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Zuora team up with BNP Paribas Leasing Solutions to launch usage-based offerings across Europe

Jul. 13, 2022 5:13 AM ETZuora, Inc. (ZUO)By: Meghavi Singh, SA News Editor1 Comment
  • Zuora (NYSE:ZUO) said Wednesday that the firm and BNP Paribas Leasing Solutions join forces to offer new usage-based solutions for professional equipment. 
  • The international equipment finance leader moves toward a circular economy for Europe’s leading manufacturers with sustainable, usage-based equipment services.
  • Through the collaboration, BNP Paribas Leasing Solutions will enable its partners to offer new usage-based solutions to their own clients, eliminating the need for companies to maintain the equipment, with customized invoicing based on how and when machinery is used.
  • It's usage-based offerings will first launch in France and Germany, with a goal to expand across Europe.
  • Shares of ZUO are up 4.9% after-hours.

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Comments (1)

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whitehead1 profile picture
bought it in 2020 at 8.4 and now its back to 8, should have sold it when it was over 20. I cannot figure out this company, One of those stock that shows big promise but never materialize.
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