Diginex Shares Under Pressure Amid Aggressive Funding Strategy

Diginex is navigating a period of significant market turbulence. Investor sentiment has turned sharply negative, driven by concerns over how the company is financing its ambitious strategic pivot.

The core of the issue lies in Diginex’s radical transformation from a crypto services provider to a sustainability software (ESG) specialist. To accelerate this shift, the company executed a double acquisition in early January, purchasing both AI specialist Plan A and “The Remedy Project.” It is the method of payment for these deals that has unsettled shareholders.

Rather than using cash reserves, Diginex is issuing new shares to fund the purchases. The acquisition of Plan A alone will require the Read more...