Diginex Limited (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced the signing of a Memorandum of Understanding (MOU) dated May 23, 2025, for an all-share acquisition of Matter DK ApS (“Matter”), an innovative ESG data company based in Copenhagen, Denmark. This strategic move aims to strengthen Diginex’s ESG data analytics and reporting capabilities, expanding its ability to support financial institutions with sustainability insights.
Details of the Acquisition:
- Matter’s equity is valued at $13 million, payable through Diginex ordinary shares based on the 60-trading day trailing VWAP as of May 23, 2025, subject to an 18-month lock-up period.
- The largest shareholder of Matter is NASDAQ, with the founding management team remaining post-acquisition under multi-year employment agreements.
- The acquisition will integrate Matter’s advanced ESG data, benchmarking, and reporting technology into Diginex’s portfolio.
Strategic Benefits:
This acquisition will:
- Enhance Diginex’s ESG offerings by incorporating sophisticated data analytics and reporting tools,
- Enable clients worldwide to navigate complex sustainability regulations and meet stakeholder expectations,
- Strengthen Diginex’s position in the growing ESG and Sustainability RegTech market.
Leadership Commentary:
Miles Pelham, Chairman of Diginex, commented:
“We are excited about the acquisition of Matter, which moves us into the ESG data space and aligns with our mission to empower businesses with cutting-edge AI tools to drive sustainable impact. Matter’s expertise complements our existing technology and opens new growth opportunities.”
Niels Fibæk, CEO of Matter, added:
“Joining forces with Diginex is an exciting opportunity. Together, we can deliver unparalleled data-driven insights to help organizations meet their sustainability goals and amplify our collective impact.
The all-share acquisition of Matter DK marks a significant step in Diginex’s commitment to delivering comprehensive ESG and sustainability solutions. By combining Matter’s innovative ESG data capabilities with Diginex’s existing technology, the company is well-positioned to meet increasing demand for transparent, actionable sustainability insights across the investment industry.
