Hello
We're Hokodo.
B2B e-commerce has been held back by inadequate payment methods for too long. We’re on a journey to fix it with our payment solutions for B2B.
Why we exist
Hokodo was founded to make B2B trade simpler, safer and supported.
We work 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 the associated risk, sellers traditionally resort to paper-based trading account applications and manual credit decisions.
But these processes aren’t fit for online trade.
On the one hand, merchants miss out on the chance to advance, unable to offer payment terms except to big businesses. On the other, buyers don’t get the credit they deserve when purchasing online.
That's why we're changing the way B2B payments are designed and delivered by empowering merchants with the ability to offer credit terms to businesses of all sizes, in real-time.
We offer a seamless B2B Buy Now, Pay later solution that benefits both buyers and sellers, in a way that's simple, safe and supported.
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 checkout. We arrange the financing so our sellers can get paid up front if they choose.
Hokodo is driven by rich data and backed by Lloyd's of London to insure payments and ensure peace of mind.
We work 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 the associated risk, sellers traditionally resort to paper-based trading account applications and manual credit decisions.
But these processes aren’t fit for online trade.
Purpose
Mission
Vision
Meet the team
At Hokodo, we pride ourselves on our team of talented and passionate individuals with a diverse range of backgrounds and experience. During the hiring process we make sure that potential new employees are able to add value to our culture as much as our business.
60 seconds with...
Tim Beeson-Jones
Catherine Mckernan
Tom Thiery
How it all began
Louis and Richard had been working in embedded finance for several years together, helping major banks and insurance companies to sell financial services at the point of need, before Louis joined the world’s leading provider of trade credit insurance.
Louis
Carbonnier
Once settled in this new role, Louis quickly came to understand the two major shortcomings of trade credit insurance.
Firstly, due to its complexity, only large corporations with sophisticated finance departments are able to access invoice protection. Paradoxically, the SMEs who most need protection against bad debt are not able to benefit from it. Secondly, trade credit insurance cannot keep pace with the world of e-commerce.
That’s when the idea of a B2B Buy Now, Pay Later solution first occurred to Louis.
Sami Ben Hatit
As Louis got more excited about the opportunity, he was joined by his old friend Sami who began building some prototype BNPL APIs. Then he had a beer with Richard who had also been grappling with the red tape of corporate life.
At first Richard didn’t believe that a venture as significant and obvious as B2B BNPL hadn’t already begun elsewhere, but after many days of trawling Google the duo concluded that it had not yet been invented. With Sami on board, the idea to build Hokodo was born.
Richard
Thornton
Our values
Own the outcome
We all have the power to make our company better. We think like entrepreneurs, we envision the possibilities, we anticipate challenges and embrace what could be. We think big and strive for excellence, it’s the results that matter.
Trust and build trust
The faith we have in each other is critical to team success. We’re low ego and see everyone in the team as an equal. Trusting each other to make the best decisions and putting the interests of the collective and the company as a whole above individual ambitions.
Never be satisfied
There is no time to be complacent. We believe that things can always be improved, and our ambition and hunger drives us to constantly learn more and do more. We continuously look to bring out the best in ourselves and each other. Failure is not something to be feared as long as we fail fast and learn from our mistakes.
No passion, no point
We are passionate about our work because we care about making a difference. Our work is serious, but we don’t take ourselves too seriously. We have fun whilst getting the job done. What’s the point in working on something if you don’t enjoy it? If there’s no passion, there’s no point.
Be genuine (no BS)
We don’t do things for appearance’s sake. We recognise that being open and honest with our team and customers is vital to our success. We’re independent thinkers, guided by our principles and always believe in doing the right thing - there are no hidden agendas at Hokodo.
Partners
Hokodo’s solutions are underwritten by SCOR Syndicate 2015, SCOR SE’s corporate syndicate at Lloyd’s of London.
Our trusted partners help us to shape the financial solutions of tomorrow.
Awards & Recognition
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