Diginex Limited will acquire PlanA.earth GmbH, a Europe-based AI-powered carbon accounting and decarbonisation company, in a deal that values the target at €55 million.
Under a definitive share purchase and transfer agreement, Diginex will pay €3 million in cash and issue 6,720,317 ordinary shares, valued at €52 million, in exchange for 100% of Plan A’s equity. Following completion, Visa and Deutsche Bank will become shareholders in Diginex.
The acquisition brings together Diginex’s ESG reporting capabilities, covering 19 global frameworks, with Plan A’s carbon accounting and decarbonisation technology. The combined group aims to offer an integrated sustainability platform linking regulatory reporting, value-chain emissions and decarbonisation strategy, with a particular focus on Scope 3 emissions and value-chain assessments.
Diginex said the enlarged platform would provide companies with an end-to-end solution for corporate audit, ESG reporting and decarbonisation, including supply-chain transparency, target-setting and performance tracking. The group also said it intends to position decarbonisation as a measurable driver of financial performance, supported by auditable data.
The deal comes amid rapid growth in demand for ESG and carbon accounting software, driven by tightening climate disclosure rules, net-zero commitments and increasing scrutiny of value-chain emissions. Industry estimates suggest the global ESG and sustainability software market could grow at a compound annual rate of 20–25% over the next five years, reaching $80–100 billion by 2030.
Diginex said the acquisition would strengthen its presence in Europe through Plan A’s regional footprint and enterprise customer base, while enabling Plan A to accelerate expansion in Asia and North America using Diginex’s global infrastructure as a listed company.
“This acquisition marks a transformative milestone in delivering an advanced, user-friendly sustainability platform,” said Miles Pelham, chairman of Diginex. “By combining our ESG tools with Plan A’s carbon expertise, we can help businesses navigate complex regulation and make measurable progress towards sustainability and financial goals.”
Lubomila Jordanova said the deal would address long-standing fragmentation in the sustainability software market. “By unifying high-precision decarbonisation technology with RegTech and regulatory expertise, we can deliver a single platform that turns fragmented data into measurable climate impact and clear financial returns,” she said.
Plan A was advised by Torch Partners and Morrison & Foerster, while Diginex was advised by McDermott Will & Schulte and Gibson Dunn.
