Diginex Limited, a leading provider of Sustainability RegTech solutions, announced the completion of its all-share acquisition of Matter DK ApS (“Matter”), a Copenhagen-based ESG data company specializing in sustainability insights for the investment sector. The acquisition, finalized on October 3, 2025, strengthens Diginex’s ESG data benchmarking, reporting, and AI-driven analytics capabilities, enabling clients to navigate complex global sustainability regulations and meet growing stakeholder expectations. Matter brings an advanced analytics platform for portfolio-level sustainability evaluation, flexible API integrations powering platforms like Nasdaq eVestment, and detailed ESG datasets aligned with Sustainable Development Goals (SDGs) and regulatory frameworks.
The acquisition, initially outlined in a Memorandum of Understanding on May 23, 2025, was formalized through a definitive agreement on August 18, 2025, with an addendum on August 29, 2025. Matter’s equity was valued at $13 million, with the purchase paid through 1,241,496 Diginex ordinary shares (“Consideration Shares”), initially valued at $83.77 per share but adjusted to $10.47 following Diginex’s bonus share issuance on September 8, 2025. At closing, 1,055,272 Consideration Shares were issued, with the remainder scheduled for issuance 12 months post-closing. The Consideration Shares carry an 18-month lock-up. In connection with the transaction, Diginex reserved 238,752 shares for Matter’s senior management (“Management Shares”), vesting in equal parts at 12 and 24 months, contingent on continued employment. Additionally, 62,074 ordinary shares were issued to an unrelated party as an introductory fee.
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This strategic acquisition positions Diginex to offer comprehensive ESG solutions by combining Matter’s robust data capabilities with the award-winning diginexESG platform, supporting over 19 global standards, including GRI, SASB, and TCFD. The integrated offering will help financial institutions, corporations, and governments streamline ESG data collection, improve reporting accuracy, and make data-driven sustainable investment decisions.
“We are delighted to officially welcome Matter to the Diginex family, marking a transformative milestone in our growth strategy,” said Miles Pelham, Chairman of Diginex. “By merging Matter’s pioneering ESG data expertise with our RegTech innovations in blockchain, AI, and machine learning, we are creating a powerhouse for sustainable finance. This acquisition, from majority owner Nasdaq, not only broadens our market reach but also accelerates our ability to help clients achieve meaningful environmental and social impact.”
“The completion of this acquisition is a pivotal moment for Matter and our team,” said Niels Fibæk, CEO of Matter. “Joining Diginex unlocks new opportunities to scale our analytics and API solutions globally, providing even deeper insights for sustainable investing. Together, we’re poised to lead the industry in transparent, data-driven sustainability.”
Matter’s founding management team will continue leading its operations, ensuring continuity and innovation. Nasdaq, a key strategic partner and Matter shareholder, remains a stakeholder under the new business structure.