Diginex Charts a New Course with Leadership and Acquisition Strategy

Diginex KYG286871044

London-based ESG specialist Diginex has completed a significant leadership transition, marking a strategic pivot for the company. Lubomila Jordanova assumed the role of Chief Executive Officer on January 28, succeeding Mark Blick, who had previously guided the firm through its Nasdaq listing process. Jordanova is the founder of Plan A, a company Diginex acquired in January.

This executive change signals the culmination of an aggressive and rapid acquisition phase. Over a span of just three weeks, Diginex executed three strategic deals, fundamentally reshaping its business into an integrated platform focused on sustainability compliance.

The company's acquisition drive commenced on January 8 with The Remedy Project, a Hong Kong-based expert in human rights due diligence. The transaction involved an initial payment of one million Diginex shares, with potential additional earn-out payments of up to another million shares contingent on performance over the next three years.

The most substantial deal in the company's history followed just six days later with the formal closure of the Plan A acquisition. The Berlin-based firm was acquired for €3 million in cash plus approximately 6.7 million Diginex shares, valued at around €52 million. This transaction also introduced prominent new shareholders to Diginex, including Visa and Deutsche Bank.

A joint venture agreement for Brazil, established on January 23, provided a provisional endpoint to this flurry of activity. The venture, located in the critical agricultural region of Mato Grosso, is tasked with developing infrastructure for ESG and decarbonization initiatives.

Financial Performance Reflects Strategic Expansion

The financial impact of this growth strategy is evident in the half-year report for the period ending September 2025. Revenue surged by 293 percent to reach $2.0 million. However, the operating loss also expanded, widening from $4.2 million to $6.0 million over the same period.

On a positive note, the company's net asset value demonstrated strong growth, doubling within six months to $10.9 million. Diginex continues to operate without any debt.

Integrated Platform Attracts Major Clients

Under Jordanova's leadership prior to the acquisition, Plan A was built into a carbon accounting provider serving a client base of over 1,500 companies. The integrated Diginex platform now combines capabilities for ESG reporting across 19 different frameworks, AI-powered carbon accounting, and comprehensive decarbonization strategy development.

The unified entity counts major corporations such as HSBC, Coca-Cola, BMW, and Chloé among its clients. Its strategic focus is squarely on serving businesses that are required to comply with evolving EU sustainability regulations.