Prembly, a leading compliance and security infrastructure company for emerging markets, has announced its acquisition of Tunnel, an innovative company that empowers legitimate data sharing across businesses.
Details
This acquisition enhances Prembly’s suite of security solutions and expands its financial services capabilities, providing reliable identity verification through the integration of comprehensive financial data.
The data infrastructure and analytics company, Tunnel, has established itself as a trusted partner in the credit and identity industry by connecting lenders to high-quality data and sustainable technology.
What They’re Saying
“We understand the unique challenges faced across the markets and we are thrilled to announce the acquisition of Tunnel. This aligns with Prembly’s core mission to protect and enable businesses to thrive by providing robust compliance and security infrastructure,” says Lanre Ogungbe, CEO Prembly.
Tunnel’s co-founder & CEO, Tobi Okedeji, commented, “We are proud to join forces with Prembly, as we merge our solutions into an extensive compliance and security network. This acquisition marks a drive towards empowering businesses, particularly with actionable customer information and insights.”
Why This Matters
This makes a significant difference in Prembly’s operations, creating an ecosystem poised to improve data sharing and mitigate risks with customer verification. It represents a milestone in the company’s growth and reinforces a strong dedication to fostering strategic collaborations and partnerships to expand service offerings.
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