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TransUnion Set to Acquire Credit Prequalification Firm Monevo

  • TransUnion plans to acquire credit prequalification/distribution platform Monevo.
  • TransUnion already owns 30% of Monevo's equity after purchasing a minority stake in 2021.
  • Monevo allows comparison websites and other online brands to embed personalized credit offers, helping consumers find suitable products more efficiently.
  • The acquisition is expected to be completed by the end of the second quarter of this year.

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