Smart Business News

Business News That Matters

LEO1 and Cardinal Warriors School Unite for Stronger Educational Opportunities with Fee Reimbursement Card

LEO1 and Cardinal Warriors School Unite for Stronger Educational Opportunities with Fee Reimbursement Card

Raipur (Chhattisgarh) 13 February 2025: Rohit Sharma-backed LEO1 has expanded its footprint to Chhattisgarh by partnering with Cardinal Warriors, a residential military school in Raipur, to launch the first-ever Fee Reimbursement Card. This marks LEO1’s first partnership with a private military school, reinforcing its impact on the education sector through its fee reimbursement model. The model incentivizes students and parents for timely and advance fee payments while improving the school’s financial transactions.

Cardinal Warriors, founded by Major Pravin Singh, is dedicated to shaping future leaders through a strong foundation in discipline and resilience. The school prepares cadets for careers in the armed forces, civil services, medicine, and sports, nurturing their potential for success. With a rigorous curriculum and holistic development, Cardinal Warriors empowers students to become confident and capable individuals, ready to serve their country in various fields. The school has now also become a smart campus with LEO1 SaaS solutions. Incentive model with fee-reimbursement card/app on timely fee payments would encourage financial discipline among students.

The Fee Reimbursement Card is a secure, numberless prepaid card that safeguards students’ financial and personal information. Integrated with a mobile app, it facilitates tuition fee payments, everyday transactions, and offers rewards in the form of LEO1 coins. These coins can be redeemed at over 175 merchant partners, including Zomato, Myntra, and Uber, turning routine fee payments into cost-saving opportunities.

Cardinal Warriors will also benefit from LEO1’s plug-and-play fee management software, which simplifies administrative processes by tracking payments in real time and managing student data efficiently. The partnership aims to address irregular cash flow challenges through LEO1’s incentivization module, reducing manual efforts and enabling the school to focus on its core principles’. These principles guide the school’s military-based training and experiential learning approach in modern classrooms.

Mr. Rohit Gajbhiye, Managing Director & Founder of LEO1, said, “Managing educational fees is often a challenge, placing financial strain on both students and institutions. LEO1 addresses this with India’s first Fee Reimbursement Card, allowing students to earn redeemable coins with every payment. These coins provide discounts and vouchers, making education more affordable.

He added “We are thrilled to partner with Cardinal Warriors, our first private military school. This collaboration not only focuses on fee management but also fosters financial discipline among students, complementing the values of discipline and preparedness that military schools emphasize. We look forward to making a positive impact on both the institution and its students, benefiting them and their families in the long run.”

Major Pravin Singh, (Veteran) President, Cardinal Warriors said, “Discipline is the foundation of success, whether in the battlefield or in life. Through our partnership with LEO1, we are instilling financial discipline in young minds by incentivizing timely fee payments. This not only cultivates responsible spending habits but also prepares students for a future where accountability and smart financial decisions are key to their success. A regularized cash flow enables institutions to invest in better infrastructure, faculty, and resources, ultimately enhancing the quality of education. We look forward to seeing this initiative empower students and families while strengthening the foundation of educational excellence.”

LEO1’s platform offers additional features such as easy-EMI fee financing. Students can top up their wallets, monitor spending, and develop better money management habits. Over the past few months, more than 5 lakh students have benefited from LEO1’s solutions, significantly reducing their financial burdens and enhancing financial security.

LEO1 was also a finalist for the most innovative fintech product at IFTA 2024.

Leave a Reply

Your email address will not be published. Required fields are marked *