Scapia has raised $63 million in new funding as the company looks to expand its travel-focused credit card platform and accelerate hiring across engineering and AI-focused roles.
The round was led by General Catalyst, with participation from existing investors Peak XV Partners and Z47.
Founded by former Flipkart executive Anil Goteti, Scapia offers co-branded zero-fee credit cards in partnership with Indian banks, allowing users to convert everyday spending into travel rewards redeemable through the companyโs platform.
The fintech has now raised approximately $126 million over the past three years, including a $40 million Series B round completed in 2025.
Scapiaโs platform combines payments, rewards infrastructure, and travel booking capabilities within a unified consumer finance experience focused on younger digital-first users.
Recent product launches have included Scapia Pay for UPI-linked rewards and credit card payments, expanded transit and bus booking integrations, and new travel planning features under its Scapia Trips offering.
The company has also partnered with BOBCARD to expand distribution across Indiaโs growing consumer credit market.
According to Goteti, the new capital will support product expansion, customer growth, and hiring initiatives across engineering, product development, data science, and AI-focused teams.
The funding highlights continued investor interest in consumer fintech platforms that combine payments, rewards, and embedded financial services within broader lifestyle ecosystems.
