The body shop specialist thyssenkrupp Automotive Body Solutions is acquiring a stake in cap-on GmbH, a start-up company from Bavaria specializing in digital pay-per use services. Together, the two companies aim to establish new financing and digital usage concepts in the capital-intensive plant and industrial goods business in the future. Thyssenkrupp Automotive Body Solutions has acquired a minority stake in cap-on for this purpose and is advising the startup company on the design of its service offering for industrial customers.The business idea behind "pay-per-use" or "equipment-as-a-service" is based on the fact that industrial companies no longer have to finance and purchase their production equipment themselves, but instead purchase specific production and labor services from a service provider. The scope of service also includes other services such as installation, maintenance and spare parts supply. The service provider guarantees the availability of the equipment. The industrial customer thereby benefits from less risk in long-term investment decisions, lower commitment of funds, shifting from capital expenditures to operating costs, and greater flexibility in production control. The prerequisite for such a business model is the digital networking of production processes and machine data with intelligent financing and billing processes as an IOT platform solution.cap-on GmbH, a fintech company founded in 2021, develops digital pay-per-use and asset-as-a-service solutions for industrial customers. In cap-on's full-service offering, assets based on IoT data can be used flexibly and paid for per-use. Thanks to the off-balance-sheet financing structure and data-based risk management, users benefit from liquidity-preserving investment opportunities even in volatile market conditions. The cap-on platform handles the entire financing process digitally, from contract and credit management to asset management. cap-on relies on intelligent data analyses for the real-time evaluation of users, assets, market situations and forecasts of future credit risks.Thyssenkrupp Automotive Body Solutions is an integrated body shop specialist. The product and service portfolio ranges from prototype, tool and plant construction to series production of body components. The company has five development and production sites in Germany and a further six abroad.
The body shop specialist thyssenkrupp Automotive Body Solutions is acquiring a stake in cap-on GmbH, a start-up company from Bavaria specializing in digital pay-per use services. Together, the two companies aim to establish new financing and digital usage concepts in the capital-intensive plant and industrial goods business in the future. Thyssenkrupp Automotive Body Solutions has acquired a minority stake in cap-on for this purpose and is advising the startup company on the design of its service offering for industrial customers.The business idea behind "pay-per-use" or "equipment-as-a-service" is based on the fact that industrial companies no longer have to finance and purchase their production equipment themselves, but instead purchase specific production and labor services from a service provider. The scope of service also includes other services such as installation, maintenance and spare parts supply. The service provider guarantees the availability of the equipment. The industrial customer thereby benefits from less risk in long-term investment decisions, lower commitment of funds, shifting from capital expenditures to operating costs, and greater flexibility in production control. The prerequisite for such a business model is the digital networking of production processes and machine data with intelligent financing and billing processes as an IOT platform solution.cap-on GmbH, a fintech company founded in 2021, develops digital pay-per-use and asset-as-a-service solutions for industrial customers. In cap-on's full-service offering, assets based on IoT data can be used flexibly and paid for per-use. Thanks to the off-balance-sheet financing structure and data-based risk management, users benefit from liquidity-preserving investment opportunities even in volatile market conditions. The cap-on platform handles the entire financing process digitally, from contract and credit management to asset management. cap-on relies on intelligent data analyses for the real-time evaluation of users, assets, market situations and forecasts of future credit risks.Thyssenkrupp Automotive Body Solutions is an integrated body shop specialist. The product and service portfolio ranges from prototype, tool and plant construction to series production of body components. The company has five development and production sites in Germany and a further six abroad.
