We have been on every side of these agreements.
Drafted the agreements
Our CEO wrote sponsor bank and fintech agreements at Davis Polk, so Leela reads them the way their authors meant them.
Ran the programs
She then ran operations inside regulated fintechs at DailyPay and Kafene, where those obligations had to be met every day.
Reviewed by regulators
A former SEC Commissioner, a former CFTC Commissioner and a former SEC field lead review how Leela interprets the rules.
The team behind Leela.
Preeti Krishnan began her career at Davis Polk, where she worked on agreements for financial companies, and later worked inside regulated fintechs at DailyPay and Kafene. She saw firsthand how much compliance work was still being done manually across spreadsheets, email and internal systems. Leela was built to do that work instead.
Manual compliance was built for a slower world.
Compliance teams are often treated as the department of no. They slow launches down and find problems after the fact, but mostly because they lack the context to say yes. Engineering ships code many times a week and marketing launches campaigns daily, while compliance still runs on spreadsheets and quarterly reviews. Leela gives compliance that context and does the work, so it can move at the speed of the business.
Frequently asked questions.
Anything else, write to hello@withleela.com.
Is Leela a law firm?
No. Leela does not provide legal advice. When something requires legal judgment, Leela sends it to your team or counsel with the relevant analysis and sources.
Does Leela replace our compliance team?
Leela handles the compliance work it can complete on its own and sends decisions that require human judgment to your team for approval.
Can we bring our own policies?
Yes. Leela can work from your existing policies or help draft new ones for your approval.
Does Leela work with our sponsor bank?
Yes. Your bank can see what you owe it and the evidence showing that the work was completed.
How is Leela priced?
Pricing is based on the programs, licenses, products and bank relationships in scope. Contact us at hello@withleela.com.
We only have one or two compliance people. Is Leela for us?
Yes. Leela does the recurring work a small team cannot keep up with and sends your team only the decisions that need them.
We don't have a bank partner yet. Should we wait?
No. Share the draft agreement and Leela will show you the obligations you would be taking on before you sign.
What if we have more than one bank partner?
Leela tracks the obligations in every agreement at once and keeps the evidence for each bank separately.