Rohit Sharma-backed LEO1 crosses 5-L users mark

Hyderabad: LEO1, formerly known as Financepeer and backed by Indian cricket team captain Rohit Sharma along with QED Investors, Aavishkaar Capital, among others has reached a major milestone, crossing 5 lakh students with its Financial SaaS platform. The platform offers fee management solutions for educational institutions, along with Smart ID cards, a Reward Mechanism for timely fee payments, and Financial Literacy programs for students.

Inspired by the Digital India mission, LEO1’s Financial SaaS is designed to transform the education ecosystem by automating and digitising the fee collection process. Students benefit from a digital campus experience, enabling them to make on-campus payments through a numberless prepaid card or the LEO1 mobile app.