Hokodo works with B2B merchants to help them sell more by offering better payment terms to their business customers.
Unlike consumers, businesses generally expect to pay on credit terms. To manage this risk, sellers traditionally resort to paper-based trading account applications and manual credit decisions.
Hokodo removes all the risk and hassle associated with offering payment terms online, and streamlines the entire process, allowing sellers to make credit decisions in real-time when the customer reaches the check-out. We protect the seller by insuring the credit risk with Lloyd’s of London, and we arrange the financing so our sellers can get paid upfront if they choose.
Our digital platform combines instant credit assessments and fully automated limits management, all served up via APIs in less than 1 second.
We are a team of financial services practitioners, engineers, data scientists and designers… all working together to create a better way of doing business!
The products underwritten and distributed using Hokodo’s technology are backed by the Channel Syndicate, a unit of SCOR SE.