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FinTech

Scapia Nets $40 Mn From Peak XV, Others In Series A Funding


SUMMARY

Scapia has added Peak XV Partners as a new investor to its captable

The fresh capital will be deployed for team expansion and also integrate AI to further propel its growth chart

The Bengaluru-based startup offers co-branded credit cards in partnership with Federal Bank, especially designed for catering to the needs of GenZs and millennials travelers

Former Flipkart executives’ travel fintech startup Scapia has secured $40 Mn (around INR 342 Cr) in a Series B funding round led by Peak XV Partners, along with…



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