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RegEd's Xchange Alerts Solution Surpasses 300 Million Data Updates, Reinforcing Industry Leadership in Automated Producer Data Reconciliation
Globenewswire· 2026-02-06 16:00
Raleigh, NC, Feb. 06, 2026 (GLOBE NEWSWIRE) -- RegEd, the leading provider of producer management solutions for the financial services industry, today announced a new milestone for its market-leading Xchange Alerts solution, which has now processed more than 300 million data updates. This achievement reflects continued growth in adoption and usage of the solution and underscores RegEd’s long-standing leadership in delivering automated, rules-based producer data reconciliation at enterprise scale. Xchange A ...
Diginex Completes Acquisition of The Remedy Project Amid Growing Global Demand for Human Rights Due Diligence in Supply Chains
Globenewswire· 2026-01-08 13:00
Core Insights - Diginex Limited has successfully acquired The Remedy Project Limited, enhancing its capabilities in sustainability and human rights within global supply chains [1][2][3] Group 1: Acquisition Details - Diginex issued 1,000,000 shares to The Remedy Project's sole shareholder and may issue an additional 1,000,000 shares based on performance targets over the next three years [1] - The acquisition aims to integrate Diginex's supply chain technology with The Remedy Project's expertise in human rights due diligence and grievance mechanisms [2][4] Group 2: Strategic Objectives - The combined offerings will help companies identify and monitor human rights risks while implementing effective remediation strategies [2][5] - This acquisition is expected to strengthen Diginex's leadership in supply chain compliance and enhance its tools for managing ESG requirements [5] Group 3: Company Background - Diginex is a sustainable RegTech business that utilizes blockchain, AI, and data analysis to improve transparency in corporate regulatory reporting and sustainable finance [6] - The Remedy Project, founded in 2020, specializes in labor and human rights advisory services, focusing on high-risk sectors in Asia [8][9]
Diginex Completes Acquisition of The Remedy Project Amid Growing Global Demand for Human Rights Due Diligence in Supply Chains
Globenewswire· 2026-01-08 13:00
Core Insights - Diginex Limited has successfully acquired The Remedy Project Limited, enhancing its capabilities in sustainability and human rights within global supply chains [1][2][3] Group 1: Acquisition Details - Diginex issued 1,000,000 shares to The Remedy Project's sole shareholder and may issue an additional 1,000,000 shares based on performance targets over the next three years [1] - The acquisition aims to integrate Diginex's supply chain technology with The Remedy Project's expertise in human rights due diligence and grievance mechanisms [2][4] Group 2: Strategic Implications - The combination of Diginex's tools and The Remedy Project's advisory services will help companies identify human rights risks and implement effective remediation strategies [2][5] - This acquisition strengthens Diginex's position in supply chain compliance, providing clients with advanced tools to manage ESG requirements and enhance social impact [5] Group 3: Company Background - Diginex is a sustainable RegTech business that utilizes blockchain, AI, and data analysis to improve transparency in corporate regulatory reporting and sustainable finance [6] - The Remedy Project, founded in 2020, specializes in labor and human rights advisory services, focusing on high-risk sectors and regions in Asia [8][9]
Diginex Provides Update on Acquisition Progress
Globenewswire· 2025-12-23 13:19
Core Insights - Diginex Limited is focusing on a strategic acquisition roadmap to enhance growth, market reach, and competitive positioning in the ESG and compliance sectors [1] Acquisition Updates - Diginex is in active discussions with Resulticks, with final terms for the transaction agreed upon and documentation being updated. The deal's cash consideration is expected to be contingent on a debt-based acquisition financing facility, avoiding equity dilution [2] - The acquisition process with IDRRA Cyber Security Ltd. (Findings) has been paused due to insufficient due diligence and progress, making a short-term acquisition unlikely [3] - Diginex has not received substantial due diligence from Kindred OS, leading to the conclusion that pursuing a definitive transaction is unwarranted, and the closing of this deal appears unlikely [4] Company Overview - Diginex Limited, headquartered in London, operates as a sustainable RegTech business, facilitating ESG, climate, and supply chain data collection and reporting through advanced technologies like blockchain and AI [5] - The diginexESG platform supports 19 global frameworks, including GRI, SASB, and TCFD, providing comprehensive support for clients in ESG reporting and compliance [6] About Resulticks - Resulticks is a provider of AI-powered, omnichannel customer engagement and data management solutions, serving clients across various industries in North America, Asia, and the Middle East [7] About Findings - Findings, also known as IDRRA Cyber Security Ltd., offers a supply chain risk monitoring platform, focusing on cybersecurity and compliance for enterprises [8][9] About Kindred OS - Kindred OS is developing the H1 Edge AI platform, which focuses on predictive analytics and local deployment of AI models in sectors like education and healthcare [9]
Diginex Limited Executes Landmark Deal to Build Supply Chain Compliance Leader
Globenewswire· 2025-12-18 22:00
Core Insights - Diginex Limited has signed a definitive share purchase agreement to acquire The Remedy Project Limited, enhancing its capabilities in labor and human rights within global supply chains [1][2] Group 1: Acquisition Details - The acquisition follows a non-binding Memorandum of Understanding signed on November 21, 2025, and is expected to close soon, pending customary conditions [2] - The Remedy Project specializes in human rights due diligence, grievance mechanisms, and remediation, which aligns with Diginex's strategy for ESG compliance and supply chain due diligence [1][3] Group 2: Market Context - There is a growing demand for effective remediation in global supply chains due to stringent regulations like the EU corporate sustainability due diligence directive (CS3D), which necessitates companies to implement verifiable remediation processes [3] - Diginex has partnered with major companies such as Coca-Cola and Unilever to enhance supply chain transparency and human rights due diligence [4] Group 3: Technological Integration - The Remedy Project's expertise in grievance mechanisms and remediation frameworks complements Diginex's AI-powered tools, particularly enhancing the diginexAPPRISE platform [5] - Diginex's diginexAPPRISE application collects actionable data from supply chain workers to identify risks and improve transparency [5] Group 4: Leadership and Vision - Archana Kotecha, Founder and CEO of The Remedy Project, will join Diginex's executive team to focus on remedy innovation and global relationships [6] - Diginex's Chairman, Miles Pelham, emphasized the synergy between The Remedy Project's advisory expertise and Diginex's technology, positioning the company to address the full lifecycle of human rights due diligence [7]
Diginex Appoints Lorenzo Romano as Deputy Chairman Amid Booming Sustainability RegTech Market Opportunity
Globenewswire· 2025-12-11 14:25
Core Insights - Diginex Limited has appointed Lorenzo Romano as Deputy Chairman to enhance governance and capitalize on the growing sustainability RegTech market, projected to expand from approximately $20 billion in 2025 to over $80 billion by 2032 due to increasing ESG regulations and demand for compliance technologies [1][3]. Company Developments - Mr. Romano, who previously served as Head of M&A and Strategic Development, has played a crucial role in advancing Diginex's acquisition strategy and integrating Matter DK ApS, contributing to initiatives like the recent acquisition MOUs with Matter and Plan A [2][5]. - His extensive experience in private banking and corporate development, including senior roles at EFG Bank and Syz Bank, positions him to guide Diginex through transformative growth phases in the sustainability RegTech sector [4][5]. Strategic Focus - In his new role, Mr. Romano will enhance corporate governance, strategic planning, and continue to drive the M&A agenda, ensuring alignment between long-term objectives and operational execution [5][6]. - Diginex aims to lead in the sustainability RegTech sector by providing innovative tools for navigating stringent global regulations, leveraging platforms like diginexESG and diginexLUMEN for ESG compliance and supply chain monitoring [6][7]. Market Context - The increasing global demand for robust sustainability solutions is driven by regulatory frameworks such as the EU's Corporate Sustainability Reporting Directive (CSRD), prompting companies to seek specialized RegTech platforms for efficient management of reporting and compliance [3][6].
Diginex Limited Announces Robust 293% Revenue Growth and Enhanced Balance Sheet for Six Months Ended September 30, 2025
Globenewswire· 2025-12-09 13:00
Core Insights - Diginex Limited reported a transformative first half of fiscal 2025 with a 293% revenue growth, reaching $2.0 million compared to $0.5 million in the prior-year period, driven by strong demand for ESG reporting and supply chain solutions [4][7][8] - The company strengthened its financial position through a successful IPO, warrant exercise, and the acquisition of Matter DK ApS, valued at approximately $13 million, enhancing its AI-driven ESG data capabilities [4][10] - Diginex maintains a debt-free balance sheet, with net assets increasing to $10.9 million as of September 30, 2025, up from $4.6 million at the end of March 2025 [7][10] Revenue Performance - Total revenue for the six months ended September 30, 2025, rose by $1.5 million (293%) to $2.0 million, primarily due to subscription and license fees increasing from $0.2 million to $1.9 million [8] - Advisory fees remained stable at $0.1 million, while customization revenue declined as the company focused on core product development [8] Expenses and Losses - General and administrative expenses increased by $3.4 million to $8.1 million, largely due to a $2.2 million rise in professional fees related to M&A activities [9] - The company reported a net operating loss of $6.0 million for the period, compared to a loss of $4.2 million in the first half of 2024 [7][14] Strategic Developments - Diginex is enhancing its AI-powered platforms, including the launch of an AI-powered ISSB Disclosure Tool, aimed at helping organizations align with international sustainability standards [5][7] - The company evaluated numerous strategic growth and M&A initiatives to expand its sustainability, compliance, and risk intelligence ecosystem [7] Balance Sheet Highlights - As of September 30, 2025, Diginex's net assets were $10.9 million, with a significant increase in cash and cash equivalents to $1.85 million from $3.11 million at the beginning of the period [10][15] - The company has maintained a debt-free status, preserving financial flexibility for future growth initiatives [10]
SEALSQ Strengthens Strategic Position in RegTech; Following the Recent 28.3% Equity Stake Acquisition, Wecan's Founder Vincent Pignon Resumes CEO Role
Globenewswire· 2025-10-29 12:45
Core Insights - SEALSQ Corp has acquired a 28.3% equity stake in Wecan, a Swiss company specializing in digital compliance platforms for regulated institutions, marking a significant strategic move for both companies [1][5] - Vincent Pignon has resumed his role as CEO of Wecan to drive innovation and growth following the acquisition [1][2] - The partnership aims to integrate SEALSQ's cybersecurity and post-quantum technologies with Wecan's compliance platform, enhancing the digital infrastructure for the financial sector [5][6] Company Overview - SEALSQ is a leader in cybersecurity, semiconductor technology, and post-quantum security solutions, focusing on developing quantum-resistant cryptography and semiconductors [10][11] - Wecan, founded in 2015, has established itself as a prominent RegTech provider, serving over 100 financial institutions, including major Swiss banks [4][9] Industry Context - RegTech utilizes advanced technologies like AI, blockchain, and data analytics to streamline compliance processes, transforming compliance from a burden into a strategic advantage [3] - The collaboration between SEALSQ and Wecan aims to create a secure, scalable compliance infrastructure, addressing the growing need for efficient regulatory solutions in the financial sector [5][8] Strategic Roadmap - Near-term plans include launching an AI-driven interface for KYC updates and CRM integrations [8] - By 2026, the integration of SEALSQ's post-quantum encryption technology and a digital identity module is expected [8] - The introduction of real-time blockchain-based compliance and predictive AI tools is planned for 2027-2028 [8]
Diginex Launches diginexGHG: AI-Powered Platform Revolutionizing Carbon Accounting Amid Surging Global Regulations and Market Growth
Globenewswire· 2025-10-14 11:30
Core Insights - Diginex Limited is launching an AI-automated Corporate Carbon Footprint solution named diginexGHG, certified according to the Greenhouse Gas Protocol, to help organizations manage their greenhouse gas emissions efficiently [1][5] - The global carbon accounting software market is projected to grow from $18.56 billion in 2024 to $51.64 billion in 2029, reflecting a compound annual growth rate (CAGR) of 22.9%, driven by the need for scalable tools to measure and reduce emissions [2] - New regulations, such as California's Climate Corporate Data Accountability Act and Climate-Related Financial Risk Act, are imposing stringent reporting requirements on companies based on their annual revenues, compelling them to adopt robust carbon accounting solutions [2][4] Company Overview - Diginex Limited is a sustainable RegTech company that utilizes blockchain, AI, and machine learning to enhance transparency in corporate regulatory reporting and sustainable finance [6] - The diginexGHG platform integrates with existing business systems to automate carbon management and reporting compliance, allowing companies to focus on strategic sustainability goals [5] - Diginex's products support various global frameworks, including GRI, SASB, and TCFD, providing end-to-end support for sustainability data collection and reporting [7][8] Market Trends - There is a growing global trend towards implementing disclosure requirements for businesses aligned with International Financial Reporting Standards (IFRS) and related climate disclosure frameworks [3] - Countries like the UK, Australia, Canada, Singapore, Japan, and China are actively rolling out these requirements, which will further drive demand for carbon accounting solutions [3] - The alignment of ISO standards with GHG Protocol methodologies aims to enhance consistency and credibility in corporate climate reporting, increasing the urgency for businesses to comply [4]
Diginex Announces Completion of Acquisition of Matter DK ApS, Strengthening Diginex's AI-driven ESG Data and Analytics Leadership
Globenewswire· 2025-10-03 20:05
Core Insights - Diginex Limited has completed the acquisition of Matter DK ApS, enhancing its capabilities in ESG data and analytics [1][3][4] - The acquisition is valued at $13 million, paid through the issuance of Diginex shares, with adjustments made due to a prior bonus share issuance [2] - The combined offerings will support financial institutions and corporations in sustainable investment decisions by streamlining data collection and enhancing reporting accuracy [3][4] Company Overview - Diginex is a leading provider of Sustainability RegTech, utilizing blockchain, AI, and machine learning to improve corporate regulatory reporting and sustainable finance [6] - The diginexESG platform supports over 19 global standards, including GRI, SASB, and TCFD, providing comprehensive ESG solutions [7] Acquisition Details - The acquisition was formalized through a definitive agreement and an addendum, with 1,241,496 shares issued as consideration, adjusted to $10.47 per share [2] - Matter's management team will continue to operate the business, ensuring continuity and innovation post-acquisition [4] Strategic Implications - The acquisition positions Diginex to lead in transparent, data-driven sustainability, combining Matter's expertise with Diginex's technology [4] - Nasdaq remains a stakeholder in the new business structure, indicating ongoing strategic partnerships [4]