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Diginex Signs Strategic Agreements with iNEED to Advance Sustainability Reporting for Rural Banks in Indonesia
Globenewswire· 2025-09-30 20:05
Core Insights - Diginex Limited has signed strategic agreements with PT. Inovasi Emran Ekadanta (iNEED) to enhance sustainability reporting for over 1,000 rural banks in Indonesia, with an upfront fee of approximately US$1.7 million and a revenue share structure [1][2][3] Company Overview - Diginex is a leading provider of Sustainability RegTech, focusing on streamlining ESG data collection, analysis, and disclosure through its diginexESG platform, which supports 19 global frameworks [5][6] - The company utilizes advanced technologies such as blockchain, AI, and machine learning to improve transparency in corporate regulatory reporting and sustainable finance [5] Industry Context - There is a growing investor interest in sustainable opportunities in Southeast Asia, with 70-82% of regional investors exploring ESG-focused investments [3] - Corporate Boards in ASEAN are increasingly prioritizing sustainability, with 45% planning to establish dedicated ESG or sustainability committees by 2025 [3] - The partnership between Diginex and iNEED addresses the rising demand for robust ESG reporting in Indonesia, particularly in light of regulatory pushes for transparency in the banking sector [3][4]
Diginex's Acquisitions Come For A Reason
Seeking Alpha· 2025-06-25 09:51
Group 1 - Diginex (NASDAQ: DGNX) has signed two Memorandums of Understanding to acquire Matter DK and Resulticks, which is expected to enhance its business operations [1] - Following the announcement of these acquisitions, Diginex's stock price experienced a slight decline [1] - The acquisitions are anticipated to provide Diginex with additional resources and capabilities in the market [1]
Diginex Limited Signs MOU to Acquire Resulticks for US$2bn, transforming AI and Data Management Capabilities
Globenewswire· 2025-06-05 11:20
Core Viewpoint - Diginex Limited has signed a Memorandum of Understanding to acquire Resulticks, enhancing its capabilities in data management and AI, positioning itself as a leader in data-driven client solutions [1][2][3] Group 1: Acquisition Details - The acquisition values Resulticks at $2 billion, structured in three tranches: $1.4 billion in Diginex shares, $100 million in cash, and an earnout of up to $500 million based on EBITDA performance [2] - The earnout is contingent on Resulticks achieving specific EBITDA thresholds over the next three fiscal years, with amounts of $166.67 million for FY2026, FY2027, and FY2028 [2] Group 2: Resulticks Overview - Resulticks is recognized for its AI-driven customer engagement and data management solutions, operating in multiple regions including the US, India, Singapore, and the Middle East [3][9] - The company’s platform enables businesses to deliver personalized customer experiences through real-time data analytics [3][9] Group 3: Strategic Implications - The integration of Resulticks' technology is expected to enhance Diginex's data-driven sustainability solutions, allowing organizations to meet regulatory requirements more effectively [3][4] - Diginex aims to leverage Resulticks to provide hyper-personalized insights and expand into new verticals, enhancing compliance, supply chain intelligence, and risk analytics [4][5] Group 4: Leadership Statements - Diginex's Chairman emphasized that the acquisition will strengthen the company's balance sheet and profitability while deepening expertise in AI and data management [5] - Resulticks' leadership highlighted the partnership's potential to optimize customer engagement and enhance sustainability solutions for a global customer base [5][6] Group 5: Recent Developments - This acquisition follows Diginex's recent memorandum of understanding to acquire Matter DK ApS, further expanding its sustainability data and analytics offerings [6] - These strategic moves position Diginex as a global leader in innovative, data-driven solutions for client and sustainability engagement [6]