Preksha Paytech, is a financial services company committed to ease the process of education payments for parents and institutions, through a next-generation payments platform, vertical-specific software, and proprietary payments network.
A common problem encountered by most of the parents these days, is the lack of affordability to pay for their child’s education on time, due to shortage of funds, resulted by other unexpected expenses. Education institutions, at the same time face the challenge of timely collection of fees, from their students and sustain their business.
Taking both these problems into consideration, the founders of Preksha Edutech, a team of extremely passionate and experienced senior management professionals and entrepreneurs came up with the idea of providing financial support to parents, by paying the fees of their child on their behalf, directly to the institutions and lighten their financial burden by simplifying the repayment options through “Monthly EMI’s at Zero-Percent Interest”, along with options to redeem rewards for each transaction. Hence, the education institutions are also freed from the hassles of timely fee collection from students and are empowered to run their business profitably.
Founded in 2022, in Hyderabad, Telangana, Preksha paytech is keen to serve parents and institutions all over India, making education accessible and affordable to all.