About

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.

Simplify's Take

What believers are saying

• The B2B BNPL market is projected to reach USD 3.7 trillion by 2030.
• Demand for flexible payment terms is rising, with 83% of buyers requiring them.
• Hokodo secured a €100 million debt facility, fueling its growth and expansion.

What critics are saying

• Complex B2B transactions pose risks of bottlenecks and inefficiencies in payment processing.
• The anonymity of e-commerce increases the risk of non-payment for merchants.
• Emerging competitors like Balance pose a threat to Hokodo's market share.

What makes Hokodo unique

• Hokodo offers real-time credit decisions and fraud risk assessments for B2B transactions.
• The company provides a modular catalogue of payment options like 'Pay in Instalments'.
• Hokodo's partnerships enhance its credit decisioning capabilities, giving it a competitive edge.

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