“Can a B2B wholesale marketplace embed enough financial services — trade credit, flexible payment terms, and marketplace payments infrastructure — to become the dominant operating layer for independent retail in Europe?”
Founded in 2019 as a curated B2B wholesale marketplace in France, Ankorstore rapidly expanded across 28 European countries, achieving unicorn status by 2022. To address the inherent complexity of B2B payments — extended terms, multi-currency invoicing, credit risk — the company built an embedded finance stack on top of Stripe Connect (payments, billing, identity, fraud) and layered in Hokodo for digital trade credit. The 2026 model simplification signals a shift from aggressive growth toward sustainable unit economics and improved brand/retailer transparency.
Ankorstore processes payments through Stripe Connect.
Ankorstore's lending and capital products are provided by hokodo.
Ankorstore integrates with QuickBooks, Shopify, Odoo and Sellsy.
The Embedded Finance Index 2026 maps 3 layers in Ankorstore's stack: Payments / PSP (Stripe Connect); Lending (hokodo, Digital Trade Credit (buy now, pay later for B2B retailers) and 60-day deferred payment terms (Ankorstore-branded, powered by Hokodo)); Accounting (QuickBooks, Shopify, Odoo and Sellsy).
Ankorstore was founded by Pierre Louis Lacoste, Nicolas Daudiffret, Mathieu Alengrin and Nicolas Cohen and is founded in 2019, headquartered in Paris, France.
Ankorstore has raised $422.58M in total (latest round: Series C, January 2022).
Get a read on where your own stack stands against Ankorstore and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.