# Scapia’s fundraise comes as Gen Z and millennial consumers in India increasingly allocate more spending toward travel.

*fintech · news · 2026-05-21 · Livemint*

## Key points

- One in three Indian consumers spend over 20% of their income on travel.
- India's Gen Z travel spending is projected to reach $102 billion by 2030, up from $32 billion.
- 50% of India's new credit cards are issued to Gen Z and millennials.
- Scapia plans to offer temporary loans to customers who exhaust their card limits for travel needs.

**Countries:** India

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