Hokodo

Hokodo

Financial Services

London, England 8,259 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 Yet current processes for offering trade credit are outdated and not fit for the digital age.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 Lloyd’s of London, 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 SCOR Syndicate 2015, SCOR SE’s corporate syndicate at Lloyd’s of London.

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

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  • 39-41, Rue de la Chaussée-d'Antin

    Paris, Ile-de-France 75009, FR

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Employees at Hokodo

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Funding

Hokodo 6 total rounds

Last Round

Debt financing

US$ 109.4M

Investors

Viola Credit
See more info on crunchbase