TransUnion Set to Acquire Credit Prequalification Firm Monevo

TransUnion says it plans to acquire British credit prequalification/distribution platform Monevo.The credit reporting agency announced the deal Wednesday (Jan. 8), noting that it already owned 30% of Monevo’s equity after purchasing a minority stake in 2021.“We are committed to making trust possible in global commerce by ensuring consumers and organizations can transact with confidence,” Todd Skinner, TransUnion president, international, said in a news release.“Prequalification is an integral part of the co ...