TransUnion Completes Acquisition of Credit Prequalification and Distribution Platform Monevo

TransUnion 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 personalised credit offers to consumers via comparison websites and other third parties.

Global insights and information company TransUnion has signed an agreement to purchase a majority ownership stake in Monevo from Quint Group. TransUnion already owned 30% of the equity of Monevo after acquiring a minority stake in 2021.

Discover the latest insights and trends from Money 20/20 conference in our wrap-up blog. From AI to compliance, gain valuable insights for the future of fintech.

Learn about the latest trends, challenges, and opportunities in the financial services industry discussed by industry experts at Pro-Manchester's FinTech & Regulation event.

Brandon Wallace, Product Manager at Bud, a leader in transaction data intelligence, discusses why forward-thinking lenders should leverage transaction data for better customer outcomes throughout the lending lifecycle.

Last month we shared data which showed that Generation Z - people born from roughly 1997 onwards - has seen the biggest decline in loan offers of any generation in 2023 so far. The question is, why might that be?

Canopy and Monevo have partnered to empower renters' financial health by offering tailored financial products and services. This partnership allows renters to access a wide range of financial solutions that fit their personal circumstances. Learn more about this exciting collaboration.

Plend, a UK-based consumer lender, has partnered with Monevo, The partnership aims to provide more inclusive lending options by offering pre-qualified personal loans to customers across the UK, utilising Plend's proprietary technology.

Manchester Credit Union partnered with Monevo and Incuto to expand its reach and offer affordable credit solutions to a wider audience. The partnership helped the credit union to fill the gap in the market by increasing its visibility in the online/digital consumer credit market. This case study highlights the success of the partnership and how it is helping to make affordable credit more accessible to all.

We've added WhatsApp functionality to our application forms. This new feature means consumers can now opt in to receive their loan results via WhatsApp message.

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