travel fintech

Bengaluru-based Scapia, a travel-fintech innovator, has secured $63 million in a funding round led by General Catalyst. This capital infusion will fuel the expansion of its integrated travel and financial services, including co-branded credit cards and AI-driven product development. The company aims to enhance user experience across bookings and payments, with domestic travel bookings showing significant growth.

Engineering remains a powerful career option, but AI has changed its terms. Routine coding is getting automated, entry-level work is being compressed, and the old B.Tech-to-job promise looks less secure. The opportunity now belongs to students who combine fundamentals, AI fluency, domain understanding and judgement — not those who treat engineering as just another coding degree.

The UAE has become the first country to grant a Stored Value Facilities (SVF) license to a cryptocurrency platform, allowing regulated digital asset payments. This landmark approval enables UAE residents to pay government fees using cryptocurrencies, integrating virtual asset payments into the nation's regulated financial system and bolstering its digital economy.

Says AP Will Unveil Its Own Action Plan In 2 Days

Indian summer vacation plans to exotic locales are facing a significant setback. A combination of the West Asia conflict and a depreciating rupee has inflated overseas tour package costs by approximately 20%. This surge, coupled with geopolitical instability, has led to a sharp decline in international travel demand, particularly to the Gulf and Europe, impacting the peak summer season.

Mumbai is seeing its biggest infrastructure push yet with new expressways, a 16-line metro network, a second international airport, sea links and tunnels. Will it reshape how the city functions? Will it change where its people live and work? Will it improve the quality of life in India’s buzziest metropolis?

As unpredictability hovers over international trips due to the West Asia conflict and rising airfares, travellers are not cancelling their plans but readjusting their itineraries

Rest and mindful financial planning are key for Aries, while Taurus benefits from mentorship and family support. Gemini should embrace communication and avoid overcommitment. Cancer's career decisions and Leo's savings are highlighted. Virgo's delegation and Libra's patience are crucial. Scorpio faces financial shifts, Sagittarius needs rest, and Capricorn focuses on well-being.

Noida's real estate is rapidly transforming, with the Noida International Airport at Jewar accelerating its rise. Property prices are projected to surge, driven by infrastructure development and a burgeoning aerotropolis. This shift positions Noida as a significant growth hub, challenging established markets in the NCR.

travel fintech startup Scapia has raised $40 million in a Series B round led by Peak XV Partners, with support from existing investors. The funding aims to boost team expansion, product development, and AI investment. Scapia targets younger consumers with its co-branded credit card, integrating travel bookings and financial tools.

The government-led mega event, India Fintech Festival, which was scheduled to take place on March 4 and 5 in Mumbai, has been postponed following travel advisories over Covid-19 (coronavirus). Organisers have said that the new dates will be announced soon.

Indians are thronging foreign destinations with a vengeance as most countries have opened up for tourists after pandemic-induced curbs. A combination of pent-up demand and financial stress means that many of them are opting to pay for their international vacation with EMIs.

Jazeera Airways has launched a groundbreaking 'Fly Now, Pay Later' option, becoming the first Kuwaiti airline to offer interest-free installment payments for flights. This strategic partnership with deema aims to enhance travel affordability and accessibility for a wider range of passengers. The move signifies a significant step in the region's digital aviation transformation.

EbixCash, a subsidiary of Nasdaq-listed Ebix, has filed a draft prospectus with Sebi for a Rs 6,000-crore initial public offering (IPO). EbixCash has organised its business along four primary segments — payment solutions, travel, fintech and BPO services & startup initiatives.

Delhi High Court allows Ashneer Grover and wife to reclaim security deposits upon their return from the US. The couple faced stringent travel restrictions and legal proceedings due to alleged fraud at BharatPe. Grover launches new fintech app amidst ongoing investigations.

SanKash, a travel fintech and BNPL aggregator, is targeting one million customers by 2025, said Akash Dahiya, co-founder SanKash.

India's fintech market is experiencing tremendous growth, with over 2,000 recognized startups. The industry is projected to reach a market size of $150 billion by 2025, driven by the surge in digital payments during the pandemic. Fintech companies are expanding their offerings beyond digital wallets, with companies like NiYO catering to international travelers, Progcap empowering small businesses through financing and technology products, and Easiloan providing easier access to financial services. Technology has played a crucial role in this growth, and emerging technologies will further advance the industry's progress.