Diginex Announces MOU for US$305m Acquisition of Findings, a leading cybersecurity and compliance automation company
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.
Diginex (NASDAQ: DGNX), fornitore di soluzioni RegTech per la sostenibilità, ha firmato un MOU non vincolante per acquisire Findings fino a $305 milioni. La struttura dell'accordo prevede $270 milioni in azioni DGNX e fino a $35 milioni in contanti, con $20 milioni subordinati a obiettivi di earn-out.
Findings, sostenuta da Magenta Venture Partners, è specializzata nel monitoraggio del rischio della supply chain e in soluzioni di automazione del vendor risk. L'acquisizione potenzierà le capacità tecnologiche di Diginex grazie al vendor risk management potenziato dall'IA di Findings, audit cloud in tempo reale e soluzioni di automazione della verifica via API.
L'operazione include un periodo di esclusiva di 45 giorni ed è subordinata a due diligence, approvazioni regolamentari e accordi definitivi. La componente azionaria sarà calcolata sul VWAP a 60 giorni di DGNX con periodi di lock-up compresi tra 9 e 18 mesi.
Diginex (NASDAQ: DGNX), proveedor de soluciones RegTech para la sostenibilidad, ha firmado un MOU no vinculante para adquirir Findings por hasta $305 millones. La estructura del acuerdo contempla $270 millones en acciones DGNX y hasta $35 millones en efectivo, con $20 millones condicionados a objetivos de earn-out.
Findings, respaldada por Magenta Venture Partners, se especializa en monitorización del riesgo en la cadena de suministro y en automatización del riesgo de proveedores. La adquisición reforzará las capacidades tecnológicas de Diginex mediante el VRM impulsado por IA de Findings, auditorías en la nube en tiempo real y soluciones de verificación automatizada vía API.
El acuerdo incluye un periodo de exclusividad de 45 días y está sujeto a la diligencia debida, aprobaciones regulatorias y acuerdos definitivos. La compensación en acciones se basará en el VWAP a 60 días de DGNX con periodos de lock-up que van de 9 a 18 meses.
Diginex (NASDAQ: DGNX)는 지속가능성(RegTech) 솔루션 제공업체로서 Findings를 최대 $305 million에 인수하기 위한 구속력 없는 양해각서(MOU)를 체결했습니다. 거래 구조는 DGNX 주식 $270 million과 최대 $35 million 현금으로 구성되며, 이중 $20 million은 성과 연동(earn-out) 목표에 따라 지급됩니다.
Findings는 Magenta Venture Partners의 지원을 받으며 공급망 리스크 모니터링과 벤더 리스크 자동화 솔루션을 전문으로 합니다. 이번 인수로 Findings의 AI 기반 벤더 리스크 관리(VRM), 실시간 클라우드 감사 및 API 기반 검증 자동화 솔루션을 통해 Diginex의 기술 역량이 강화될 것입니다.
본 거래에는 45일간의 배타적 협상 기간이 포함되며, 실사·규제 승인·최종 계약 체결을 조건으로 합니다. 주식 대가는 DGNX의 60일 VWAP를 기준으로 산정되며 9~18개월의 락업 기간이 적용됩니다.
Diginex (NASDAQ: DGNX), fournisseur de solutions RegTech pour la durabilité, a signé un protocole d'accord (MOU) non contraignant pour acquérir Findings pour un montant maximal de $305 millions. La structure de l'opération comprend $270 millions en actions DGNX et jusqu'à $35 millions en numéraire, dont $20 millions liés à des objectifs d'earn-out.
Findings, soutenue par Magenta Venture Partners, est spécialisée dans la surveillance des risques de la chaîne d'approvisionnement et l'automatisation du risque fournisseur. Cette acquisition renforcera les capacités technologiques de Diginex via le vendor risk management alimenté par l'IA de Findings, des audits cloud en temps réel et des solutions d'automatisation de vérification via API.
L'accord inclut une période d'exclusivité de 45 jours et reste soumis à une due diligence, aux autorisations réglementaires et aux accords définitifs. La contrepartie en actions sera calculée sur le VWAP 60 jours de DGNX avec des périodes de lock-up comprises entre 9 et 18 mois.
Diginex (NASDAQ: DGNX), ein Anbieter von RegTech-Lösungen für Nachhaltigkeit, hat ein unverbindliches Memorandum of Understanding zur Übernahme von Findings für bis zu $305 Millionen unterzeichnet. Die Struktur sieht $270 Millionen in DGNX-Aktien und bis zu $35 Millionen in bar vor, wobei $20 Millionen an Earn-out-Ziele gebunden sind.
Findings, unterstützt von Magenta Venture Partners, ist auf Supply-Chain-Risikomonitoring und die Automatisierung von Lieferantenrisiken spezialisiert. Die Übernahme wird Diginex' technologische Fähigkeiten durch Findings' KI-gestütztes Vendor Risk Management (VRM), Echtzeit-Cloud-Audits und API-basierte Verifizierungsautomatisierung erweitern.
Die Vereinbarung enthält eine 45-tägige Exklusivitätsfrist und steht unter dem Vorbehalt von Due Diligence, behördlichen Genehmigungen und abschließenden Verträgen. Die Aktieneinlage richtet sich nach dem 60-Tage-VWAP von DGNX mit Sperrfristen von 9 bis 18 Monaten.
- 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
- 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
Insights
Diginex's planned $305M acquisition of Findings marks strategic expansion into cybersecurity automation, enhancing its regulatory compliance capabilities.
Diginex's
The acquisition appears strategically complementary, combining Diginex's sustainability RegTech solutions with Findings' expertise in vendor risk management and cloud security. This integration would potentially create a more comprehensive compliance automation platform addressing both sustainability and cybersecurity regulatory requirements - two rapidly growing areas of corporate compliance.
The transaction remains subject to due diligence, regulatory approvals, and definitive agreements, with a 45-day exclusivity period indicating serious intent from both parties. The MOU structure suggests the deal is still in early stages with material execution risk remaining.
Findings' AI-powered solutions for vendor risk management and cloud security auditing would enhance Diginex's existing product suite (diginexESG, diginexLUMEN, diginexAPPRISE). This technology integration could create cross-selling opportunities across their combined client base and potentially accelerate Diginex's growth in regulated industries where compliance automation delivers substantial value.
The committed post-closing growth funding indicates confidence in Findings' growth trajectory and suggests Diginex plans to invest significantly in scaling the acquired business rather than merely consolidating operations for cost synergies.
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?
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When will the Diginex-Findings acquisition close?
