Inside Hokodo

Hokodo accepted into the Mayor’s International Business Programme

Fatima Ayoub
Head of Marketing

Hokodo has been accepted into the Mayor's International Business Programme, so we can develop and roll-out our groundbreaking insurance and financial products - protecting B2B trade across Europe. ‍

The Mayor’s International Business Programme is open to fast-growing London businesses in tech, life sciences, urban infrastructure, and creative industries.

The programme is part-funded by the European Regional Development Fund and supported by business leaders from tech companies and venture capital investment firms all over the world, including White Cloud Capital, Alibaba, Swiftkey, AXA UK Group, and more.

International networking and mentorship

The Mayor’s International Business Programme will give the Hokodo team exclusive access to mentoring, networking, advice, seminars, and workshops. This includes opportunities to build connections with larger corporations, gain insight from industry mentors, and access to international trade missions, some of which are attended by the Mayor of London. 

The biggest focus of The Mayor’s International Business Programme is to help innovative London businesses develop internationally. There are local offices in Paris, Munich, Berlin, and around the US, so they’re heavily invested in helping businesses like Hokodo enter these markets.

Revolutionising invoice protection globally

We’re very excited to join The Mayor’s International Business Programme and receive this vital ongoing business support.

Our mission is to protect B2B trade and reduce risk for SMEs. Remarkably, a third of payments to small businesses in the UK are late. In 2017, 58% of SMEs were owed up to £10,000 in late payments, and 27% were owed more than £20,000. This can create major cash flow problems for small businesses, which puts their development on hold, and can even lead to insolvency. 

To combat late and non payment of invoices, we give B2B businesses access to transparent and fair insurance and financial solutions when they need it the most - when they’re accepting a purchase order or raising an invoice. Businesses are covered in a few clicks, and will receive 90% of their invoice if a customer can’t pay. 

You can access Hokodo through many of the online tools you already use, including cloud accounting, B2B marketplaces, invoice financing platforms, and ‘neobanks’ like Countingup.

Everything’s secure, automated, and accessible through a simple API.

It’s our goal to help reduce risk for SMEs all over the world, as well as in the UK, and with the help of the Mayor of London’s International Business Programme, we’re well on our way.

Getting paid should be simple. Hokodo's B2B Buy Now, Pay Later solutions give you peace of mind, so you can focus on what matters most - your business’ success.