Announced
Completed
Synopsis
TransUnion, a global insights and information company, completed the acquisition of Monevo, a developer of a personal loan platform intended to provide a global technology marketplace, from Quint Group, a UK-based financial technology company. Financial terms were not disclosed. "Monevo’s proposition enables credit distribution for some of the world's largest banks and lenders, supporting our aim to improve access to credit for consumers. We expect that the acquisition will further enable publishers and lenders to benefit from improved economics, while consumers experience a more compelling and personalised online credit shopping experience – receiving tailored offers that won’t impact their credit scores," Madhusudan Kejriwal, TransUnion CEO, UK & Europe.
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