Diginex Acquires Carbon Accounting Platform Plan A for $64 Million

Sustainability RegTech company Diginex has signed a definitive agreement to acquire Germany-based carbon accounting platform Plan A for total consideration of €55 million (US$64 million), comprising €52 million in shares and €3 million in cash, creating a combined end-to-end ESG reporting and carbon management platform. The transaction will bring Visa and Deutsche Bank in as new Diginex shareholders.

Founded in 2017 by CEO Lubomila Jordanova, Plan A provides a SaaS platform covering corporate carbon accounting, decarbonisation planning and sustainability reporting, with clients including BMW, Deutsche Bank, Visa and Trivago. The platform is compliant with the Greenhouse Gas Protocol and Science Based Targets initiative. Diginex had signed a non-binding MOU for the acquisition in December 2025. The combined entity will offer automated data collection via flexible APIs, granular emissions dashboards, audit-ready reporting, supply chain risk assessment and AI-driven advisory services, addressing what Diginex describes as an unprecedented convergence of regulatory, investor and customer expectations around climate disclosure and decarbonisation.

The definitive agreement, valuing Plan A at an implied enterprise value reflected in the €55 million total consideration, marks the largest acquisition in Diginex's recent consolidation strategy, which also includes the acquisition of supply chain human rights advisory The Remedy Project, ESG data company Matter from Nasdaq and supply chain risk monitoring platform Findings. The combined Diginex platform targets a global ESG RegTech market driven by tightening CSRD, ISSB and Scope 3 transparency requirements, with cross-selling synergies expected to accelerate revenue from 2026 and an extended geographic footprint across Europe and Asia-Pacific.

Plan A CEO Lubomila Jordanova said the combination unifies Plan A's high-precision decarbonisation technology with Diginex's RegTech and regulatory expertise to deliver a single sophisticated platform that transforms fragmented sustainability data into measurable climate impact and clear financial ROI. Diginex Chairman Miles Pelham described the acquisition as a transformative milestone. The transaction is expected to support Diginex in deepening its European market presence while helping Plan A accelerate growth in Asia and North America. Completion remains subject to customary closing conditions.

Key figure — €55 million (US$64 million) acquisition price