FX.co ★ TransUnion To Acquire Monevo - Quick Facts

TransUnion (TRU) announced that it has entered into a definitive agreement to purchase Monevo, a credit prequalification and distribution platform based in the United Kingdom. Having previously acquired a 30% equity stake in Monevo in 2021, TransUnion plans to purchase the remaining shares from Quint. Although the terms of the deal have not been made public, the company anticipates funding the acquisition using its existing cash reserves, without significantly affecting its leverage, liquidity, or operational outcomes for 2025.