4 years ago

Hokodo Raises $12.5 Million Series A to Expand B2B Buy Now Pay Later Services in Europe

  • Hokodo, a London and Paris-based B2B Buy Now Pay Later provider, has secured $12.5 million in Series A funding led by Mosaic Ventures with participation from Anthemis, Notion Capital, and angel investors including Taavet Hinrikus, Thijn Lamers, Max Bittner, and Rich Laxer

  • The company plans to use the funds to develop its digital credit technology and expand its services across Europe, supporting the growth of the $12 trillion B2B commerce space

  • Founded in 2018, Hokodo offers real-time trade credit solutions to B2B merchants, allowing them to provide instant payment terms to their customers

  • Its solution integrates with e-commerce platforms and marketplaces, automating the order-to-cash cycle and protecting merchants from non-payments

  • Hokodo's solutions are backed by Lloyd's of London via the Channel Syndicate, a unit of SCOR SE.

      • ProblemFinancial Services

      "making it easy for businesses to offer payment terms to their customers"

      Solution

      "Hokodo provides B2B merchants with real-time trade credit solutions, allowing them to offer instant payment terms to their customers through a B2C-like 'Buy Now Pay Later' checkout experience"

      Covered on