Latest news with #DiginexLimited
Yahoo
31-03-2025
- Business
- Yahoo
Diginex Limited and Forvis Mazars Announce Strategic Alliance to Enhance Supply Chain Risk Assessment with diginexLUMEN
LONDON, March 31, 2025 (GLOBE NEWSWIRE) -- Diginex Limited ('Diginex Limited' or the 'Company') (NASDAQ: DGNX), a leading impact technology company focused on solving pressing environmental, social, and governance (ESG) challenges, today announced a strategic alliance with Forvis Mazars ('Forvis Mazars'), a leading global professional services firm, to bring its innovative supply chain due diligence platform, diginexLUMEN, to Forvis Mazars' extensive client base. This collaboration aims to empower businesses to assess and manage supply chain risks related to climate and social issues, enhancing transparency and resilience in an increasingly complex global landscape. The alliance combines Diginex's cutting-edge technology with Forvis Mazars' deep expertise in ESG advisory, climate risk management, and business strategy, offering clients a powerful tool to navigate the evolving demands of sustainability and regulatory compliance. diginexLUMEN, a scalable and affordable Software-as-a-Service (SaaS) solution, provides unparalleled insight into supply chain risks by leveraging robust governance processes, multilingual worker voice surveys, and algorithm-based risk scoring. This enables companies to identify, prioritize, and address issues such as forced labor, climate impacts, and other social vulnerabilities across their global operations. 'We are excited to work with Forvis Mazars to introduce diginexLUMEN to their clients, helping businesses of all sizes tackle the critical challenges within their supply chains,' said Mark Blick, CEO of Diginex. 'This alliance underscores our mission to help enable easy access to advanced ESG tools, enabling organizations to drive meaningful change while meeting stakeholder expectations and regulatory requirements.' Forvis Mazars, known for its tailored solutions in ESG and climate risk management, sees this alliance as a key step in supporting clients to build sustainable and resilient business models. 'Our clients are increasingly focused on understanding and mitigating supply chain risks tied to climate change and social issues,' said William Hughes, Sustainability Director at Forvis Mazars. 'By integrating diginexLUMEN into our service offerings, we can provide actionable insights and innovative technology to help them achieve their sustainability goals and thrive in a rapidly changing world.' This strategic relationship comes at a pivotal time as global supply chains face heightened scrutiny from regulators, investors, and consumers demanding greater accountability on climate and social impacts. diginexLUMEN's proven track record—developed in collaboration with industry leaders like The Coca-Cola Company, Unilever and Reckitt—positions it as a transformative tool for companies seeking to move beyond traditional audit models toward continuous, data-driven risk management. Through this alliance, Forvis Mazars clients will gain access to diginexLUMEN's comprehensive features, including supplier performance monitoring, ESG reporting capabilities, and actionable improvement tracking, all designed to foster transparency and accountability. Together, Diginex and Forvis Mazars aim to set a new standard for supply chain due diligence, helping businesses align profitability with purpose. For more information about diginexLUMEN or to schedule a demo, visit For inquiries about Forvis Mazars' ESG and climate risk services, visit About Diginex LimitedDiginex Limited is a Cayman Islands exempted company, with subsidiaries located in Hong Kong, the United Kingdom and the United States of America. Diginex Limited commenced operations in 2020 and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. Diginex Limited is an impact technology business that helps organizations address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action. Diginex's products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. For more information, please visit the Company's website: About Forvis Mazars Forvis Mazars is the brand name for the Forvis Mazars Global network (Forvis Mazars Global Limited) and its two independent members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. Forvis Mazars Global Limited is a UK private company limited by guarantee and does not provide any services to clients. Forvis Mazars LLP is the UK firm of Forvis Mazars 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. For investor and media inquiries, please contact: DiginexInvestor Relations Email: ir@ IR Contact - EuropeAnna HöffkenPhone: +49.40.609186.0Email: diginex@ IR Contact - USJackson Lin Lambert by LLYC Phone: +1 (646) 717-4593 Email: IR Contact - AsiaShelly Cheng Strategic Public Relations Group +852 2864 4857 Email: sprg_diginex@ Forvis MazarsJosh Voulters Communications and Brand DirectorEmail : in to access your portfolio
Trade Arabia
18-03-2025
- Business
- Trade Arabia
Diginex signs MoUs for ADX dual listing and $250m capital injection
Diginex Limited, an impact technology company specialising in environmental, social, and governance (ESG) issues, has signed two memorandums of understanding (MoUs) to pursue a broad strategic partnership to facilitate Diginex's expansion in the UAE and the broader Gulf Cooperation Council GCC) region. The partnership with Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan via Nomas Global Investments, a solely owned SPV of Shaikh Mohammed, includes assisting the company with a dual listing of its ordinary shares on the Abu Dhabi Securities Exchange (ADX) and a planned capital raise of up to $250 million focused on large institutional investors based in the GCC. This strategic move is expected to bolster Diginex's growth trajectory, with the capital financing to fund multiple acquisitions and accelerate Diginex's regional as well as global expansion initiatives. The MoUs mark a significant milestone for Diginex as it seeks to tap into the vibrant Middle Eastern capital markets while enhancing its presence in one of the world's fastest-growing financial hubs. The dual listing on ADX, alongside its existing Nasdaq listing and recent cross listing on the Frankfurt Stock Exchange and Tradegate, will provide Diginex with access to a broader investor base and increased liquidity to support its ambitious growth plans, the company said. On February 25, 2025, ADX and Nasdaq announced further integration in their tie-up with one another. The integration of trading platform infrastructure opens up a pathway for desirable Nasdaq listed companies to dual-list in Abu Dhabi, and Diginex has been included in the first cohort of companies to go through such process. Upon completion of the listing process Diginex will be the first technology company listed on the ADX, and with a sustainability focus it stands to benefit from the region's commitment to sustainable finance, which stands at publicly committed funds for sustainable lending of more than $135 billion, it said. Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, said: "This strategic partnership and planned capital raise reflects our long-standing commitment to both technology and sustainability in the UAE. We must address sustainability challenges, develop strategic frameworks, and craft innovative solutions to ensure a prosperous future for all. Sustainability is a cornerstone of the nation's strategies, as the UAE continues its unwavering efforts to harness resources and capabilities to drive global sustainable economic and social development." The anticipated capital raise pursuant to the MoUs will fuel Diginex's acquisition strategy, targeting innovative firms in the AI, sustainability, and supply chain sectors by leveraging access to a new regional investor base and opportunities in the UAE, broader GCC region, and support Diginex's global growth goals. "We are honoured and excited to welcome a member of Royal Family of Abu Dhabi as a strategic partner," said Miles Pelham, Chairman of Diginex. "We believe this partnership will support Diginex in establishing key relationships with regional and global financial institutions, banks, and strategic partners aligned with their business objectives. Our objective is to make Diginex a leader in ESG sustainable RegTech, utilizing gold-standard industry partnerships, blockchain, and AI technology within the UAE and GCC region."
