Kenyan startup Peleza has merged with YC-backed Prembly to create the Prembly Group. This strategic alliance combines Pelezas expertise in background checks with Premblys prowess in identity verification, security, and compliance.
Peleza, established in 2015, has built a strong presence in East Africa. It boasts key partnerships with major players like Uber, Bolt, and FedEx. Prembly, though younger, having been founded in 2021, has quickly made its mark in the industry. It secured 2.8 million in seed funding in 2022, with backing from notable investors such as MaC Venture Capital and Soma Capital.
The merger aims to leverage the strengths of both companies. Prembly Group will utilize Pelezas industry knowledge to expand its East African operations. Simultaneously, it will enhance customer service offerings across various markets.
This union is not a sudden development. For the past 18 months, Peleza has been utilizing Premblys infrastructure. Marita Mutemi, Pelezas founder, views the merger as a natural progression of their existing collaboration.
Leadership roles have been reassigned to ensure smooth integration. Lanre Ogungbe, Premblys co-founder, will lead as CEO of the Prembly Group. Mutemi will take on the role of CFO for the group while also serving as CEO of Prembly East Africa. Other executives from Peleza will retain leadership positions, maintaining continuity.
