Diginex Announces MOU for US$305m Acquisition of Findings, a leading cybersecurity and compliance automation company
Rhea-AI Summary
Diginex (NASDAQ: DGNX), a Sustainability RegTech solutions provider, has signed a non-binding MOU to acquire Findings for up to $305 million. The deal structure includes $270 million in DGNX shares and up to $35 million in cash, with $20 million tied to earn-out targets.
Findings, backed by Magenta Venture Partners, specializes in supply chain risk monitoring and vendor risk automation solutions. The acquisition will enhance Diginex's technological capabilities through Findings' AI-powered vendor risk management (VRM), real-time cloud audits, and API-based verification automation solutions.
The deal includes a 45-day exclusivity period and is subject to due diligence, regulatory approvals, and definitive agreements. Share consideration will be based on DGNX's 60-day VWAP with lock-up periods ranging from 9 to 18 months.
Positive
- Strategic acquisition valued at $305 million strengthens Diginex's cybersecurity and compliance automation capabilities
- Integration of Findings' AI-powered vendor risk management and cloud security solutions enhances Diginex's product portfolio
- Deal structure includes performance-based elements, aligning with value creation goals
- Additional growth funding commitment from Diginex to support Findings' expansion
Negative
- Significant share dilution with $270 million in stock consideration
- Non-binding MOU subject to due diligence and regulatory approvals
- $20 million of cash consideration dependent on meeting financial targets
- Extended lock-up periods may impact share price stability
News Market Reaction – DGNX
On the day this news was published, DGNX gained 10.77%, reflecting a significant positive market reaction. Argus tracked a peak move of +19.4% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $133M to the company's valuation, bringing the market cap to $1.37B at that time.
Data tracked by StockTitan Argus on the day of publication.
LONDON, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced the signing of a non-binding Memorandum of Understanding (MOU) to acquire
Utilizing AI and data analysis, Diginex leads change and increases transparency in corporate regulatory reporting and sustainable finance. The proposed transaction will integrate Findings’ expertise in AI vendor risk management (VRM), real-time cloud audits and monitoring, its innovative API-based verification automation and secure data sharing, further strengthening Diginex’s award-winning platforms like diginexESG, diginexLUMEN, and diginexAPPRISE.
Under the terms outlined in the MOU, Diginex will acquire Findings for a total consideration of up to US
The proposed transaction is subject to the satisfactory completion of due diligence, regulatory approvals, and the negotiation and execution of a definitive transaction documents. Diginex will also provide further growth funding to Findings post-closing, based on agreed performance metrics, to support its continued innovation and rapid global expansion.
“We are thrilled about the potential acquisition of Findings, which will bolster our supply chain and risk management offerings,” said Miles Pelham, Chairman of Diginex. “Findings’ cutting-edge solutions in vendor risk management and cloud security, led by founders Kobi Freedman and Jonatan Perry, perfectly complement our sustainability-focused technology stack and will accelerate value creation for our clients worldwide.”
“We are thrilled to join forces with Diginex, a leader in sustainable RegTech, to jointly enhance our automated solutions for supply chain risk and compliance management,” said Kobi Freedman, CEO of Findings. “This transaction will enable us to provide customers in various regulated sectors with cutting edge technology to support the ever growing regulatory and risk oversight requirements of their supply chain partners, leverage Diginex’s global platform and advanced technologies to accelerate growth, extend the mutual offerings with our supply chain cybersecurity automation solutions and deliver greater value to organizations navigating complex regulatory landscapes.”
Findings specializes in making risk-related strategic decisions with confidence through products like AI powered VRM for automated vendor risk management, CloudVRM® for real-time cloud and SaaS vendors cybersecurity audits, continuous monitoring, and Trust Exchange for verified and highly secured data sharing across regulated sectors. The proposed transaction will enable Findings to leverage Diginex’s global reach and resources to scale its impact in securing supply chains against evolving threats in the cloud and AI era.
The MOU includes a 45 day exclusivity period during which Findings will not engage with other potential acquirers, underscoring the commitment of both parties to finalize the transaction.
About Diginex
Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.
The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.
For more information, please visit the Company’s website:
About Findings
Findings, legally known as IDRRA Cyber Security Ltd, provides supply chain risk monitoring platform as a service. It offers solutions for highly secured supply chain cybersecurity and resiliency, automated cloud audits, continuous monitoring, remediation tracking and vendor breach disclosure for enterprises in different sizes as well as secure data sharing through its AI powered SaaS platform and category leading products, enabling organizations to make confident, risk-related strategic decisions and maintain compliance in the rapidly growing supply chain global regulatory ecosystem, such as CMMC, DORA, CII, NIS2 and others that aim to secure the emerging threats and attack vectors.
For more information, please visit the Company’s website:
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical facts are “forward-looking statements”.
These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in this press release include statements regarding the timing and completion (including the ability to meet the required closing conditions) of the contemplated transaction and the potential value to shareholders. Each of these forward-looking statements involves risks and uncertainties that could cause the Company’s future results or performance to differ materially from those expressed or implied by the forward-looking statements. Many factors may cause differences between current expectations and actual results. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect new information, subsequent occurring events or circumstances, changes in its expectations or otherwise, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable as of the date of this press release, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.
Investor Contact
Diginex
Investor Relations
Email: ir@diginex.com
IR Contact - Europe
Anna Höffken
Phone: +49.40.609186.0
Email: diginex@kirchhoff.de
IR Contact - US
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global
IR Contact - Asia
Shelly Cheng
Strategic Financial Relations Ltd.
Phone: +852 2864 4857
Email: sprg_diginex@sprg.com.hk
FAQ
What is the total value of Diginex's acquisition of Findings?
How will DGNX pay for the Findings acquisition?
What are the lock-up periods for Findings shareholders in the DGNX acquisition?
What products does Findings bring to Diginex's portfolio?
When will the Diginex-Findings acquisition close?
