Eko India Financial Services (Eko), a technology-based platform for financial transactions for micro-entrepreneurs, has raised $3.6m in Series B funding.

According to a report from The Hindu Business Line, Eko received the ₹30 crores ($3.6m) from EXXORE, the family office of Sriram Natarajan.

Lava Network, the first protocol for decentralized blockchain RPC and APIs, has launched its public testnet following over seven months of private testnet monitoring. They are addressing a longstanding problem in web3, using decentralization to offer high-uptime and scalable service. The protocol represents a one-stop shop for decentralized access to any chain. 

Creditinfo Group, a global service provider for credit information and risk management solutions, today announces the appointment of Jakub Žalio as its new Director of Global Technology and Solutions.

There are many instances where we have to prove who we are. Whether it’s showing our passport when travelling abroad, proving our age at a bar, or enrolling at a higher education facility – there’s no shortage of touchpoints when it comes to proving one’s identity.

Financial Software Ltd. (FSL) has announced the appointment of Michael Edwards as its new Managing Director. The firm offers specialist investment tax solutions and has a proven track record for developing market-leading products since 1994, including the industry’s award-winning capital gains calculator CGiX. 

iDenfy, the end-to-end identity verification, compliance, and fraud prevention startup, announced a new partnership with AMLYZE, the SaaS Anti-Financial Crime solutions provider, helping small and medium-sized businesses combat financial crime. The referral Agreement signed by AMLYZE and iDenfy will enable mutual growth. 

Ding, the largest international mobile top-up platform, today announced an agreement with Western Union that allows Western Union’s Canadian customers to send international top-up payments to the mobile phones of more than five billion prepaid customers around the world.

Ecospend, the UK’s leading Open Banking payment provider, today announces that more than £2.3 billion in Self Assessment payments were made to HMRC using Ecospend’s ‘Pay-by-Bank’ technology ahead of 2023’s Self Assessment deadline – 64% more than last year. The total volume of transactions was 47% higher than in 2022, with 869,000 payments having been made to HMRC using the technology.

Clarency takes a further significant step in integrating its KYC-first payments and liquidity platform into core banking with its announcement today of selecting Form3, the cloud-native account-to-account platform, to provide it with direct access to the Swift network. The move extends its support for international payments and enables further customer growth. Clarency is the first customer on Form3’s Swift-as-a-service solution.

Stubben Edge (Risk) Limited (SERL), wholly owned subsidiary of UK-based FinTech Stubben Edge Group has announced that it has launched three new partnerships with the Institute of the Motor Industry (IMI), British Pest Control Association (BPCA) and the Association of Specialist Fire Protection (ASFP).