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African digital security startups Prembly and Peleza announce strategic merger

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By Tom Jackson on July 4, 2024 East Africa, News, West Africa

Nigeria’s Prembly Group and Peleza, a prominent East African background checks and KYB company, have announced a merger that makes the combined entity the most robust data infrastructure and compliance solutions company serving emerging markets.

Founded in 2021, Prembly has quickly become a key player in the digital security and infrastructure space, serving enterprises and global companies by helping them expand into emerging markets and positioning the continent as the next hub for growth. 

Kenya’s Peleza, on the other hand, has developed AI-powered solutions that offer KYC, KYB, and background checks Solutions for Instant and seamless Identity verification, background checks, and business onboarding to the entire client lifecycle and user-based management.

The merger of the two companies, the partners said, made the new combined entity the most robust data infrastructure and compliance solutions company serving emerging markets.

“The merger with Peleza deepens our industry knowledge and elevates our strengths and technologies, empowering us to exceed our clients’ expectations worldwide. We are also very excited to have Marita, with over 15 years of experience, join our leadership team at the newly formed Prembly Group to drive innovation and enhance our strategic initiatives,” 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. Customers can expect enhanced capabilities in identity verification, background checks, risk management, and regulatory compliance solutions tailored to meet businesses’ evolving needs.

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Tom Jackson
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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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