Scapia raises $40M to expand travel fintech offerings for Gen Z and millennials in India.

Travel fintech company Scapia raised $40 million in Series B funding, led by Peak XV Partners, to expand its team, enhance products, and leverage AI. The company's co-branded credit card, which targets Gen Z and millennials, has driven its growth. The card offers no fees, foreign exchange benefits, and travel rewards, positioning Scapia as a key player in India's booming travel and credit card markets.

5 days ago
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