Hokodo
Announced 21 Apr 2026$177.0M · Financial Services · United Kingdom
Hokodo is Europe’s leading digital trade credit platform, empowering B2B merchants and marketplaces to offer instant, flexible payment terms.
“While Revolut scaled to $45B by going deep in one product before expanding, Hokodo raised $177M, went wide across 10 countries, and just shut down. The founders' own words: "We scaled before earning it." That should terrify every fintech founder reading this. Hokodo built a B2B Buy Now Pay Later platform. Financed €500M+ in invoices.”
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