Diginex signs MOU to Acquire The Remedy Project to Expand Advisory Division and Provides Updates On Other M&A Activities

Rhea-AI Summary

Diginex (NASDAQ: DGNX) executed a non-binding MOU to acquire The Remedy Project, a human-rights remediation specialist, aiming to integrate its remediation frameworks with Diginex’s AI platforms to deliver end-to-end supply-chain remediation. Archana Kotecha will join the Diginex executive team. The company said the acquisition is expected to close within 45 days. Diginex also provided M&A updates: the Resulticks MOU expired on Oct 31, 2025 while negotiations continue, and due diligence for Findings is ongoing with an anticipated close before year-end, though none are guaranteed.

Market context: Verdantix forecasts supply-chain sustainability software to exceed $7B by 2029 (29% CAGR from 2023).

Positive

• MOU to acquire Remedy with expected close within 45 days
• Founder joins executive team: Archana Kotecha to lead remedy innovation
• Verdantix forecast: $7B supply-chain sustainability software by 2029 (29% CAGR)

Negative

• Acquisition terms are non-binding MOU, closing not guaranteed
• Resulticks MOU expired Oct 31, 2025; definitive agreement still pending
• Findings acquisition anticipated before year-end but not assured

Insights

Sustainability M&A Analyst

Diginex executed a non-binding MOU to buy The Remedy Project and provided updates on two other potential acquisitions.

Diginex plans to integrate The Remedy Project’s remediation frameworks with its AI platforms to extend advisory services from detection to verified remedy. The combination targets operational grievance mechanisms, forced labor remediation and worker-centered remediation protocols, and the company states the acquisition is expected to close within 45 days.

The deal sits alongside two ongoing or pending transactions: the Resulticks MOU expired on October 31, 2025 with negotiations still open, and Findings remains in due diligence with an anticipated close before the end of the year. The announcement cites market data showing supply chain sustainability software rising from $1.7 billion in 2023 to over $7 billion by 2029 at a 29% CAGR, framing demand drivers in regulatory compliance and remediation capabilities.

The business mechanism is straightforward: add specialized remediation services and personnel to broaden advisory scope and product value. Key dependencies and risks are explicit: the MOU is non-binding, Resulticks remains unresolved, and Findings has not yet closed, so execution risk is material. Watch for the definitive purchase agreement and actual closing within the stated timeframes (45 days and end of the year), plus any disclosed financial terms or integration milestones that would confirm synergies and revenue impact.

LONDON, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a recognized provider of Sustainability RegTech solutions, today announced that it has executed a non-binding memorandum of understanding (the “MOU”) to acquire The Remedy Project Limited (“Remedy”), a pioneering organization specializing in data-driven human rights risk assessment and worker-centered remediation protocols for global supply chains.

The proposed acquisition combines Diginex’s AI-powered platforms with the Remedy’s proven expertise in operational-level grievance mechanisms, forced labor remediation frameworks, and access-to-remedy programs. This powerful combined solution will enable enterprises to move beyond risk identification to deliver effective, scalable, and victim-centered remedies in situations where labor rights violations occur.

“The Remedy Project has been at the forefront of closing the gap between detection and actual remediation in global supply chains,” said Miles Pelham, Chairman of Diginex. “By incorporating their team and methodologies into the Diginex Group, we will create the industry’s most comprehensive end-to-end solution for responsible business conduct – from real-time risk monitoring and worker voice collection to transparent, enforceable remediation that puts affected workers first. Archana Kotecha’s drive and work in this space has been both fundamental and inspirational, and under her leadership we plan to dramatically expand our advisory offerings.”

Archana Kotecha, Founder and CEO of the Remedy Project, added: “Joining Diginex represents a transformative step forward in scaling worker-centered approaches to human rights due diligence and remediation globally. Our shared commitment to technology-enabled transparency and human rights due diligence will help companies not only comply with emerging regulations but also build more resilient and ethical supply chains.”

The planned acquisition comes at a pivotal moment for the transparency and remediation sector. New mandatory human rights and environmental due diligence laws– such as Corporate Sustainability Due Diligence Directive (CSDDD or CS3D) – explicitly require companies to establish effective grievance mechanisms and provide or enable remedy when adverse impacts occur.

According to industry analysts, the global market for supply chain sustainability and due diligence software is experiencing explosive growth, with Verdantix forecasting the supply chain sustainability software segment alone to exceed $7 billion by 2029 (up from $1.7 billion in 2023) at a 29% CAGR, driven largely by regulatory pressure and demand for robust remediation capabilities. Broader estimates place the supply chain risk management and ESG compliance technology market on a path toward tens of billions of dollars as enterprises race to map multi-tier supply chains and operationalize remediation.

With the Remedy Project’s remediation frameworks integrated into Diginex’s platform suite of products, we believe clients will gain:

• Automated risk scoring paired with pre-built, worker-centered corrective action plans
• Seamless escalation from grievance intake to verified remedy delivery
• Full audit trails and reporting aligned with UN Guiding Principles, OECD Guidelines, and emerging forced labor regulations
• Enhanced worker voice tools that prioritize survivor safety and restitution

Archana Kotecha will join the Diginex Executive Team and focus on remedy innovation and global relationships with corporations and governments worldwide. The acquisition is expected to close within the next 45 days.

Resulticks Update

Diginex’s memorandum of understanding to acquire Resulticks Global Companies Pte Limited (“Resulticks”) expired on October 31, 2025. Due diligence has been completed, and while the definitive transaction agreement is almost in final form, the parties are still negotiating some of the final terms to the definitive transaction agreement. The Company will continue to negotiate in good faith with Resulticks to close the final points, but there can be no assurance that the parties will ultimately execute the definitive transaction agreement or close the proposed transaction.

Findings Update

Diginex reports that the due diligence and drafting on definitive agreements with Findings are on-going. Diginex anticipates that acquisition of Findings should close before the end of the year. However, there can be no assurance that the parties will ultimately execute the definitive transaction agreement or close the proposed 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: https://www.diginex.com/.

About The Remedy Project

Founded in 2021, The Remedy Project is a social enterprise dedicated to driving system-level change that safeguards worker rights and ensures access to effective remedy across global supply chains, with particular expertise in forced labor, migrant worker protections, and operational-level grievance mechanisms.

For more information, please visit the Company’s website: https://www.remedyproject.co/

Forward-Looking Statements
Certain statements in this announcement 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. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, 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.

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

FAQ

What did Diginex (DGNX) announce on November 21, 2025 about The Remedy Project?

Diginex announced a non-binding MOU to acquire The Remedy Project and expects the transaction to close within 45 days.

Will Archana Kotecha join Diginex after the Remedy Project acquisition (DGNX)?

Yes. Archana Kotecha is expected to join the Diginex executive team to focus on remedy innovation and global relationships.

How does the Remedy Project acquisition affect Diginex’s product offering (DGNX)?

Diginex says Remedy frameworks will add worker-centered remediation, automated risk-to-remedy workflows, and audit trails aligned with UN/OECD guidance.

What is the timeline and certainty for the Diginex (DGNX) M&A pipeline updates?

Remedy expected to close within 45 days; Resulticks negotiations continue after MOU expiry on Oct 31, 2025; Findings is anticipated before year-end, but none are guaranteed.

What market size supports Diginex’s remediation strategy for supply-chain software (DGNX)?

Industry research cited forecasts the supply-chain sustainability software segment to exceed $7B by 2029 (29% CAGR from 2023).