Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specific financial details of the transaction.
While Prembly provides identity verification, security, and compliance, Peleza conducts background checks for businesses. Peleza has key partnerships in East Africa with mobility apps Uber and Bolt and logistics corporation FedEx. With this merger, the Prembly group will build a bigger East African business using Peleza's industry knowledge and improve customer service offerings.
Over the last 18 months, Peleza has been using Prembly's infrastructure.
"This merger serves as an extension of that collaboration and our longstanding partnership, providing an opportunity to expand service offerings to customers across various markets and globally," Pelezas founder Marita Mutemi told TechCabal.
"Merging both companies significantly increases our options and value, positioning us as the most used provider across Pan-Africa and achieving leader status in this space," said Lanre Ogungbe, the co-founder and CEO of Prembly.
