TransUnion LLC’s Acquisition Of Quint Group’s Stake In Monevo Limited

Taylor Wessing advised Quint Group on the deal.

Quint Group sold a minority stake in Monevo Limited to TransUnion LLC, a leading global insights and data firm.

This investment will provide the foundation of a global partnership with TransUnion and support Monevo in building on its market leading position in the UK and accelerating growth in the US and other international markets.

Monevo, a subsidiary of Quint Group, is a multi-award winning B2BC personal credit platform. Operating primarily in the UK and US, as well as Poland and Australia, it is used by over 100 lenders and banks globally to distribute personal loans and credit cards. Monevo provides the infrastructure, technology, decisioning and relationships to facilitate a highly complex global personal credit marketplace that connects consumers with lenders.

Based in the UK with a presence in the USA, Poland, China, South Africa and Australia, Quint Group is a leading fintech group focused on improving access to credit. The Group owns and operates a portfolio of mutually beneficial and strategically aligned financial technology businesses in the consumer finance market.

The Taylor Wessing’s team was led by partners Ronald Graham (Picture) and Howard Palmer with support from a team including senior counsels Matt Harrison and Natasha Cooper.

Involved fees earner: Natasha Cooper – Taylor Wessing; Ronald Graham – Taylor Wessing; Matt Harrison – Taylor Wessing; Howard Palmer – Taylor Wessing;

Law Firms: Taylor Wessing;

Clients: Quint Group;

Author: Giulia Di Palma