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Fintech Hokodo Raises $12.5 Million In Series A Funding, Enabling B2B Merchants To Offer Instant Payment Terms And Scale With Confidence

Jun 10, 2021over 4 years ago

Amount Raised

$12.5 Million

Round Type

series a

London

Description

Hokodo, the fast-growth European fintech enabling B2B merchants to offer their customers payment terms in real time, today announced its $12.5 million Series A.

Company Information

Company

Hokodo

Location

London, Ontario, Canada

About

Hokodo is a fintech startup offering a range of “Trade Credit as a Service” solutions to bring B2B commerce into the 21st century. Hokodo’s technology empowers B2B merchants to offer credit terms to their business customers instantly, even on their first purchase. In turn, customers benefit from additional payment terms through a frictionless purchasing experience. Hokodo’s solutions are backed by Lloyd’s of London via the Channel Syndicate, a unit of SCOR SE. .

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech