Beyond Audits: Diginex's Play to Master Supply Chain Remediation

LONDON, UK – November 21, 2025 – In a move that signals a significant shift in the corporate responsibility landscape, London-based Diginex has announced its intent to acquire The Remedy Project, a specialist firm focused on human rights remediation. While tech acquisitions are commonplace, this one is different. It’s not about adding a flashy feature; it's a direct and strategic response to a regulatory tsunami forcing global corporations to move beyond simply identifying human rights abuses in their supply chains and start actively fixing them.

The proposed deal, detailed in a non-binding memorandum of understanding, aims to fuse Diginex's AI-powered Sustainability RegTech platform with The Remedy Project's deep expertise in what it calls “worker-centered remediation.” The combination seeks to create something the market is desperately beginning to demand: an end-to-end system for ethical business conduct. This move underscores a crucial evolution, from passive risk monitoring to active, technology-enabled problem-solving.

The New Regulatory Imperative

For decades, corporate social responsibility has often been criticized as a public relations exercise, with glossy reports masking opaque and exploitative supply chains. That era is rapidly coming to an end, driven by a wave of stringent legislation. The centerpiece of this new regulatory environment is the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD), which is set to fundamentally alter the calculus for thousands of large companies operating globally.

Beginning its phased rollout in 2027, the CSDDD mandates that in-scope companies not only identify and prevent adverse human rights and environmental impacts within their operations and supply chains but also provide or enable remedy when violations occur. This is a paradigm shift. The directive moves accountability from a voluntary commitment to a legal obligation, backed by severe penalties, including fines of up to 5% of a company's net worldwide turnover and the risk of civil liability. It effectively makes turning a blind eye to forced labor or environmental damage a direct and costly financial risk.

This regulatory pressure is precisely the market force Diginex is looking to harness. The demand is no longer for software that simply flags a potential issue in a Tier-3 supplier factory. Instead, corporations need a robust, auditable process for grievance intake, investigation, and, most importantly, delivering tangible remedies to affected workers, all while ensuring compliance with frameworks like the UN Guiding Principles on Business and Human Rights.

Fusing AI with Human-Centric Solutions

The strategic vision behind the acquisition is to create a seamless workflow from risk detection to resolution. Diginex brings its AI and machine learning prowess, capable of sifting through vast datasets to score risks and monitor supply chains in real-time. The Remedy Project brings the essential human element: proven methodologies for creating effective grievance mechanisms and remediation protocols that prioritize the victims of labor abuses.

“The Remedy Project has been at the forefront of closing the gap between detection and actual remediation in global supply chains,” said Miles Pelham, Chairman of Diginex, in the announcement. He emphasized that the integration would create “the industry’s most comprehensive end-to-end solution for responsible business conduct.”

The combined platform promises to offer clients automated risk scoring paired with pre-built corrective action plans, seamless escalation from a worker’s complaint to verified restitution, and a full audit trail for regulators. This is where technology meets impact. For instance, a grievance raised through a worker voice tool could automatically trigger a pre-defined remediation workflow, guiding the company through steps to ensure worker safety, provide compensation, and implement systemic changes to prevent recurrence—all documented on a transparent, potentially blockchain-verified, ledger.

Leading this charge within Diginex will be Archana Kotecha, the founder and CEO of The Remedy Project, who is set to join the executive team. Her expertise in forced labor remediation frameworks is seen as a critical asset. “Joining Diginex represents a transformative step forward in scaling worker-centered approaches to human rights due diligence and remediation globally,” Kotecha stated, highlighting a shared commitment to building more resilient and ethical supply chains.

A Broader Strategy: Building a RegTech Powerhouse

The Remedy Project deal is not an isolated event but a key piece in a much larger and more ambitious puzzle Diginex is assembling. The company is in the midst of an aggressive M&A campaign to consolidate the fragmented ESG and supply chain technology market. Updates provided alongside the Remedy announcement reveal a multi-pronged strategy to build a comprehensive RegTech empire.

Negotiations are still ongoing for the definitive agreement to acquire Resulticks, a customer engagement platform, in a deal valued at a potential $2 billion. Simultaneously, the company is finalizing the acquisition of Findings, a cybersecurity and vendor risk automation firm, for up to $305 million. These moves, combined with the recent definitive agreement to acquire Danish ESG data firm Matter DK ApS, paint a clear picture. Diginex is bolting on specialized capabilities—AI-driven marketing, cybersecurity, deep ESG data, and now human rights remediation—to create an all-encompassing platform for the modern, compliance-conscious enterprise.

This consolidation strategy is a high-stakes bet on a booming market. Independent research firm Verdantix projects the supply chain sustainability software segment alone will surge from $1.7 billion in 2023 to over $7 billion by 2029, a compound annual growth rate of 29%. By integrating these diverse technologies, Diginex aims to offer a single source of truth for companies navigating a dizzying array of risks, from data breaches and climate reporting to forced labor. The challenge, of course, will be in the execution—successfully integrating these disparate companies and technologies into a cohesive and user-friendly platform. The success of this ambitious consolidation will ultimately depend on how effectively these technological and human-centric components can be woven into a single, seamless solution for a demanding global clientele.