ResolvePay vs Hokodo vs Apruve: B2B Trade Credit Platforms Compared in 2026

Resolve is the strongest choice for US-based mid-market suppliers who need transparent pricing, instant credit decisions, and non-recourse net terms financing. Hokodo leads the European market with omnichannel trade credit and competitive fees. Apruve (now part of TreviPay) targets enterprise-scale global B2B payment networks with a full-service credit lifecycle. When evaluating ResolvePay vs Hokodo vs Apruve, the decision comes down to geography, company size, and how much of the credit lifecycle you want to outsource. This comparison breaks down features, pricing, integrations, and ideal use cases so you can pick the right B2B trade credit platform for your business.

Key Takeaways

• Transparent Pricing: Resolve offers competitive non-recourse pricing with no hidden costs, making it the most predictable pricing in this comparison
• US Mid-Market Fit: Resolve is purpose-built for US B2B suppliers with fast onboarding that takes days rather than months
• European Coverage: Hokodo operates with a European payments licence structure and omnichannel support for online, telesales, email, and in-store transactions
• Lowest Potential Fees: Hokodo uses custom pricing based on factors like volume, solution design, and risk profile
• Enterprise/Global Scale: Apruve (TreviPay) connects to a global lender network across 40+ countries with multi-currency support for Fortune 500 clients
• Ecommerce Integrations: Resolve provides native BigCommerce, Shopify, Magento 2, and WooCommerce connectors with proven platform partnerships
• Speed to Value: Resolve delivers instant credit decisions in seconds and pays sellers in 1-2 business days
• Marketplace-Specific Product: Hokodo offers a dedicated B2B marketplace trade credit product purpose-built for platform businesses
• Credit Lifecycle Automation: Apruve (TreviPay) provides end-to-end management from approval through collections and cash application
• Non-Recourse Financing: Resolve's full non-recourse model means zero credit risk for sellers on approved transactions
• Offline/Omnichannel: Hokodo supports telesales, email, and in-store alongside online transactions, providing flexibility for diverse sales channels
• Multi-Currency Support: Apruve (TreviPay) is built for cross-border enterprise transactions across 40+ countries and multiple currencies

Quick Overview

Resolve

Resolve is a B2B net terms financing and AR automation platform that enables suppliers to offer 30, 60, or 90-day payment terms to buyers while getting paid upfront. Founded in 2019 and backed by Affirm and PayPal alumni, Resolve focuses on US mid-market suppliers who want to extend trade credit without straining cash flow or absorbing credit risk.

The platform has served over 15,000 businesses and won BigCommerce's 2025 Innovative Integration Award. Resolve's non-recourse model means they assume the credit risk, not the seller — a fundamental difference from traditional factoring. Beyond financing, Resolve delivers complete AR workflow automation including automated dunning sequences, payment reminders, cash application, remittance matching, and real-time aging reports.

Resolve's ERP integration ecosystem is the broadest in this comparison, with native connectors for NetSuite, QuickBooks, Xero, Sage Intacct, and Odoo, plus ecommerce integrations with BigCommerce, Shopify, Magento 2, and WooCommerce, the combination of financing and AR automation in a single product is a key differentiator for mid-market suppliers who want to streamline operations.

Hokodo

Hokodo is a pan-European digital trade credit platform founded in 2018 in London. With a European payments licence structure and backing from investors and partners including Citi, BNP Paribas, and Korelya Capital, Hokodo provides B2B buy-now-pay-later and trade credit solutions tailored to European merchants and marketplaces.

Their omnichannel approach — supporting online, telesales, email, and in-store transactions — sets them apart. In 2024, Hokodo announced a €100 million debt facility from Viola Credit to help facilitate more than €1.5 billion in B2B transactions across Europe. Hokodo's dedicated B2B marketplace product serves platform businesses with trade credit capabilities designed specifically for multi-seller environments. The platform's interest-free buyer experience reduces checkout friction, and credit plus fraud risk coverage provides comprehensive protection for merchants. European B2B payment platforms are seeing rapid adoption as merchants seek to digitize their trade credit processes.

Apruve (Now Part of TreviPay)

Apruve was founded in 2014 as an automated B2B credit management platform and was acquired by TreviPay in December 2022. Today, Apruve's technology is integrated into TreviPay's enterprise payment infrastructure, serving large-scale B2B organizations globally.

The platform combines financing partnerships with guaranteed settlement based on program terms, helping enterprise sellers improve cash flow predictability. Apruve/TreviPay is designed for enterprises with complex, multi-market credit needs — manufacturers, wholesalers, and distributors processing millions in B2B transactions. TreviPay's 40+ year track record serving Fortune 500 brands provides the enterprise credibility and infrastructure that large organizations require. The platform's off-balance-sheet credit structure means risk is fully absorbed by TreviPay, freeing up seller balance sheets for other investments, enterprise B2B payment platforms are increasingly evaluated on their ability to manage the complete credit lifecycle across multiple markets.

Feature-by-Feature Comparison

Platform Strengths

Resolve

• Competitive non-recourse pricing with no hidden costs
• Instant AI-powered credit decisions — approves buyers in seconds
• Non-recourse model eliminates credit risk entirely for sellers
• cash advances within 24 hours on approved invoices with up to 100% advance rate
• Deep ecommerce integrations (BigCommerce, Shopify, Magento 2, WooCommerce)
• Comprehensive ERP support (NetSuite, QuickBooks, Xero, Sage Intacct)
• Fast onboarding — days, not months
• Reduces DSO from 60+ days to 1 day
• 15,000+ businesses served — proven at scale
• BigCommerce 2025 Innovative Integration Award winner
• White-label buyer portal maintains your brand throughout the payment experience
• Complete AR automation: dunning, reminders, cash application, aging reports

Hokodo

• Pan-European coverage with a regulated European payments setup — strong support for cross-border B2B trade credit
• Competitive fee range (0.25-1.5%) among the three platforms
• True omnichannel support including offline (telesales, email, in-store)
• Dedicated B2B marketplace product for platform businesses
• Substantial institutional backing from investors and partners including Citi, BNP Paribas, and Korelya Capital
• Interest-free for buyers — reduces checkout friction and increases conversion
• Credit and fraud risk coverage provides comprehensive merchant protection
• API-first architecture for flexible integration with European ecommerce platforms
• $83M debt facility from Viola Credit funds over $1.5B in B2B transactions
• Strong Trustpilot presence with 84+ reviews from European merchants

Apruve (TreviPay)

• True global coverage across 40+ countries with multi-currency support
• Enterprise-grade credit lifecycle automation from approval to cash application
• Global lender network provides financing flexibility across markets
• Guaranteed settlement based on program terms
• Backed by TreviPay's 40+ year track record serving Fortune 500 brands
• Off-balance-sheet credit — risk fully absorbed by TreviPay
• Ideal for complex, multi-market B2B payment programs
• Custom buyer portals tailored to enterprise requirements
• Extensive marketplace support for large-scale platform operations
• Per Gartner Peer Insights, TreviPay is recognized for enterprise B2B payment capabilities

Who Should Choose Resolve

Resolve is the right pick if you are:

• A US-based B2B supplier extending net 30, 60, or 90-day terms to buyers and need to get paid upfront without absorbing credit risk
• A mid-market wholesaler or distributor processing $50K to $10M+ in monthly B2B invoices who values transparent pricing and fast implementation
• An ecommerce-driven B2B business on BigCommerce, Shopify, or Magento 2 that needs a plug-and-play net terms solution with proven platform integrations
• A finance team looking to shrink DSO from 60+ days to 1 day without the complexity of enterprise payment platforms — see how AR automation reduces manual work. AR automation can reduce invoice processing costs by up to 80%.
• A growing company that needs fast onboarding (days, not months) and AI-powered instant credit decisions for new buyers
• A company that wants complete AR automation including dunning sequences, payment reminders, cash application, and real-time aging reports in a single platform

Resolve is especially strong for suppliers who have been burned by traditional factoring — the non-recourse model, competitive transparent pricing, and same-day cash advances offer a fundamentally different experience. If you are exploring the broader B2B payment landscape, see our guide to the best B2B payment solutions for more options.

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Who Should Choose Hokodo

Hokodo is the right pick if you are:

• A European B2B merchant or marketplace that needs trade credit with full regulatory compliance across EU jurisdictions through Hokodo's EMI license
• An omnichannel B2B seller processing orders online, via telesales, email, and in-store — Hokodo's offline capabilities (launched 2024-2025) provide flexibility that online-only platforms cannot match
• A B2B marketplace operator that needs a dedicated trade credit product built specifically for platform businesses with multi-seller capabilities
• A high-volume European merchant that wants custom-priced digital trade credit tailored to its sales channels and buyer mix, with final pricing tailored to your volume and risk profile
• A business that values institutional backing — Hokodo is backed by major financial and venture partners, which supports continued product investment and market expansion

Hokodo is the strongest option for European B2B commerce. Their full EMI license, omnichannel support, and marketplace-specific product address needs that are specific to the EU market. According to Digital Commerce 360, European B2B ecommerce is growing rapidly, making platforms with deep EU regulatory compliance increasingly important.

Who Should Choose Apruve (TreviPay)

Apruve/TreviPay is the right pick if you are:

• A large enterprise processing millions in B2B transactions across multiple countries and currencies that needs a single, unified payment platform
• A manufacturer or distributor that needs end-to-end credit lifecycle management — from buyer credit approval through invoicing, collections, and cash application
• A global business operating in 40+ countries that needs multi-currency support with consistent processes across all markets
• An organization that wants to move AR completely off balance sheet and outsource the entire credit risk and collections function to an established provider
• A Fortune 500 or large mid-market company with the IT resources and timeline to support a comprehensive enterprise implementation

Apruve/TreviPay makes the most sense when your B2B payment complexity requires a dedicated enterprise partner. If you are running a global payment program with custom terms across multiple markets, TreviPay's infrastructure and 40+ year track record provide the scale and credibility that large organizations require, enterprise B2B payment platform selection increasingly prioritizes global coverage and full lifecycle management.

Final Verdict: ResolvePay vs Hokodo vs Apruve

For US-based mid-market B2B suppliers, Resolve delivers the best combination of speed, transparency, and risk protection. The competitive non-recourse pricing, instant AI credit decisions, non-recourse financing, and deep ecommerce integrations mean you can offer net terms, get paid upfront, and automate AR — without enterprise complexity or opaque pricing.

Hokodo wins for European merchants and marketplace operators who need omnichannel trade credit with EU regulatory compliance and competitive fees. Apruve/TreviPay wins for large enterprises running global B2B payment programs across 40+ countries with multi-currency requirements.

The right choice depends on three factors:

1. Geography: US → Resolve. Europe → Hokodo. Global → Apruve/TreviPay.
2. Company size: Mid-market → Resolve. Mid-market EU → Hokodo. Enterprise → Apruve/TreviPay.
3. Pricing transparency: If you want to know exactly what you will pay before signing, Resolve is the only platform with fully published rates.

Most US-based B2B suppliers reading this comparison will find Resolve the fastest path from "evaluating net terms platforms" to "getting paid upfront."

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Frequently Asked Questions 

What is the main difference between ResolvePay, Hokodo, and Apruve?

Resolve focuses on US mid-market B2B net terms financing with competitive non-recourse pricing and instant AI credit decisions. Hokodo provides pan-European digital trade credit with omnichannel support and competitive fees (0.25-1.5%). Apruve, now part of TreviPay, targets enterprise-scale global B2B payment programs with a full credit lifecycle platform. Each platform excels in its target market and use case. For independent reviews across the category

Is Apruve still a standalone product?

Apruve was acquired by TreviPay in December 2022. Apruve's B2B credit automation technology has been integrated into TreviPay's enterprise payment platform. New customers work with TreviPay directly, though the Apruve brand still appears on some marketplace integrations. The combined platform benefits from TreviPay's 40+ year track record and global infrastructure; consolidation in the B2B payment space is driving larger, more comprehensive platform offerings.

How does non-recourse financing work with these platforms?

All three platforms offer some form of non-recourse financing, meaning the platform — not the seller — absorbs the credit risk if a buyer does not pay. With Resolve, the seller gets paid upfront (up to 100% advance rate) and Resolve handles collections. If the buyer defaults, the seller keeps the advance. Hokodo and Apruve/TreviPay offer similar protections, though specific terms vary by contract. According to Investopedia, non-recourse financing is one of the most important features for B2B sellers to evaluate when choosing a trade credit platform.

Can I use Hokodo if my business is based in the United States?

Hokodo currently operates exclusively in Europe with a pan-EU EMI license. If you are a US-based business, Resolve is the strongest option for domestic B2B trade credit automation, while Apruve/TreviPay serves global enterprise requirements. B2B payment platforms tend to specialize regionally, with the strongest feature sets in their home markets.

How long does implementation take for each platform?

Resolve offers the fastest onboarding — typically days to a few weeks, depending on your ecommerce platform and ERP setup. Hokodo requires API integration and typically takes a few weeks. Apruve/TreviPay, as an enterprise solution, typically requires months of implementation including custom integrations, testing, and rollout, implementation speed is one of the most cited factors in B2B payment platform satisfaction.

Which platform has the best ecommerce integrations?

Resolve has the broadest native ecommerce integration set, including BigCommerce (2025 Innovative Integration Award winner), Shopify/Shopify Plus, Magento 2, and WooCommerce. Hokodo offers API-first integration for European platforms. Apruve/TreviPay supports Magento, BigCommerce, and enterprise custom integrations, ecommerce integration depth is a top consideration for B2B merchants evaluating payment platforms.

What happens to my existing Apruve contract?

Existing Apruve customers have been transitioned to TreviPay's platform. Your terms and service should continue under TreviPay's management, but it is worth confirming your specific contract details with TreviPay's customer success team, as the integration process may have affected feature availability or pricing. TreviPay's enterprise support team can provide specific details about your contract terms and any changes resulting from the acquisition.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.