B2B Buy Now Pay Later for e-commerce
Hokodo's mission is to revolutionise B2B commerce by making B2B trade easier and safer.
115% employee growth in 12 months
CTO of Otta
In 2020, only 28 per cent of B2B buyers frequently used e-commerce but now it’s the dominant purchasing channel for over 50 per cent of B2B buyers. This has significantly accelerated the need for remote purchasing in a safe digital environment, which is the aim of Hokodo’s B2B Buy Now, Pay Later (BNPL) solution.
Hokodo is comparable to Klarna and Clearpay, but designed specifically for B2B trade. Its ‘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.
The company is working to expand the business and reach more customers, to reach a goal of enabling 1 million businesses to access a better way to pay by 2025. Its latest injection of funds is set to support Hokodo's geographic growth.
Last 2 fundraises
This company has top investors
🌍 Company-wide benefits
🇬🇧 UK benefits
Richard Thornton(Co-CEO & Director of Operations)
Studied Maths at Oxford University. Was an Economist and then Analyst at the Bank of England for over 6 years. Worked at Oliver Wyman for over 14 years as a Consultant before becoming a Partner. Various roles including Group Head Strategy at Aspen Insurance Holdings. Advisory Board Member at CyberCube.
Sami Ben Hatit(CTO)
R&D Engineer for Horiba Jobin-Yvon. Software Engineer for over 7 years at Hyperpanel Lab SA. CTO of Euler Hermes Digital Agency.
Louis Carbonnier(Co-CEO & Commercial Director)
Principal at Oliver Wyman for over 8 years. Worked at Euler Hermes for 4 years, first as Head of Group CEO Office, then as Head of Digital Agency.