LEO1, India’s leading Edu-fintech startup, announced that it has crossed a user base of over 3 million students and their families. These users benefit from the company’s no-cost fee financing for education, which has been a cornerstone of LEO1’s mission to make education accessible and affordable. The company’s commitment extends beyond financing to empowering students through diverse programs, scholarships, and a technology-driven approach that helps address gender diversity in India’s education landscape, particularly in supporting girl students’ educational access and completion.
Rohit Gajbhiye, Founder & MD of LEO1, expressed his excitement about this achievement, stating, “We are thrilled to have helped over 3 million students across 13,000 institutions achieve their 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.”
In addition to providing no-cost fee financing, LEO1 offers a comprehensive suite of services aimed at enriching the educational journey. This includes free Financial Literacy learning modules covering essential topics such as Debit, Credit, CIBIL, NTC, DPD, IRR, and more. These modules are designed to promote financial independence in young adults by equipping them with the knowledge to manage their finances wisely. LEO1 also offers various rewards and discounts as part of its commitment to student financial well-being.
Furthermore, LEO1 has introduced its groundbreaking LEO1 Embedded Stack, a revolutionary technology that is reshaping the education ecosystem. This modern software offers a comprehensive suite of tools that empower educational institutions, parents, and students. With the LEO1 Embedded Stack, educational institutions can leverage cutting-edge technology to reduce administrative costs and streamline fee collection. It also provides opportunities for accessing capital to support growth and expansion, ultimately enhancing the institution’s brand presence, increasing enrollments, and reducing dropout rates. The tech platform of LEO1 also allows students to track their academic progress and set their future goals.
“We believe that technology has the power to revolutionise education, and our advanced technologies are providing students and educational institutions with access to the resources and support they need to succeed,” added Gajbhiye.