣 With Hokodo, Rooser’s buyers can turn the tide on cash flow woes with access to flexible trade credit at the point of need… but here’s the hook: Rooser and its suppliers don’t have to foot the bill. Instead, they get paid upfront and in full 🪝 #NewCustomer #B2BMerchant #B2BPayments #PaymentTerms #TradeCredit #Seafood #Agriculture #Foodservice

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Funding

Hokodo 6 total rounds

Last Round

Debt financing

US$ 109.4M

Investors

Viola Credit
See more info on crunchbase