What is Hokodo?
Based in Shoreditch, United Kingdom, and established in 2018, Hokodo operates at the intersection of B2B commerce and financial technology. The company provides a sophisticated platform that integrates directly with wholesalers and online B2B marketplaces, allowing them to offer 'Buy Now, Pay Later' (BNPL) options to their business customers. By automating credit checks and managing the complexities of trade credit, Hokodo effectively removes the friction traditionally associated with B2B transactions. This service is essential for merchants looking to increase conversion rates and average order values while offloading the administrative burden of invoice management and debt collection to a specialized partner.
How much funding has Hokodo raised?
Hokodo has raised a total of $23.9M across 2 funding rounds:
Series A
$12.5M
Other Financing Round
$11.4M
Series A (2021): $12.5M with participation from Anthemis Group, Mosaic Ventures, and Notion Capital
Other Financing Round (2025): $11.4M led by Opera Tech Ventures, BNP Paribas, and Korelya Capital
Key Investors in Hokodo
Anthemis Group
Founded in 2010 and headquartered in London, UK, Anthemis cultivates change in financial services by investing in, growing, and sustaining businesses.
Mosaic Ventures
Mosaic Ventures is a boutique venture capital partnership that invests in AI-driven startups at the Seed and Series A stages, providing hands-on support to European entrepreneurs aiming for global scalability.
Notion Capital
Notion Capital is a leading early-stage venture capital firm based in London, specializing in investments in B2B SaaS and cloud services across Europe.
What's next for Hokodo?
With this latest capital infusion, Hokodo is well-positioned to accelerate its expansion into new European markets and further enhance its proprietary credit-scoring algorithms. The strategic involvement of major financial institutions suggests a move toward deeper integration with traditional banking infrastructure, potentially allowing the company to offer more complex financial products to its merchant base. As the B2B e-commerce sector continues to digitize, Hokodo's focus will likely remain on scaling its technological capabilities to support larger enterprise clients, ensuring that its payment solutions remain the gold standard for frictionless, secure, and scalable business-to-business trade.
See full Hokodo company page
