VENDOR · IN
Travel fintech Scapia raises $63M from General Catalyst for India payments expansion
Scapia, an India-focused travel payments fintech, closed a $63M Series round led by General Catalyst. Funds will drive expansion in travel-linked payment and settlement services across South Asia.
WHY IT MATTERS
Validates travel fintech vertical in emerging markets; follows trend of global VCs backing vertical payments plays in India. Travel is high-margin, sticky vertical for BFSI infrastructure.
Source: TechCrunch · 2026-05-21