Diginex Charts New Course with Major Acquisitions and Leadership Shift

Diginex Limited has initiated a significant strategic transformation in January 2026, marked by a dual acquisition strategy, a change in executive leadership, and a new international joint venture. The London-based ESG regulatory technology provider is pivoting to strengthen its position in the sustainability software market.

The company's latest financial results show rapid revenue growth alongside widening losses. For the first half of fiscal year 2026 (period ending September 30, 2025), Diginex reported a 293% surge in revenue, reaching USD 2.0 million. However, its operating loss expanded by 43% to USD 6.0 million. The firm's net asset position strengthened to USD 10.9 million, up from USD 4.6 million as of March 31, 2025. Notably, the company carries no interest-bearing debt. In October 2025, it bolstered its cash position by USD 13.8 million through the exercise of warrants.

This financial backdrop sets the stage for a series of decisive January actions aimed at reshaping the business.

Acquisition Brings New Capabilities and Shareholders

On January 14, 2026, Diginex finalized the acquisition of Plan A.earth, a Berlin-based specialist in AI-powered carbon accounting and decarbonization strategies, for a total consideration of approximately EUR 55 million. The deal structure included a EUR 3 million cash component and the issuance of 6.7 million new Diginex shares valued at roughly EUR 52 million.

This share-based payment has introduced prominent new investors to Diginex's register. Financial giants Visa and Deutsche Bank are now shareholders as a result of the transaction, underscoring the strategic weight of the acquisition. The integration of Plan A.earth's technology with Diginex's existing ESG reporting platform is expected to substantially broaden the combined product offering. The agreement also includes performance-based earn-out provisions: up to EUR 10 million for 2026 and a further EUR 15 million for 2027, contingent upon hitting specific revenue targets.

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Leadership Handover and European Focus

A direct consequence of the acquisition was a leadership transition. Lubomila Jordanova, founder and CEO of Plan A.earth, assumed the role of Chief Executive Officer at Diginex on January 28, 2026. She succeeds Mark Blick, who moved into an advisory capacity. This appointment highlights Diginex's intensified focus on the European market, where Jordanova's expertise with regional dynamics and regulatory frameworks like the EU's Corporate Sustainability Reporting Directive (CSRD) is considered a key asset.

Earlier in the month, on January 8, Diginex had also acquired The Remedy Project Limited, a Hong Kong-based firm specializing in human rights due diligence within supply chains.

International Expansion into Agri-ESG

Beyond Europe, Diginex is laying groundwork in South America. On January 23, the company signed a framework agreement to establish a joint venture with BGlobal and the Brazilian state of Mato Grosso. The partnership aims to develop a digital ESG infrastructure for the agricultural sector, with an initial pilot project focused on the beef industry—a segment of critical importance for emissions tracking and sustainability benchmarking.

Market Context and Forward Look

The company's strategic overhaul comes as the global ESG software market is projected to grow to between USD 80 and 100 billion by 2030. Demand for compliance solutions is being driven by increasingly stringent regulations worldwide, including the EU CSRD and standards from the International Sustainability Standards Board (ISSB).

For Diginex, the path forward hinges on successfully integrating its January acquisitions and realizing the anticipated synergies between its core ESG reporting services and the newly added carbon accounting capabilities. Upcoming quarterly reports will indicate whether the revenue momentum from these deals can offset rising costs and bring the structured earn-out targets within reach.