U.S.-based Prembly, a provider of digital security and compliance solutions for emerging markets, and Peleza, an East African background check company, announced their merger today to form Prembly Group, in a move to become the strongest data security and compliance solutions provider.
Founded in 2021, Prembly has become a major player in digital security. They’ve helped businesses expand into emerging markets by developing solutions tailored to local contexts.
Prembly has partnered with African governments to facilitate digital security transformation and lead compliance solutions in the region.
“Merging with Peleza strengthens our expertise and technology, allowing us to surpass client expectations globally,” said Lanre Ogungbe, Prembly’s founder and Chief Executive Officer (CEO). “We’re thrilled to welcome Marita Mutemi, with over 15 years of experience, to our leadership team at Prembly Group. Her expertise will drive innovation and strategic initiatives.”
Operating under the Prembly Group brand, this merger leverages synergies to improve service delivery across various sectors like finance, telecom, and e-commerce.
The firms note that customers can expect advancements in identity verification, background checks, risk management, and regulatory compliance solutions tailored to meet businesses’ evolving needs.
Peleza brings a strong reputation and client relationships from nearly a decade in East Africa, with partnerships like Uber, Bolt, and FedEx. This merger signifies increased growth opportunities within the continent and is expected to benefit shareholders, customers, and investors.
“This is a unique chance to combine two excellent companies with rich histories and a bright future,” said Marita Mutemi of Peleza. “We’re excited by the strength of our combined team, serving global markets and fostering a culture that drives excellence in data integrity and compliance.”
With a combined workforce of over 100 employees and offices in Uganda, Kenya, Nigeria, and the US, Prembly Group plans global expansion. Since launch in 2021, Prembly has processed over 40 million verifications, projected to triple with the merger. The combined entity anticipates processing an average of 3.5 million identity verifications monthly, addressing emerging market and global data infrastructure needs.
Prembly Group is a global leader in data infrastructure and compliance solutions. They create essential infrastructure to enhance digital integration across emerging markets and enable global markets to operate more effectively within these regions.
The recent merger with Peleza strengthens global operations and local/international market reach. Additionally, the acquisition of Tunnel bolsters data capacity. Prembly Group is now a leader in identity verification, fraud prevention, and background checks, and the most robust data security and compliance solutions provider for emerging markets.