November 15, 2024

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

Nigeria’s Identity Verification Company Prembly, Merges Kenyan Peleza to Become Prembly Group

Nigeria’s identity verification company, Prembly has merged with Peleza, an East African background checks and KYB company,  to form the Prembly group.

According to Prembly, the strategic alliance will leverage synergies to enhance service delivery across multiple sectors, including finance, telecommunications, e-commerce, and more.

By streamlining digital solutions for emerging companies and some governments in Africa, Prembly helps them navigate local markets and surmount adoption challenges. Peleza, on the other hand, will bring its experience in the East African region having partnered with companies like Uber, Bolt, and FedEx– guaranteeing opportunities for uninterrupted growth. 

Speaking on the Merger, Lanre Ogungbe, founder and CEO of Prembly said,

“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”.

Also speaking, Marita Mutemi of Peleza said, 

“This is 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”.

Founded in 2021, Prembly has emerged as 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.

Since its inception, the identity verification company has processed over 40 million verifications, projected to triple with its recent merger with Peleza.

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