TransUnion acquires Monevo, a credit technology business, to improve access to credit

From GlobeNewswire: 2025-01-08 06:05:54

TransUnion has signed an agreement to acquire U.K.-based Monevo, a platform that helps lenders deliver personalized credit offers to consumers. The acquisition will allow TransUnion to provide more suitable products to consumers in less time. Monevo works with over 150 banks globally to integrate lenders and publishers, improving outcomes for consumers seeking credit online. This acquisition aligns with Monevo’s mission to improve access to credit through technology. The terms of the transaction have not been disclosed, but it is expected to close by Q2 2025. For more information, visit TransUnion’s website.

Monevo, a credit technology business, has been acquired by TransUnion. The acquisition will enable Monevo to further its goal of improving access to credit. Monevo’s platform empowers lenders to distribute personalized credit offers through comparison websites and apps, benefitting consumers, publishers, and lenders. The acquisition aligns with Monevo’s vision to innovate and enhance credit distribution globally. For more information about Monevo, visit their website.



Read more at GlobeNewswire: TransUnion Announces Agreement to Acquire Financial