Hokodo Raises €10M to Boost Digital Trade Credit

Hokodo, the leading pan-European digital trade credit provider, has announced a €10 million equity funding round co-led by Korelya Capital and Opera Tech Ventures, the venture arm of BNP Paribas. Returning Series B investors Mundi Ventures and Notion Capital also participated.

The funding will fuel Hokodo’s continued innovation in B2B “Buy Now, Pay Later” solutions, support the rollout of its new in-store offering for offline and omnichannel merchants—beginning with French supplier RÉTIF—and expand operational capacity to serve its growing client base.

“In a B2B world still driven by traditional sales relationships, our mission is to make trade credit safer and more accessible across all channels—online and offline,” said Richard Thornton, Co-founder and President of Hokodo.

With rapid growth since its Series B round and EMI regulatory approval secured, Hokodo is now doubling down on onboarding large merchants at scale and digitising the credit management value chain with AI.

Investors see Hokodo as a category leader positioned to reshape B2B payments across Europe. “We’re thrilled to see Hokodo scale in a challenging environment,” said Franco Danesi of Korelya Capital.

Vincent Baillin of Opera Tech Ventures added, “This strategic investment reflects our strong belief in Hokodo’s potential to transform B2B finance.”