Diginex Completes Acquisition of The Remedy Project

Diginex annonced the closing of its acquisition of The Remedy Project. As consideration for the acquisition Diginex issued the sole shareholder of The Remedy Project 1,000,000 shares of Diginex ordinary shares and committed to issue up to an additional 1,000,000 shares of Diginex ordinary shares, provided certain operating and earnout targets are met over the next three years. This strategic move combines Diginex's advanced supply chain technology with The Remedy Project's deep expertise in operational-level grievance mechanisms and worker rights, creating a comprehensive ecosystem for businesses to achieve resilient, ethical operations. The acquisition will align Diginex's innovative tools-such as diginexLUMEN for supply chain risk assessment and diginexAPPRISE for proactive worker engagement-with The Remedy Project's proven advisory services in human rights due diligence, capacity building, and data-driven insights. Together, these synergies will enable companies to not only identify and monitor human rights risks, but also to implement effective remediation strategies, enable compliance with evolving global regulations like the EU Corporate Sustainability Due Diligence Directive and enhance stakeholder trust.