Peleza Kenyan identity management startup has announced a merger with US-based YC-backed company Prembly. Prembly is a provider of compliance and digital security solutions across emerging markets.
The two companies will now form Prembly Group, making the combined entity the most robust data infrastructure and compliance solutions company serving emerging markets.
Lanre Ogungbe, Founder and CEO of Prembly, and Marita Mutemi, joining the leadership team as CFO. This strategic alliance aims to create a robust global data infrastructure network, enhancing capabilities to deliver comprehensive, secure, and scalable digital solutions worldwide.
“The merger with Peleza deepens our industry knowledge and elevates our strengths and technologies, empowering us to exceed our clients’ expectations worldwide,” said Lanre Ogungbe, founder and CEO of Prembly.
Operating under a unified brand as Prembly Group, this strategic alliance will leverage synergies to enhance service delivery across multiple sectors, including finance, telecommunications, e-commerce, and more.
The two said in a statement that customers can expect enhanced capabilities in identity verification, background checks, risk management, and regulatory compliance solutions tailored to meet businesses’ evolving needs. The merger results in a combined workforce of approximately 100 employees.
“This is truly a once-in-a-lifetime transformational opportunity to combine two great companies with great cultures, histories, and a promising future. The strength in both our numbers as one unified team, with both enterprises coming together to serve global markets and creating a combined culture that supports our single global vision of driving excellence in data integrity and regulatory compliance quite excites us” said Marita Mutemi of Peleza.