Jyothy Institute of Commerce and Management Latest News & Notifications 2025 ,Bangalore

LEO1’s Fee Reimbursement Model Now at Jyothy Institute of Commerce and Management

March 21, 2025: LEO1, an edu-fintech company, has partnered with Jyothy Institute of Commerce and Management, Bangalore, to introduce the Fee Reimbursement Card on campus. This first-of-its-kind card incentivizes students and parents for timely and advance fee payments while streamlining the institution’s financial processes.

Families are motivated to pay tuition fees on time as it rewards them with LEO1 Coins, where 1 LEO1 Coin equals one rupee. The card functions like a regular debit or credit card, enabling students to manage various expenses both on and off campus. With every transaction, students earn LEO1 Coins, which can be redeemed with 200+ brand partners, including PVR, Zomato, Uber, Starbucks, Myntra, and more—transforming everyday spending into valuable savings.

In addition to benefiting students, the partnership brings LEO1’s plug-and-play fee management software to the campus, simplifying administrative processes by tracking payments in real-time and managing student data efficiently. The partnership also addresses cash flow challenges through LEO1’s incentivization module, reducing manual efforts and enabling the institution to focus on expanding its academic and extracurricular offerings. 

LEO1’s platform also offers easy EMI-based fee financing. Students can top up their wallets, track their spending, and build better money management habits. To date, more than 5 lakh students have benefited from LEO1’s solutions, helping reduce financial stress and improve financial security. LEO1 was the finalist in IFTA for most innovative fintech start-up of the year in 2024.