May 27, 2025, 4:32 AM
May 27, 2025, 4:32 AM

Diginex signs acquisition deal to boost ESG capabilities

Highlights
  • Diginex Limited has signed a Memorandum of Understanding to acquire Matter DK ApS for $13 million.
  • The acquisition is an all-share deal that will enhance Diginex's capabilities in ESG data analytics.
  • This strategic move aims to help businesses navigate the complexities of sustainability and improve reporting.
Story

On May 27, 2025, Diginex Limited, a prominent provider of Sustainability RegTech solutions based in London, announced the signing of a Memorandum of Understanding (MOU) to acquire Matter DK ApS, a pioneering ESG data company. The acquisition is an all-share transaction, valuing Matter at $13 million. Under this agreement, Diginex will issue ordinary shares equivalent to this valuation based on the company’s trailing 60-day volume weighted average price as of May 23, 2025, with an 18-month lock-up period for the shares. This initiative aims to significantly enhance Diginex's sustainability data offerings, which are crucial for the investment industry. Diginex intends to leverage Matter's expertise in ESG data analytics and reporting to provide more comprehensive solutions to financial institutions and organizations seeking to fulfill their sustainability reporting requirements. The CEO of Matter, Niels Fibæk, expressed enthusiasm about the merger, emphasizing the potential for combined impact and improved data-driven insights for clients' sustainability objectives. Diginex's existing platforms support global ESG frameworks, making this acquisition not just a strategic move but also a step towards addressing the increasing demand for ESG compliance and climate-related financial disclosures. This acquisition reflects a growing trend where firms in the finance sector prioritize robust sustainability practices, aligning their operations with regulatory expectations and stakeholder demands. As Diginex embarks on this journey, it aims to lead the market in sustainability reporting, thereby increasing transparency in corporate regulatory frameworks and promoting responsible investment behaviors across the industry.

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