Announced

TransUnion to invest in Monevo.

Synopsis

TransUnion, a global insights and information company, agreed to invest in Monevo, a developer of a personal loan platform intended to provide a global technology marketplace. Financial terms were not disclosed. “We’re pleased to make this investment and enter into a global strategic partnership with Monevo, expanding our offering to finance providers and aggregators to help them better serve their customers. Harnessing the synergies between the two businesses, we can leverage TransUnion’s data, analytic capabilities and decisioning expertise alongside Monevo’s market-leading technology platform, extensive partner distribution network and expert team," Satrajit Saha, TransUnion CEO.

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