Hokodo

Hokodo says it will use the funding to expand into new European markets and develop new products.

Embedded finance has already started to streamline financial processes in both consumer and business commerce.

Plenty of funding rounds to get your teeth into this week.

SMEs are on average chasing five outstanding invoices at any one time.

Only around 7.5% of the SMEs who enter are successful.

This is intended to create a new service allowing UK SMEs to protect their income on an invoice-by-invoice basis.

Providing insurance via APIs for SMEs.