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WebsiteIntroduction
Diginex Limited (NASDAQ: DGNX) is a London-based RegTech firm founded in 2017 that provides cloud-based environmental, social, and governance (ESG) reporting and advisory solutions. Through its proprietary platforms—including diginexESG for end-to-end ESG reporting and diginexLUMEN for supply chain risk assessments—the company assists organizations in collecting, managing, and reporting sustainability data in accordance with various global frameworks such as GRI, SASB, and TCFD.
Corporate Structure
Diginex employs between 51 and 200 staff members, with its executive team led by CEO Mark Blick and VP of Partnerships Matthew Rusk. The company holds ISO and SOC 2 certifications, operates secure data centers, and undergoes routine security audits. Its headquarters are located in London, and it serves clients across Hong Kong, the United Kingdom, and the United States.
ESG Reporting by Kyle Loftus
Developments and News
- On May 23, 2025, Diginex signed a memorandum of understanding to acquire Copenhagen-based ESG analytics firm Matter DK ApS for an equity value of $13 million, payable in ordinary shares.
- On September 10, 2025, the definitive sale and purchase agreement (SPA) for Matter DK ApS was executed, structuring 85% of share consideration at closing and 15% deferred for 12 months, along with a €250,000 loan facility.
- On October 3, 2025, Diginex filed Form 6-K to confirm the closing of the Matter acquisition and the issuance of 1,241,496 ordinary shares (valued at $10.47 post-bonus issuance), and noted an 18-month lock-up period with two-year retention incentives for management.
- On August 18, 2025, the board approved a seven-for-one forward stock split, effective following distribution to shareholders.
- In 2025, the company entered a strategic partnership with iNEED Digital in Indonesia to implement ESG reporting workflows for rural banks and joined the Taskforce on Inequality and Social-related Financial Disclosures (TISFD).
Financial and Strategic Analysis
As of market close on October 9, 2025, DGNX shares traded at $40.00, reflecting a 29.07% increase from the prior session’s close of $31.00, on a volume of 152,367 shares. Key trailing twelve-month metrics from Yahoo Finance include:
• Revenue: $2.04 million
• Net loss: $5.21 million (–255.46% profit margin)
• Total cash: $3.11 million; debt/equity: 5.21%
• Market cap (intraday): $6.29 billion
• Price/Sales: 1,090×; Price/Book: 700×; EV/Revenue: 1,560×
The acquisition of Matter DK ApS is expected to expand Diginex’s ESG data analytics capabilities, enabling portfolio-level sustainability analysis and flexible API integrations. Deferred share consideration and lock-up provisions are structured to align management incentives with the goals of integration.
Market Position and Industry Context
Diginex operates in the Sustainability RegTech sector, contending with established software providers and niche ESG analytics firms. Its end-to-end diginexESG platform addresses the full reporting lifecycle—from topic discovery through report compilation—while diginexLUMEN focuses on supply chain risk and human rights impact assessments. Membership in global initiatives like TISFD and partnerships, such as the one in Indonesia, enhance its visibility among financial institutions and regulators seeking standardized, data-driven sustainability reporting.
tl;dr
On October 3, 2025, Diginex closed its $13 million acquisition of Matter DK ApS, issuing 1.24 million shares subject to an 18-month lock-up. The stock split approved on August 18, 2025, has adjusted trading multiples. As of October 9, 2025, shares are at $40.00, up 29.07%, with a market cap of approximately $6.3 billion. The integration of Matter’s ESG analytics and deferred equity structure is anticipated to enhance product offerings and client solutions in sustainability reporting. The next earnings date is October 14, 2025.
