B2B BNPL Provider Hokodo Closes €10 Million Round
Hey Payments Fanatic!
Hokodo has secured a new €10 million equity round, co-led by Korelya Capital and Opera Tech Ventures, the venture arm of BNP Paribas. Existing Series B investors Mundi Ventures and Notion Capital also participated in the raise.
Founded in 2018, Hokodo offers real-time digital trade credit to B2B merchants and marketplaces. To date, Hokodo has raised more than €50 million in equity and €100 million in debt, with operations spanning major European markets such as France, Germany, Spain, Belgium, and the UK. Hokodo was also the first B2B BNPL fintech to secure regulation as an electronic money institution.
The funding is expected to fuel product development and boost operational capacity ahead of Hokodo’s Series C. With growing interest from offline and omnichannel merchants, the company plans to expand its reach and build out a new in-store solution for professional suppliers, starting in France.
“As we onboard an ever-growing list of larger and larger B2B merchants and marketplaces from all over Europe, we are really happy to have the support of partners and investors that have a full understanding of the problem Hokodo solves,” said Richard Thornton, Co-founder and President of Hokodo.
Read more global payment industry updates below 👇 and I'll be back with more tomorrow!
Cheers,
PAYMENTS NEWS
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GOLDEN NUGGET
𝐓𝐡𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐞𝐭𝐡𝐨𝐝 𝐆𝐮𝐢𝐝𝐞 (𝐀𝐏𝐌) — by Travel & Payments 👇
𝐂𝐚𝐫𝐝𝐬 𝐯𝐬. 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 (𝐀𝐏𝐌𝐬)
Globally, payment methods are evolving beyond plastic. Card networks still dominate many markets, but Alternative Payment Methods (#APMs) — like real-time payments, e-wallets, & carrier billing — are surging in popularity.
Each method offers different experiences based on geography, infrastructure, user behavior, and regulatory preferences.
𝐂𝐚𝐫𝐝𝐬 — The Traditional Backbone
1️⃣ 𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝𝐬
Pay Later in Full or Partial — Powered by networks like Visa, Mastercard, and American Express
Examples: Chase Sapphire, Citi Rewards, Capital One Venture
2️⃣ 𝐃𝐞𝐛𝐢𝐭 𝐂𝐚𝐫𝐝𝐬
Pay Now — Directly debited from linked accounts
Examples: SBI Card Debit, Barclays, Visa Debit
3️⃣ 𝐏𝐫𝐞𝐩𝐚𝐢𝐝 𝐂𝐚𝐫𝐝𝐬
Pay Before — Preloaded cards for spending control
Examples: GCash Mastercard, PayPal Prepaid
4️⃣ 𝐂𝐡𝐚𝐫𝐠𝐞 𝐂𝐚𝐫𝐝𝐬
Pay Later in Full (monthly balance due)
Examples: American Express Green, Diners Club International
𝐀𝐏𝐌𝐬 — The Rise of Localized Innovation
1️⃣ 𝐁𝐚𝐧𝐤 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬 (incl. RTP)
Examples: 𝐅𝐞𝐝𝐍𝐨𝐰 (US), 𝐒𝐄𝐏𝐀 (EU), 𝐔𝐏𝐈 (India), 𝐏𝐈𝐗 (Brazil)
2️⃣ 𝐄-𝐖𝐚𝐥𝐥𝐞𝐭𝐬
Store digital credentials for quick checkout
Examples: Apple Pay, Google Pay, PayPal, Paytm, Venmo
3️⃣ 𝐂𝐚𝐫𝐫𝐢𝐞𝐫 𝐁𝐢𝐥𝐥𝐢𝐧𝐠
Enables digital purchases via mobile operator
Examples: airtel, Boku
4️⃣ 𝐂𝐚𝐬𝐡 𝐕𝐨𝐮𝐜𝐡𝐞𝐫𝐬
Prepaid cash-based systems used in LATAM & Africa
Examples: 𝐁𝐨𝐥𝐞𝐭𝐨 (Brazil), OXXO (Mexico)
5️⃣ 𝐌-𝐖𝐚𝐥𝐥𝐞𝐭𝐬 / 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐧𝐞𝐲
Designed for mobile-first, cash-reliant economies
Examples: M-PESA Africa, GrabPay, Paytm
𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 — 𝐓𝐨𝐩 𝟑 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧
🔹 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚:
Credit & Debit Cards
Digital Wallets (Apple Pay, PayPal)
Buy Now Pay Later (Affirm, Klarna)
🔹 𝐄𝐮𝐫𝐨𝐩𝐞:
Bank Transfers (SEPA)
Credit & Debit Cards
E-wallets (PayPal, Klarna, 𝐢𝐃𝐄𝐀𝐋 in Netherlands)
🔹 LATAM:
Cash Vouchers (Boleto, OXXO)
Cards (especially local scheme cards)
E-wallets (Mercado Pago, PicPay ,Yape)
RTP (Pix)
🔹 APAC:
QR Code & Mobile Wallets (Alipay, WeChat Pay)
Bank Transfers (UPI, Promtpay)
Cards (especially in Japan, South Korea)
🔹 MENA:
Cash on Delivery (still prevalent)
Cards
Mobile wallets (STC Pay, M-PESA Africa, Fawry in Egypt)
𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧
The payment landscape is no longer “card-first” — it’s becoming experience-first.
The future lies in blended infrastructure: supporting traditional rails & local preferences like e-wallets, RTP, and tokenized credentials.
𝐍𝐞𝐱𝐭 𝐔𝐩 -- 𝐓𝐡𝐞 𝐂𝐚𝐫𝐝 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐅𝐥𝐨𝐰 𝐚𝐧𝐝 𝐅𝐞𝐞𝐬
Source: Travel & Payments
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