Latest news with #RegTech
Malay Mail
7 hours ago
- Business
- Malay Mail
Diginex Signs MOU to Acquire Resulticks for US$2bn, transforming AI and Data Management Capabilities
$1.4 billion in Diginex ordinary shares valued at $72 per share and subject to a 12-18 month lock-up, which shares will be issued at closing of the transaction; $100 million in cash that is payable within 90 business days of the closing of the transaction; and an earnout of up to $500 million payable in Diginex ordinary shares valued at $72 per share and paid in 3 independent tranches subject to Resulticks attaining at least 75% of the below audited EBITDA threshold figures: Earnout Amount Accounting Period EBITDA Threshold* a. $166,666,666 FY2026 $100,000,000 b. $166,666,667 FY2027 $200,000,000 c. $166,666,667 FY2028 $325,000,000 LONDON, UNITED KINGDOM - Media OutReach Newswire - 5 June 2025 -, a leading provider of Sustainability RegTech solutions, today announced the signing of a Memorandum of Understanding ("MOU") for a cash and share acquisition of Resulticks, a globally recognized leader in real-time, AI-driven customer engagement and data management solutions. This strategic move will significantly enhance Diginex's capabilities in advanced data management and artificial intelligence, further solidifying its position as a pioneer in data-driven client MOU values Resulticks at $2 billion which will be paid for in three tranches:* Resulticks shall receive a pro rated portion of the Earnout Amount provided Resulticks achieves between 75% and 100% of the EBITDA headquartered in Singapore with operations across the United States, India, Singapore, and the Middle East, is renowned for its omnichannel client engagement automation platform. The platform leverages AI and big data analytics to deliver personalized customer experiences, enabling businesses to orchestrate seamless engagement across digital and physical touchpoints. By integrating Resulticks' cutting-edge technology, Diginex will enhance its ability to provide comprehensive data-driven sustainability solutions, thereby empowering organizations to meet evolving regulatory requirements and stakeholder expectations with greater precision and Resulticks platform is expected to enable Diginex to deliver hyper-personalized insights to stakeholders in real time, while also expanding into new verticals where advanced data orchestration and enrichment can unlock value across compliance, supply chain intelligence, and risk analytics solutions. As the application layer of tech becomes increasingly commoditized, data and AI are emerging as the true engines of differentiation, those who own, enrich, and activate data at speed will define the next generation of market leaders. This is where Diginex wishes to position itself with Resulticks and future acquisitions."We are thrilled to announce this business combination with Resulticks, a company that shares our values and commitment to harnessing advanced technology for transformative impact," said. "This acquisition will strengthen our balance sheet and profitability, as well as significantly deepening our expertise in AI and data management, enabling us to deliver unparalleled insights and solutions to our clients. By combining Resulticks' real-time data capabilities with our blockchain and machine learning-driven sustainability platforms, we are poised to redefine how organizations navigate sustainability and compliance challenges.""This partnership represents a fusion of two purpose-driven platforms," said. "Through Genie, our agentic framework, we're helping Diginex unlock real-time ESG intelligence and optimize engagement at every stage of the customer lifecycle. At the same time, we're bringing their sustainability solutions to our global customer base. Together, we're unlocking activation, attribution, and ROI visibility — helping brands operate smarter and sustain long-term growth in a data-driven world.""AI doesn't just optimize ESG. It transforms it into a customer engagement engine," said. "ESG is no longer just about compliance; it's a competitive lever to deepen customer relationships. By turning ESG data into actionable insights, brands can deliver hyper-personalized engagement — like carbon footprint transparency for eco-conscious buyers — while real-time analytics build trust through verifiable sustainability claims. Leaders who integrate these tools first will define the next era of brand loyalty. This isn't just reporting, it's revenue."This acquisition builds on Diginex's recent momentum into AI and data management, including its memorandum of understanding to acquire Matter DK ApS, previously announced on May 27, 2025, which we expect will expanded Diginex's sustainability data and analytics offerings for the investment industry. It is believed that together, these strategic moves position Diginex as a global leader in delivering innovative, data-driven solutions for client and sustainability #Diginex The issuer is solely responsible for the content of this announcement. 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 17 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: 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 Singapore, with additional offices in Seattle, New York City India, and Dubai. For more information, please visit the Resulticks website:
Time of India
22-05-2025
- Business
- Time of India
Go Fintech eyes Australian expansion as global push for inclusive AI-driven finance accelerates
Advertorial Go Fintech, a global financial technology firm, is set to expand into the Australian market, spearheaded by Executive Director Sadaf Roksana. The company plans to invest in early-stage fintech startups, focusing on AI-powered services and RegTech solutions. Go Fintech also aims to collaborate with financial institutions and regulatory bodies to implement AI-driven systems, enhancing financial inclusion for underserved communities. Tired of too many ads? Remove Ads AI-powered financial services and automation tools RegTech solutions for compliance, risk, and fraud prevention Digital lending and alternative credit platforms Micro-banking infrastructure designed for financial inclusion Tired of too many ads? Remove Ads Real-time credit scoring engines based on behavioural and transactional data Fully automated KYC/AML and anti-fraud infrastructure Digital lending systems tailored for small and medium enterprises (SMEs) and micro-entrepreneurs Customer engagement tools powered by behavioural AI and machine learning Tired of too many ads? Remove Ads Go Fintech, a fast-growing global financial technology firm with a strong presence across South Asia and the Middle East, is preparing to expand into the Australian market as part of a broader strategy to integrate artificial intelligence (AI) and inclusive financial infrastructure across advanced Director Sadaf Roksana , a recognised leader in financial inclusion and digital banking transformation, is spearheading the initiative. The company's Australian play combines venture investment, regulatory engagement, and direct collaboration with financial institutions to modernise core systems and broaden access to credit and its venture capital arm, Go Fintech plans to deploy targeted investments into early-stage and growth fintech startups in Australia, with a focus on technologies that bridge traditional finance and frontier innovation.'Australia presents a unique mix of regulatory maturity and unmet demand for applied fintech innovation,' Roksana said in an interview. 'We're not just bringing capital—we're bringing a tested blueprint for scaling financial access responsibly and efficiently.'Beyond venture activity, Go Fintech intends to partner with domestic banks, credit unions, and regulatory bodies—including Australian Securities and Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA)—to pilot and implement AI-driven systems aimed at reducing operational friction and increasing credit penetration among underserved products have already been deployed across markets such as Bangladesh, the UAE, and Singapore, where they have helped increase financial inclusion and operational efficiency across both private and public company will roll out initiatives aimed at women, first-generation migrants, Indigenous communities, and regional populations—segments often left behind by traditional banking confirmed that the firm is actively seeking partnerships with community organisations and NGOs to embed educational outreach and digital onboarding across Australia's underserved regions.'We've seen these models succeed in Dhaka, Dubai, and Amman,' she said. 'With local adaptation, there's no reason we can't replicate and exceed those results here.'Founded in the early 2010s, Go Fintech has scaled across multiple jurisdictions with a focus on digital payments, alternative lending, and AI-driven compliance systems. Under Roksana's leadership, the firm has onboarded millions of users and established collaborations with central banks and financial regulators in emerging note that Australia's fintech ecosystem, while highly regulated and competitive, is increasingly open to global entrants offering differentiated value—particularly in AI and RegTech. According to FinTech Australia, venture capital investment in the sector surpassed AUD 2.5 billion in 2024, with AI applications leading growth.'Australia is entering a new phase of fintech maturity,' Roksana said. 'We see strong alignment between our capabilities and what the market needs next: intelligent systems, inclusive design, and regulatory-ready infrastructure.'Go Fintech's Australian launch is expected to include a formal partnership network announcement and initial capital deployment by Q4 2025.
Entrepreneur
22-05-2025
- Business
- Entrepreneur
B2B SaaS Firm Data Sutram Raises USD 9 Mn Series A from B Capital and Lightspeed
The Mumbai-based startup will use the funds to expand its AI-driven fraud detection platform across new sectors and enter international markets in the Middle East and Southeast Asia. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Mumbai-based B2B SaaS startup Data Sutram has raised USD 9 million in a Series A funding round co-led by B Capital and Lightspeed. The funds will be deployed to expand the company's fraud detection and risk intelligence platform into sectors such as cryptocurrency, real-time payments, gaming, e-commerce, and insurance, while also strengthening AI capabilities and enabling international expansion into the Middle East and Southeast Asia. The round marks a significant milestone in Data Sutram's growth journey. The company had previously raised USD 3 million in September 2023, led by Singularity Growth Fund, and USD 2.07 million in February 2022 from Varanium Capital and Yatra Angel Network. Founded in 2018 by Rajit Bhattacharya, Ankit Das, and Aisik Paul, Data Sutram offers a RegTech-focused AI platform that helps financial institutions combat fraud, improve customer onboarding, and reduce risk across the lifecycle of lending, payments, and insurance. Its proprietary Trust Score analyses millions of digital footprints to detect synthetic identities, identity theft, and collusion, offering a 360-degree customer risk profile. The platform has already processed over 110 million individual identities, aiding leading banks, NBFCs, and fintechs in India in reducing NPAs and improving approval rates. "With this investment, we're entering the next phase of our mission to build a financial ecosystem based on trust," said Rajit Bhattacharya, Co-founder and CEO of Data Sutram. "Our goal is to ensure every transaction is secure. We believe our Trust Score will eventually underwrite every transaction. This funding enables us to enhance our product, expand globally, and serve more businesses seeking AI-driven risk intelligence." Karan Mohla, General Partner at B Capital, commented, "We view Data Sutram as a category-defining RegTech leader in India. Their ability to combine real-time analytics with external intelligence is reshaping fraud prevention and compliance." Hemant Mohapatra, Partner at Lightspeed, added, "In a digitised financial landscape, the need for intelligent, scalable fraud prevention is critical. Data Sutram's sector adaptability and compliance-first approach make them a strong partner for global financial services." With a growing demand for secure and intelligent fraud mitigation tools, Data Sutram is poised to redefine how institutions safeguard trust in digital transactions—both in India and beyond.
Zawya
13-05-2025
- Business
- Zawya
RegTech Africa Conference & Awards 2025: Pioneering Africa's Economic Transformation through Innovation and Collaboration
In just under two weeks, the global spotlight will turn to Lagos, Nigeria, as the RegTech Africa Conference&Awards 2025 ( convenes at the prestigious Oriental Hotel on May 22–23. Under the theme 'Unlocking Africa's Cross-Border Payments, Trade, and Investment Opportunities through Public-Private Partnerships,' this landmark event is set to catalyze transformative dialogue and action across the continent. Organized by RegTech Africa, the conference will gather over 1,000 participants, including high-level policymakers, regulatory authorities, fintech innovators, investors, and thought leaders from across Africa and beyond. The aim is to forge strategic partnerships and develop actionable solutions that address the continent's most pressing economic challenges. With a stellar lineup of distinguished speakers, the event feature prominent figures, like Muhammad Sani Abdullahi, Deputy Governor, Economic Policy Directorate, Central Bank of Nigeria, ably represented by Musa Jimoh, Director of Payments System Policy at the Central Bank of Nigeria; Abdulrasheed Bawa, former Executive Chairman of the Economic and Financial Crimes Commission; Lorien Gamaroff, Co-founder&CEO of Centbee; Richy Emah, Regional BDD – North/West Africa, Sumsub; Edwin Woryonwon Harris Jr., Director General of GIABA; and Dr. Nurudeen Abubakar Zauro, Technical Adviser to the President on Economic and Financial Inclusion. Strategic Partnerships Driving Innovation The conference is bolstered by an impressive lineup of global and indigenous partners, including the Central Bank of Nigeria (CBN), Sumsub, EMTECH, Regfyl, Opay, SANEF, NDIC, and NCC, underscoring a collective commitment to advancing Africa's regulatory technology landscape. These partnerships underscore a shared commitment to advancing Africa's trade, payments, and investment ecosystem through innovative solutions and unified regulatory frameworks. Key Highlights: Dynamic Panel Discussions: Engage with experts on topics such as cross-border payment systems, regulatory harmonization, investment frameworks, and the role of RegTech in driving financial inclusion. Innovative Exhibitions: Experience cutting-edge RegTech solutions that are transforming compliance, payments, and trade ecosystems across Africa. Networking Opportunities: Connect with influential decision-makers, innovators, and investors to build meaningful partnerships. RegTech Africa Awards 2025: Celebrate excellence and innovation in regulatory technology and public-private partnership-driven initiatives across the continent. As Africa advances towards deeper economic integration through the African Continental Free Trade Area (AfCFTA), the conference aims to address persistent challenges such as fragmented payment systems, regulatory complexities, and limited investment flows. By fostering collaboration between the public and private sectors, the event seeks to unlock scalable solutions that bridge infrastructural, regulatory, and technological gaps. 'Collaboration between the public and private sectors is no longer optional—it's essential,' said Cyril Okoroigwe, Chair of the Organizing Committee. 'The Conference is a call to action for all stakeholders to come together, break down barriers, and unleash Africa's full potential through innovative solutions, unified regulatory frameworks, and transformative investments. This is a unique opportunity to be part of a defining moment in Africa's journey toward integration and prosperity.' Registration and Sponsorship Opportunities Limited seats are available. To register or explore sponsorship opportunities, please visit or contact us at info@ Zawya Distributed by APO Group on behalf of RegTech Africa. About RegTech Africa: RegTech Africa is a leading organization dedicated to fostering innovation in regulatory technologies across the continent. By creating platforms for dialogue, collaboration, and innovation, RegTech Africa drives initiatives that accelerate economic growth and financial inclusion in Africa.
Cision Canada
08-05-2025
- Business
- Cision Canada
CUBE OPENS NEW GLOBAL HQ AND AI CENTRE OF EXCELLENCE IN CITY OF LONDON
Headquarters includes AI Centre of Excellence – the RegBrain AI Lab – and commitment to create 200 new jobs Multi-million pound investment follows growth at the leading global RegTech, with revenue and employees doubling over the past year CUBE's customers will benefit from open access to the facilities including RegBrain AI Lab, RegTheatre and RegCinema LONDON, May 8, 2025 /CNW/ -- CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has officially opened its new global headquarters located at the iconic City of London building, Tower 42, and confirmed the impressive growth trajectory of the company over the last year - doubling of revenue, employees and the number of countries CUBE now operates in. The new cutting-edge AI Centre of Excellence, RegBrain AI Lab, signals the multi-million pound investment CUBE is making to advance the role of innovation and AI in regulatory intelligence, compliance and risk across the financial services sector and adjacent regulated industries. Alongside the unveiling of its new headquarters, CUBE has made a commitment to create 200 jobs over the next 12 months, half of which are expected to be based in the UK. The opening of CUBE's new headquarters follows a transformative year of strong growth, supported by its strategic partnership with Hg, a leading investor in European and Transatlantic software and services businesses. CUBE has increased its revenue by over 200% in the last year and now serves 1,000 customers globally, and has significantly grown its global team footprint – which now stands at 700 employees across 20 countries. In the year CUBE also completed two landmark US-based acquisitions acquiring three regulatory intelligence businesses. Commenting at the launch of CUBE's new global headquarters, CUBE's Founder & CEO Ben Richmond, said: "We chose an iconic City of London location for our new global headquarters as we believe it's the perfect place to continue CUBE's growth. London is unquestionably a world-class tech hub and a global leader for AI and innovation. We're proud to further build out our global operations and investment from the UK and aim to be a benchmark for building successful global tech businesses here. Our performance in the last year highlights the progress we have made so far." Since launching in 2011, CUBE has become a leading global regulatory technology company partnering with some of the largest financial institutions globally who leverage CUBE's platform to streamline their complex regulatory intelligence and change management processes. In addition, CUBE recently launched RegPlatform™ Intel, its latest purpose-built solution to help financial services firms in the mid-market remain compliant in today's ever-changing global regulatory landscape. Richmond continued:"We've experienced considerable growth over the past year and we wanted a global HQ that reflects the ambition and scale of our expanding team. We want to reimagine the future of work and how we collaborate with customers, which is why we created a space that fosters partnership and drives continuous technological innovation. Our new AI Centre of Excellence – RegBrain AI Lab – will be at the forefront of AI innovation. We will continue to deliver smart, agile solutions for our customers in response to the rapid pace of global regulatory change." CUBE's base of strategic and long-term customers will benefit from open access to the facilities in its new global headquarters, which not only includes the RegBrain AI Lab but also an innovative RegTheatre and RegCinema. These have been purposefully designed to drive collaboration with industry participants across the financial services sector to progress the role of innovation and AI in compliance and risk.
