<ul><li>Scapia, a Bengaluru-based travel fintech company, has raised $40 million in series B funding led by Peak XV Partners.</li><li>The funding will be utilized for product development, team expansion, and integration of AI into its travel and financial services offerings.</li><li>Scapia's co-branded credit card, developed in partnership with Federal Bank, offers competitive rewards, airport privileges, and no forex markup.</li><li>The company plans to expand its services further in the Indian market after its customers have used its card to travel to over 100 countries.</li></ul>

Scapia Secures $40M in Series B Funding to Boost Travel and Fintech

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