Hokodo

Provides B2B Buy Now, Pay Later solutions

London, England, United Kingdom

About Hokodo

Hokodo provides Buy Now, Pay Later (BNPL) solutions specifically for business-to-business (B2B) transactions. Their service allows businesses to purchase goods and services online while deferring payments, modernizing the traditional trade credit system. Hokodo uses advanced technology to perform instant credit checks and fraud risk assessments, enabling quick access to credit for buyers and ensuring sellers receive payments. This approach not only increases sales for sellers but also enhances the purchasing experience for buyers. Unlike many competitors, Hokodo guarantees payments and manages credit risks, which helps sellers improve cash flow and reduce administrative tasks. The company's goal is to create a seamless digital experience for B2B transactions, making it as easy for businesses to shop online as it is for consumers.

London, United KingdomHeadquarters
2018Year Founded
$58MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Remote Work Options

Risks

Increased competition from companies like Balance threatens Hokodo's market share.
Regulatory scrutiny on BNPL models could impact Hokodo's profitability.
Operational bottlenecks in managing B2B transactions may affect service efficiency.

Differentiation

Hokodo offers real-time credit decisions, enhancing B2B transaction efficiency.
The platform provides modular payment options like 'Pay in Instalments' and 'Pay Now'.
Hokodo's integration of AI for credit risk assessment sets it apart in the fintech space.

Upsides

B2B BNPL market is projected to reach USD 3.7 trillion by 2030.
83% of B2B buyers demand flexible payment terms, aligning with Hokodo's offerings.
€100 million debt facility from Viola Credit supports Hokodo's growth and expansion.