News

From Hokodo to Liquidity Lab: what eight years in B2B trade credit taught us

In late 2025, we wound up Hokodo. After eight years, ten countries, more than €500 million in financed invoices and 100,000 business buyers served, and over €50 million equity raised, we made the decision to close. This post is our honest account of why we built Hokodo, what we're proud of, what we got wrong, and what the experience taught us about where the real opportunity in B2B trade credit actually lies. That insight is what led us to found Liquidity Lab, and we think it's worth sharing.

Hokodo secures €100m debt facility to facilitate €1.5bn of B2B transactions over the next 2 years

The cat is out of the bag! Read all about how how our new debt facility is going to help bring digital payment terms to more buyers and sellers than ever.

Hokodo partners with Fuse to improve credit decisioning and unlock finance options for small businesses

Find out why we've chosen to partner with Fuse in order to enrich our credit decisioning with Open Banking.

Hokodo and Oro partnership brings simplicity to B2B e-commerce payments

Hokodo has announced a new partnership with Oro, the globally-adopted leading platform for B2B digital commerce.

Hokodo becomes first B2B BNPL provider with full European payments licence

Hokodo announces acquisition of Lithuanian payments business, making it the only B2B BNPL provider available to reach buyers and sellers across the EU.

Hokodo Co-Founder talks all things embedded finance with FinancialIT

Hokodo Co-Founder Louis Carbonnier was recently featured in FinancialIT magazine with an article about embedded finance in B2B.

Hokodo partners with Mangopay to provide best in class payment offering for B2B platforms

Hokodo has announced a new partnership with platform-specific payment infrastructure provider Mangopay, bringing a best in class payment experience to B2B.

Hokodo tops up Series B funding with strategic investment from Citi

The Hokodo team is beyond delighted to announce a Series B extension from global banking group Citi. Find out more about this strategic investment.

Hokodo & BNP Paribas join forces to launch a Buy Now, Pay Later solution for large B2B commerce businesses

Hokodo joins forces with French international banking group BNP Paribas to deliver a best-in-class B2B BNPL solution for large multinational corporates.

Hokodo and Lemonway join forces to drive the growth of B2B Marketplaces in Europe

Hokodo and leading pan-European payment institution for marketplaces, Lemonway, announce partnership enabling B2B marketplaces to offer trade credit online.

Hokodo launches Shopify plug-in enabling B2B merchants to offer trade credit to customers

Hokodo launches the first B2B Buy Now, Pay Later plug-in for Shopify, enabling merchants to offer trade credit online.

56% of SMEs continue to experience post-COVID struggles

More than half of SME businesses in the UK are still struggling post-COVID, as energy prices and inflation continue to rise, new survey by Hokodo finds.