Global insights and information company TransUnion has signed an agreement to purchase a majority ownership stake in Monevo from Quint Group. TransUnion already owned 30% of the equity of Monevo after acquiring a minority stake in 2021.
We are delighted to announce that TransUnion, a global insights and information company, today announced its investment in Monevo, as part of a new global partnership.
TransUnion announced the completion of the acquisition of Monevo from Quint Group Limited. The news follows January’s announcement that TransUnion had signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties.
Monevo has announced the launch of credit card products on its UK platform, to help improve access to credit for UK consumers.
We attended TU Future Summit 2023 in London, where industry leaders discussed financial inclusion, emerging trends, and AI. Discover the highlights of TU Future Summit 2023 in London in this insightful blog post.