Diginex Signs Strategic Agreements with iNEED to Advance Sustainability Reporting for Rural Banks in Indonesia
Rhea-AI Summary
Diginex (NASDAQ: DGNX) has entered into strategic agreements with Indonesian tech innovator iNEED to provide ESG reporting capabilities to over 1,000 rural banks in Indonesia. The deal includes upfront fees of $1.7 million plus a revenue-sharing structure.
The partnership will implement Diginex's diginexESG platform, offering cloud-based ESG data management and reporting solutions aligned with ISSB standards and local regulations. This initiative comes amid strong ESG momentum in Southeast Asia, where 70-82% of regional investors are exploring ESG investments and 45% of ASEAN Corporate Boards plan to establish ESG committees in 2025.
The collaboration was facilitated by Resulticks, which Diginex plans to acquire through a previously announced MOU dated June 5, 2025.
Positive
- Secured upfront fees of $1.7 million plus revenue sharing agreement
- Strategic expansion into Indonesian market reaching over 1,000 rural banks
- Partnership aligns with growing ESG adoption trends in Southeast Asia
- Integration with established local partner provides strong market access
Negative
- Success depends on adoption rates by rural banks
- Implementation across diverse rural banking network may present challenges
News Market Reaction
On the day this news was published, DGNX declined 4.07%, reflecting a moderate negative market reaction. Argus tracked a peak move of +7.0% during that session. Argus tracked a trough of -5.3% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $123M from the company's valuation, bringing the market cap to $2.90B at that time.
Data tracked by StockTitan Argus on the day of publication.
LONDON and JAKARTA, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (NASDAQ: DGNX) (“Diginex”), a leading provider of Sustainability RegTech, today announced it has signed strategic agreements with PT. Inovasi Emran Ekadanta (“iNEED”), a prominent Indonesian technology innovator focused on sustainable digital transformation, to deliver comprehensive sustainability reporting capabilities to over 1,000 rural banks throughout Indonesia. This alliance builds on iNEED's established collaborations with associations in Indonesia such as DPP Perbarindo, the Dewan Pimpinan Pusat (DPP) of Perhimpunan Bank Perekonomian Rakyat Indonesia (Perbarindo). Pursuant to the strategic agreement, iNEED has agreed to pay Diginex upfront fees of approximately US
The initiative will leverage Diginex's award-winning diginexESG platform—a cloud-based solution that streamlines ESG data collection, analysis, and disclosure—to empower Indonesian financial institutions with tools for regulatory compliance, risk management, and transparent stakeholder reporting. By integrating diginexESG, the Indonesian rural banks will gain access to automated workflows, AI-driven insights, and standardized frameworks aligned with global standards such as the International Sustainability Standards Board (ISSB) and local Indonesian regulations.
This alliance comes at a pivotal moment for ESG adoption in Southeast Asia, where investor interest in sustainable opportunities has surged, with 70
"The signing of these agreements with iNEED marks a significant step in scaling sustainable finance across Indonesia's dynamic banking landscape," said Mark Blick, CEO of Diginex. "By partnering with an innovative local player like iNEED, who brings deep ties to rural banks in Indonesia, we are preparing to offer the rural banking association of Indonesia with the tools to not only meet compliance needs but also drive long-term value creation. We are grateful to Resulticks for introducing this relationship, which aligns perfectly with our mission to make ESG accessible and actionable."
Added Raden Joko, iNEED CEO, "Our partnership with the rural banking association of Indonesia has already positioned us as a key enabler of digital innovation in Indonesian banking. Teaming up with Diginex elevates this effort, providing our network with cutting-edge ESG technology that will support the sustainability goals of the association. Resulticks' facilitation was instrumental in bringing these worlds together."
This collaboration between Diginex and iNEED was the result of an introduction through Resulticks, a global real time customer engagement and experience solution provider, highlighting the power of strategic introductions in fostering cross-border sustainability partnerships. On June 5, 2025, Diginex announced the signing of a Memorandum of Understanding (“MOU”) for a cash and share acquisition of Resulticks.
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 PT. Inovasi Emran Ekadanta (iNEED)
PT. Inovasi Emran Ekadanta, operating as iNEED, is a dynamic Indonesian digital innovation firm specializing in IT consulting, software and hardware solutions, and creative digital marketing. Committed to helping businesses achieve objectives through tailored technology, iNEED fosters partnerships for innovative growth.
For more information, please visit the Company’s website: https://ineed.id/.
About Resulticks
Resulticks is a leading provider of AI-powered, omnichannel customer engagement and data management solutions. Its platform enables businesses to deliver personalized experiences through real-time data analytics and automation, serving clients across industries in North America, Asia, and the Middle East. Resulticks is headquartered in New York, with additional offices in India, Singapore, and Dubai.
For more information, please visit the Resulticks website: https://www.resulticks.com/resulticks-story.html
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 is the value of Diginex's agreement with iNEED in Indonesia?
How many Indonesian rural banks will Diginex's ESG platform serve?
What percentage of Southeast Asian investors are interested in ESG investments?
What is the main purpose of Diginex's diginexESG platform?
When did Diginex announce its planned acquisition of Resulticks?
