Formerly known as Financepeer, LEO1 aims to transform financial transactions within the Indian education system.
The startup addresses the persistent challenge of irregular cash flow in educational institutions with its "Financial SAAS" model.
This model encourages responsible financial behaviour among students and parents while providing institutions with a streamlined platform for fee collection and financial management.
What did Rohit Sharma say?
"I am thrilled to support LEO1 in its mission to revolutionize learning and make quality education accessible to everyone. Their approach, unwavering commitment, and entrepreneurial spirit are truly inspiring as they work to positively impact the lives of aspiring students and their parents. This partnership presents an incredible opportunity for me to back initiatives that can make a significant difference for an entire generation," said Rohit Sharma.
Rohit Gajbhiye, Chief Executive Officer & Founder of LEO1, added, "Rohit Sharma's endorsement has infused our teams with tremendous enthusiasm to deliver outstanding work. With his support as our brand ambassador and now as a valued investor, I am confident that we will become even more efficient and motivated. I foresee a promising future for LEO1."
What solutions does LEO1 offer?
LEO1's 'Financial SAAS' product offers comprehensive financial transaction solutions for the education sector. The LEO1 payment card, which doubles as a Smart ID card, allows for seamless transactions, including institute fees, retail purchases, online transactions, and ATM withdrawals.
The card simplifies access to campus facilities and services, enhancing the student experience.
Additionally, the platform provides immediate education loans, making it easier for students to access funds for educational expenses. LEO1 also incentivizes timely fee payments through a reward mechanism, promoting responsible financial behaviour.
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