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Stock impact report

TransUnion Completes Acquisition of Credit Prequalification and Distribution Platform Monevo

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, April 01, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today 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 personalized credit offers to consumers via comparison websites and other third parties. TransUnion had previously held 30% of the equity of Monevo after acquiring a minority stake in 2021. “We are delighted to welcome Monevo into the TransUnion family,” said Steve Chaouki, President, U.S. Markets, TransUnion. “We anticipate that Monevo’s platform will enhance our portfolio and our proposition to lenders. Prequalification, or eligibility, is critical to the consumer lending process, which supports our mission to make trust possible in global commerce and helps us to deliver on our wider goal of using Information fo Show less Read more
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