• Sunday, July 07, 2024
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Prembly merges with Kenyan KYC firm to enhance global data

Prembly merges with Kenyan KYC firm to enhance global data

Prembly, an identity solution company, has merged with Peleza, East Africa’s Know Your Business (KYB) company to enhance global data security infrastructure and compliance solutions.

Lanre Ogungbe, Prembly’s founder and chief executive officer, said, “This merger with Peleza strengthens our industry expertise and elevates our technological capabilities.

“We are excited to welcome Marita Mutemi, with her extensive experience, to our leadership team at Prembly Group. Her contributions will be invaluable in driving innovation and propelling our strategic initiatives.”

In a statement, Prembly further disclosed that the merger aims to leverage synergies across various sectors, such as finance, telecommunications, and e-commerce.

“Clients can expect enhanced solutions in identity verification, background checks, risk management, and regulatory compliance, all tailored to meet the evolving needs of businesses,” it said.

With almost a decade of experience in the East African region and key partnerships, including Uber, Bolt, and FedEx, Peleza brings a legacy of business excellence and strong customer relations.

It said that this merger further demonstrates increased growth opportunities within the continent and is expected to create significant value for shareholders, customers, and investors alike.

“This merger is a transformative opportunity,” said Marita Mutemi of Peleza. “We combine two exceptional companies with a shared vision of data integrity and regulatory compliance. As a unified team, we will offer unparalleled service to global markets while fostering a culture prioritising excellence.”