Indian Cricket Captain Rohit Sharma has made his first investment in the fintech sector by backing the innovative edu-fintech company LEO1, previously known as Financepeer. LEO1 is dedicated to revolutionizing financial transactions within the Indian education system.
Supporting Quality Education
"I am thrilled to support LEO1 in its mission to revolutionize learning and make quality education accessible to everyone," Sharma expressed. He praised the company's approach and commitment, highlighting their potential to positively impact students and their families. "This partnership presents an incredible opportunity for me to back initiatives that can make a significant difference for an entire generation," Sharma added.
Addressing Cash Flow Challenges in Education
LEO1 tackles the issue of irregular cash flow in educational institutions with its innovative "Financial SAAS" model. This model not only streamlines fee collection and financial management but also promotes responsible financial behavior among students and parents. Rohit Gajbhiye, CEO and Founder of LEO1 explained, "Irregular cash flow often leads to excessive efforts focused solely on fee recovery over other important developments. LEO1 addresses these challenges through our 'Financial SAAS' model that motivates responsible financial behavior."
Fueling Growth and Expansion
Sharma's investment, along with support from prominent investors like QED Investors and Aavishkaar Capital, will drive LEO1's growth and expansion across India. LEO1's product suite includes a versatile payment card that doubles as a smart ID, facilitating seamless transactions on and off campus. The platform also offers immediate education loans, and rewards for timely fee payments, and promotes financial literacy among students.
A Promising Future with Rohit Sharma
“Rohit Sharma’s endorsement has infused our teams with tremendous enthusiasm,” said Gajbhiye. “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 and express gratitude to all our investors while extending a warm welcome to Rohit into our community.”
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