LEO1’s no-cost-fee financing solutions are selected by 3 million students
New Delhi: LEO1, India’s leading Edu-fintech startup, announced that it has crossed 3 million user base of students and their families to whom the company provides with no-cost fee financing for education. The company has been focusing on empowering students; with its varied programs, scholarships and tech-oriented approach is advancing the gender diversity in the education landscape in India helping girl students’ access and complete their education.
On achieving this milestone, Rohit Gajbhiye, Founder & MD, LEO1, said “We are thrilled to have helped over 3 million students across 13000 institutions achieve educational dreams. Our mission is to make education accessible and affordable for everyone, and we are committed to providing innovative financial solutions that help students and families reach their full potential. We believe that technology has the power to revolutionise education and our advance technologies are providing students and educational institutions with access to the resources and support they need to succeed.”
The company offers free fee financing and a range of educational services, including Financial Literacy modules covering topics like Debit, Credit, CIBIL, NTC, DPD, IRR, and more. These modules aim to empower young adults with financial independence. Additionally, the company provides rewards and discounts to support student financial well-being.
The startup has introduced the LEO1 Embedded Stack, a game-changing technology for the education sector. This software benefits educational institutions, parents and students by reducing administrative costs, facilitating fee collection and improving access to capital. It enhances an institution’s brand presence, boosts enrollments, and reduces dropout rates, while enabling students to monitor their academic progress and set future goals.
As India’s first education bank in the making, LEO1 is reshaping the education finance landscape with its commitment to accessibility, affordability and a holistic approach to financial empowerment.
