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Noddle TransUnion UK sale

As you may be aware, we recently announced that we have agreed to sell our Noddle business, a free-for-life credit reporting and monitoring service, to Credit Karma – one of our longstanding global partners.

The services Credit Karma and Noddle provide to consumers are very similar, so it’s a good match, and we’ve worked with Credit Karma in the US for over a decade. We’ll now also be partners in the UK, as once the acquisition is complete, TransUnion will continue to supply Credit Karma’s members with complete access to all of their credit reports and scores.

This divestment is good news for our clients too, as it will allow us to continue to focus on our core strategic growth plan, which includes bringing additional value to our client services with new product innovation, as well as leveraging our global expertise to enhance and improve our offering to businesses.

All of our B2B clients with Callcredit Consumer Ltd will remain with us following the sale of the Noddle direct-to-consumer business. We’ve already been in touch with these clients about the changes and there will be no interruption to any services.

The sale is subject to regulatory approval from the FCA, and we anticipate it will complete later in the year or early 2019.

Read more about this in our news.

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