DECEMBER 9, 2022
Startups

Kenyan Identity Startup Peleza Merges with YC-Backed Prembly

Kenyan Identity Startup Peleza Merges with YC-Backed Prembly

Kenyan identity management startup Peleza has announced its merger with US-based YC-backed company Prembly. Prembly specializes in compliance and digital security solutions across emerging markets.

Formation of Prembly Group

The merger of Peleza and Prembly will form Prembly Group, creating the most robust data infrastructure and compliance solutions company serving emerging markets. Lanre Ogungbe, Founder and CEO of Prembly, will lead the new entity, with Marita Mutemi joining the leadership team as CFO. This strategic alliance aims to enhance global data infrastructure capabilities, delivering comprehensive, secure, and scalable digital solutions worldwide.

Enhanced Service Delivery Across Multiple Sectors

Operating under the unified brand of Prembly Group, the merger will leverage synergies to improve service delivery across finance, telecommunications, e-commerce, and more. Customers can expect enhanced capabilities in identity verification, background checks, risk management, and regulatory compliance solutions tailored to meet evolving business needs.

A Unified Team with a Global Vision

The merger results in a combined workforce of approximately 100 employees. Marita Mutemi of Peleza expressed excitement about the merger, highlighting the opportunity to combine two great companies with strong cultures and histories. “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 excites us,” Mutemi said.

Peleza’s Experience and Partnerships

Peleza brings nearly a decade of experience in the East African region and key partnerships with companies like Uber, Bolt, and FedEx to the newly formed Prembly Group. This merger deepens industry knowledge and elevates strengths and technologies, empowering the combined entity to exceed client expectations worldwide.

TechBoy

Editor

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