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Stock impact report

TransUnion Announces Agreement to Acquire Financial Technology Company Monevo, a Credit Prequalification and Distribution Platform

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: GlobeNewswire
CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) has signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalized credit offers to consumers via comparison websites and other third parties. TransUnion currently owns 30% of the equity of Monevo after acquiring a minority stake in 2021 and has agreed to acquire the remaining ownership position from Quint Group Limited. “We are committed to making trust possible in global commerce by ensuring consumers and organizations can transact with confidence,” said Todd Skinner, President, International, TransUnion. “Prequalification is an integral part of the consumer lending process. It drives financial inclusion and responsible lending by helping consumers find more suitable products in less time.” Monevo enables comparison websites and other online brands known as publishers to embed highly personali Show less Read more
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