Financepeer
Education-focused fintech that lets parents pay school and college fees to institutions upfront in one installment and repay in monthly instalments at zero interest to the parent, partnering with K-12 schools, colleges, test-prep and skilling institutes across India. Rebranded to LEO1 in February 2023.
Financepeer: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 19 Jun 2024 | Venture Round | Undisclosed | Rohit Sharma | source |
| 20 Apr 2022 | Series B | $31 Mn | Aavishkaar Capital Ardent Ventures QED Investors 9Unicorns DMI DMI Sparkle Fund LC Nueva AIF Maxar VC | source |
| 23 Mar 2021 | Seed | Undisclosed | SprintVC | source |
| 29 Sep 2020 | Seed | $3 Mn | MS Fincap Aar Em Ventures Angelbay Holdings Danube HEM Angels JITO Angel Network | source |
| 28 Sep 2019 | Angel Round | $709.1K | Ravi Sanghvi | source |
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Who founded Financepeer?
Financepeer was founded by Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy, Debi Prasad Baral in 2017.
How much funding has Financepeer raised?
Financepeer has raised $34.71 Mn across 5 tracked funding round(s), most recently on 2024-06-19. Figures are compiled from cited public sources.
Who are the investors in Financepeer?
Investors in Financepeer include Rohit Sharma, Aavishkaar Capital, Ardent Ventures, QED Investors, 9Unicorns, DMI, DMI Sparkle Fund, LC Nueva AIF.
What does Financepeer do?
Education-focused fintech that lets parents pay school and college fees to institutions upfront in one installment and repay in monthly instalments at zero interest to the parent, partnering with K-12 schools, colleges, test-prep and skilling institutes across India. Rebranded to LEO1 in February 2023.
Where is Financepeer headquartered?
Financepeer is headquartered in Mumbai, Maharashtra, India.
What is Financepeer's business model?
Financepeer's core value proposition centers on Zero-interest fee financing for parents, Upfront, guaranteed fee collection for institutions.
How does Financepeer make money?
Financepeer's cited revenue streams include Nominal fee charged to institutions, Loan processing fees.