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

• 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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