Startups Peleza And Prembly Merge

Kenyan digital verification startup, Peleza, has merged with US-based digital security platform, Prembly, to start a new venture that will offer advanced solutions for businesses.

Formed in 2021, Prembly operates a security infrastructure and compliance software that helps digital businesses in emerging markets safely acquire, onboard customers, and perform seamless transactions across borders with trust & without restrictions.

Peleza, on the other hand, will bring its experience in the East African region having partnered with companies like Uber, Bolt, and FedEx.

The merger has resulted in the creation of the ‘Prembly Group’ that will result in more than 100 employees from both startups work together in different operational offices in Uganda, Kenya, the United States, and Nigeria.

“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.

Prembly has verified more than 40 million individuals in its system, a factor that Peleza leveraged on for the past one and a half years when facilitating its operations.

“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 Peleza’s founder, Marita Mutemi.

Mutemi will assume the role of CEO of Prembly Group hoping to drive the unified firm to new heights. The company intends to help companies in telecommunications, e-commerce, and finance sectors to highlight risks, comply with regulatory requirements, and strengthen identity management.