In 2020, only 28% of B2B buyers frequently used eCommerce, but it now dominates for over 50%. This shift has accelerated the need for secure remote purchasing, which Hokodo's B2B Buy Now, Pay Later (BNPL) solution addresses.
Hokodo, tailored for B2B trade and comparable to Klarna, offers 'trade credit as a service', allowing merchants to provide instant credit terms. The company has expanded its offerings to include 'Pay in Instalments: and "Pay Now' options, enhancing checkout experiences and addressing cash flow challenges, giving businesses a competitive edge.
Hokodo aims to help 1M businesses access better payment options by 2025. Recent funding will support the expansion of its Pay Later and Pay Now offerings, drive geographic growth, and strengthen partnerships with major institutions.
Steph
Company Specialist at Welcome to the Jungle