Case Study: Ankorstore achieves increased spend and improved stickiness with Hokodo Digital Trade Credit

Ankorstore drives increased spend and improved stickiness

Ankorstore, a European B2B marketplace for independent retailers, needed to offer deferred payments to stay competitive but faced challenges. They lacked the internal capability to assess credit risk, manage credit limits, and absorb the financial cost of non-payment. Seeking a solution, Ankorstore wanted a B2B buy now, pay later (BNPL) provider to outsource this complex process and turned to Hokodo for its Digital Trade Credit service.

By implementing Hokodo's solution, Ankorstore enabled flexible payment terms for up to 90 days. This integration resulted in retailers spending more and transacting more frequently, which increased customer stickiness and minimized platform bypass. The partnership with Hokodo also provided strategic advantages, supporting Ankorstore's international expansion by adapting to local payment methods and requirements seamlessly through a simple API.

Ankorstore

Christophe Bertrand

Head of Payment, Payment terms & Fraud