Hokodo
Installment payment and buy now pay later (BNPL) software
Credit and collections software
Payment software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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What is Hokodo
Hokodo is a B2B buy now, pay later and trade credit platform that lets merchants offer invoice-based payment terms and installment options to business buyers at checkout. It combines credit decisioning, credit insurance-backed risk management, invoicing, and collections workflows to support net terms and deferred payments. The product is used by B2B eCommerce and marketplaces that want to extend payment terms while reducing exposure to non-payment. Hokodo typically integrates via APIs and checkout modules and supports ongoing credit monitoring and dunning processes.
B2B-focused BNPL and net terms
The product is designed around business purchasing patterns, including invoice payment terms and higher average order values than consumer BNPL. It supports offering net terms at checkout rather than requiring offline credit applications. This focus can reduce manual sales-ops work compared with generic payment tools that primarily target consumer transactions.
Integrated credit risk management
Hokodo combines credit assessment with risk mitigation mechanisms that are commonly used in trade credit programs. It supports credit limits, ongoing monitoring, and workflows that align with extending terms to business customers. This can help merchants scale terms offerings without building a full in-house credit and risk function.
Collections and dunning workflows
The platform includes tools for invoicing follow-up and collections processes tied to the credit program. It centralizes payment status, reminders, and escalation steps to support accounts receivable operations. This can improve operational consistency versus managing collections across separate payment and finance systems.
Geographic and eligibility constraints
Availability and underwriting criteria depend on the regions and buyer profiles Hokodo supports at a given time. Merchants with global buyer bases may need additional providers for unsupported countries or currencies. Credit approval rates and limits can vary by sector and buyer financial data availability.
Integration and process change effort
Implementing BNPL/net terms typically requires checkout, order management, invoicing, and finance workflow integration. Teams may need to adjust credit policies, customer communications, and dispute handling processes. Time-to-launch can be longer than adding a basic card or bank transfer payment method.
Not a full finance suite
While it supports credit, invoicing-related workflows, and collections, it does not replace core ERP, general ledger, or full accounts receivable platforms. Companies often still need separate systems for accounting, reconciliation, and broader treasury operations. Reporting may require data exports or integration into BI tools for consolidated finance views.
Plan & Pricing
Pricing model: Custom / Contact sales Public pricing: Not listed on official site Notes: According to Hokodo's official instalment payments page, "Pricing is determined by factors including the instalment plans you’d like to offer, the creditworthiness of your customers and your target acceptance rate. Book a call and we’d be happy to tell you more." There are no publicly-disclosed tiers, fixed monthly plans, or per-transaction rates on the vendor website; merchants are asked to contact Hokodo for tailored pricing.
Seller details
Hokodo Services Ltd
London, United Kingdom
2018
Private
https://www.hokodo.co/
https://x.com/hokodo
https://www.linkedin.com/company/hokodo/
