Scapia bags $63M from General Catalyst to scale co-branded travel card and UPI rewards
Travel fintech Scapia raised $63M in a round led by General Catalyst, with Peak XV and Z47 participating, lifting total funding to $135M. Capital will fuel its co-branded travel credit card, UPI rewards, Scapia Store and AI-native hiring, after 5-6x flight booking growth and 7x customer growth.
What happened
Travel fintech Scapia raised $63M led by General Catalyst with Peak XV and Z47 participating, taking total funding to $135M. Funds will scale its co-branded
Key facts
- $63 million
- $135 million total funding
- $72 million prior
- 5-6x flight booking growth
- 8x stays growth
- 7x customer growth
Why this matters
Scapia's expansion into Scapia Store and AI-native hiring hints at a broader travel-commerce platform play, worth tracking for partnership or competitive positioning in loyalty and rewards.