Hogan Lovells Digital Finance Dialogue

IoT (Internet of Things) and pay-per-use structures in the financing business

On Thursday, 12 September 2024, at 6 pm CEST we will be holding this event in our Frankfurt office and also online for those who cannot join in person. We are delighted that Philipp Lenz, Co-Founder and CEO of cap-on GmbH, will attend as guest speaker. We will announce additional guest speakers in due course.

The Internet of Things (IoT) is a network of physical objects and appliances that use various technologies (sensors, software etc.) to connect with each other over the internet. The IoT today finds increasing use in credit or financial services. The technology can in particular be used to establish pay-per-use structures. Whereas, for example, in the context of leasing traditionally fixed rates are agreed, under a pay-per-use leasing structure, customers are billed in accordance with their effective utilization of the asset. The leasing rates can be based on a variety of metrics, such as the number of units consumed or the duration of usage. The rate is therefore always adapted to the actual economic needs of the customer.

As with the other sessions of our HL Digital Finance Dialogue series, the session will take place in our panoramic Frankfurt office (and alternatively online).

Please note that the session will be held in German.

We hope you can join us.


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