Hokodo is a financial technology company that specializes in providing Buy Now, Pay Later (BNPL) solutions for business-to-business (B2B) transactions. The company aims to modernize trade credit by offering a seamless and efficient way for businesses to purchase goods and services online. Hokodo serves a wide range of B2B clients, including wholesalers, manufacturers, and other businesses that sell products or services to other companies.

Operating primarily in the European market, Hokodo leverages advanced technology to offer instant credit checks and fraud risk assessments. This ensures that buyers can access credit quickly and sellers can be confident in receiving payments. The company’s business model revolves around facilitating transactions by providing trade credit at the point of checkout. This not only boosts sales for sellers but also enhances the purchasing experience for buyers by allowing them to defer payments.

Hokodo makes money by charging fees for its services, which include credit risk assessment, payment protection, and collections. By guaranteeing payments and handling the complexities of credit management, Hokodo mitigates the risk of non-payment for sellers, thereby improving their cash flow and reducing administrative burdens.

The company has received funding from the European Horizon 2020 research and innovation program and is recognized as one of the most innovative InsurTech companies globally. Hokodo’s solutions are designed to provide a frictionless digital experience, ensuring that B2B buyers enjoy the same ease of online shopping that consumers have come to expect.

Keywords: B2B, BNPL, trade credit, fintech, online checkout, credit risk, payment protection, InsurTech, European market, digital experience.