Awarded to Hokodo's Paris office, the funds will help us roll-out our ground-breaking technology-led financial services to help protect B2B trade across Europe – including invoice protection insurance and our best-in-class credit algorithm, Hokoscore.
After successfully developing our first credit risk model which outperformed traditional credit bureaus, our main goal has been to accelerate model development. To achieve this, our data science team reviewed all the steps required to generate new credit models to identify where there was room for improvement or automation.
Accounting, banking and technology set to converge, as providers aim to combat ‘app fatigue’ and give SMEs unprecedented visibility of their finances
On the 27th June, Hokodo assembled a group of fintech experts and thought leaders for the launch of our Blurring Lines report. Delving into the convergence of banking, accounting and technology, the report shines a light on the race to build an ‘SME Cockpit,’ exploring who, out of accounting platforms, neobanks and third party apps, will emerge as the go-to finance hub, and crucially, what these developments mean for real-life accountants.
Small businesses are the driving force behind the UK economy. Yet, when comparing their situation with large corporates, it still feels like an unfair battle. Small businesses don’t enjoy the same benefits or have access to the same tools as large corporates. This is particularly true when it comes to accessing financial services or being paid on time.
As the dust settles on Accountex 2019 which took place earlier this month, we wanted to share a few of our biggest highlights and pass along some of the key lessons from our second year attending the event.
First partnership between insurance firm and banking and accountancy company to deliver invoice-by-invoice income protection to UK SMEs
For decades, small businesses have been at a disadvantage compared with larger corporates, because they simply haven’t had the tools, expertise and resources to manage their financial performance effectively.
Data is the new gold, and forward-thinking businesses are in a race to become more data-centric. Even insurance companies are getting on board.