• $13 million all-share deal strengthens Diginex’s ESG data and analytics portfolio across global markets.
• Matter’s AI-powered sustainability datasets and APIs deepen integration with platforms including Nasdaq eVestment.
• Acquisition enhances Diginex’s ability to support clients navigating global disclosure standards from GRI to TCFD.

Diginex Expands Its ESG Intelligence Platform with Matter Integration

Diginex Limited, a sustainability RegTech company known for its AI-enabled ESG reporting solutions, has completed its acquisition of Denmark-based Matter DK ApS, an ESG data analytics firm specializing in sustainability insights for institutional investors. The all-share transaction, valued at $13 million, positions Diginex to deliver more sophisticated, data-driven solutions to clients facing complex global reporting mandates and investor scrutiny

Matter, headquartered in Copenhagen, provides granular sustainability data, portfolio-level analytics, and flexible API integrations used by major financial platforms such as Nasdaq eVestment. Its datasets align with global regulatory frameworks and the UN Sustainable Development Goals, offering investors traceable transparency into corporate ESG performance.

Deal Structure and Strategic Intent

The acquisition, first outlined in a May 2025 memorandum of understanding and finalized in August, closed on October 3. Diginex paid the purchase price through the issuance of 1.24 million ordinary shares, originally valued at $83.77 per share but later adjusted to $10.47 after a bonus share issuance in September.

Of these, 1.05 million shares were transferred upon closing, with the remainder to be issued 12 months later. The shares are subject to an 18-month lock-up. Diginex also granted 238,752 management shares to Matter’s senior leadership team, vesting equally after 12 and 24 months, contingent on continued employment. An additional 62,074 shares were issued to an unrelated party as an introductory fee.

For Diginex, the acquisition is a strategic step toward integrating high-quality, auditable ESG data into its broader technology suite. By merging Matter’s analytics capabilities with its own diginexESG platform—which already supports 19 global reporting standards including GRI, SASB, and TCFD—the company aims to streamline data management for financial institutions, corporations, and public entities under tightening disclosure regimes.

Combining AI, Blockchain, and Data Transparency

Diginex’s Chairman Miles Pelham described the transaction as a “transformative step” in advancing the company’s AI-driven ESG infrastructure.

“By merging Matter’s pioneering data expertise with our RegTech innovations in blockchain, AI, and machine learning, we are creating a powerhouse for sustainable finance,” Pelham said. “The acquisition, from majority owner Nasdaq, expands our reach and strengthens our capacity to help clients translate data into measurable impact.”

Matter CEO Niels Fibæk added that the partnership would allow his team to scale globally: “Joining Diginex unlocks new opportunities to expand our analytics and API solutions, delivering deeper sustainability insights to investors worldwide.”

The integration is expected to deliver more robust tools for clients seeking to quantify ESG performance and align with mandatory frameworks such as the EU Corporate Sustainability Reporting Directive (CSRD) and ISSB standards. The combined datasets will also support AI-based benchmarking and predictive analytics, increasingly critical for institutional investors assessing climate and social risk exposure.

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Implications for Global ESG and Regulatory Markets

The deal reflects a broader acceleration in the convergence of ESG data, fintech, and regulatory technology. As sustainability reporting becomes both mandatory and standardized across jurisdictions, technology providers capable of ensuring auditability and data integrity are gaining strategic significance.

For investors, the combination of Diginex’s RegTech tools and Matter’s data infrastructure promises enhanced transparency in fund and portfolio-level analysis—a capability increasingly demanded under EU and U.S. regulatory frameworks. It also positions Diginex as a competitive player against larger ESG data providers such as MSCI and Morningstar Sustainalytics.

Nasdaq, previously Matter’s majority owner, remains a strategic partner in the new structure—maintaining its foothold in the growing ESG data segment while extending collaboration with Diginex’s global client base. Matter’s founding management will continue to operate from Copenhagen to ensure product continuity and further development of API-based data solutions.

A New Phase for ESG Analytics

The acquisition comes amid rising investor and regulatory pressure for reliable, standardized sustainability data. As AI and machine learning become central to ESG risk analysis, companies like Diginex are positioning themselves at the intersection of technology, compliance, and finance.

For C-suite leaders, the move reinforces an industry shift toward integrated ESG governance systems that combine regulatory compliance with data-driven strategy. By bringing Matter’s Danish-engineered transparency tools into its AI ecosystem, Diginex is setting a template for how sustainability RegTech can scale beyond reporting—and into the realm of actionable insight.

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