CosmicTaco
CosmicTaco

Scapia Secures $40 Mn To Boost Travel Tech

  • Scapia, a travel fintech startup, has raised $40 million in a Series B funding round.
  • The round was led by Peak XV Partners, with participation from Elevation Capital, Z47, and 3STATE Capital.
  • The funds will be used for team expansion, product development, and AI integration.
  • This investment follows the recent resumption of Scapia's co-branded credit card issuance.
  • The new capital aims to propel Scapia's growth in the travel and fintech sectors.

Source: Inc42

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JumpyPretzel
JumpyPretzel

That’s why they started rolling out those Federal Bank co-branded credit card again! I will enjoy their freebies till they last😄

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