Together, BNP Paribas and Hokodo will offer the most complete B2B payments solution available on the market. As a rapidly scaling fintech, Hokodo brings agility and an innovative technology platform to the partnership, which is complemented by BNP Paribas’ broad expertise, financial strength, and unrivalled reputation.

With the booming rise of B2B digital sales, B2B sellers are in need of a streamlined order-to-cash experience. They want to be paid on time without having to worry about credit or fraud risk, while offering their buyers a frictionless purchasing experience and advantageous credit terms through any channel. This is proven to positively impact sales, by encouraging repeat business and increasing the average basket.

This B2B Buy Now, Pay Later solution offers a fully digital experience and can be easily integrated into existing checkout systems via API. It provides instant buyer approval through a real-time credit decision process and a wide acceptance rate thanks to our highly configurable underwriting models, adaptable to the activity and client typology of the B2B seller. The full service includes proprietary credit decision-making, transaction financing, credit and fraud insurance, collections through an eMandate and dunning, as well as different financing options available to better fit merchants' needs.

Commenting on this solution, Lionel Joubaud, Global Head of BNP Paribas Factoring said, “After decades of successful development of our European factoring franchise, we are thrilled to announce a new generation solution for our customers wishing to increase their B2B digital sales. Together with Hokodo, BNP Paribas brings the best of its cash management and factoring expertise to offer this state-of-the-art Buy Now, Pay Later solution”.

“Historically, B2B e-commerce has been critically underserved, but with our combined strengths, BNP Paribas and Hokodo are going to offer BNPL options to more business buyers than ever” said, Louis Carbonnier, co-founder and co-CEO of Hokodo.