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MetLife To Gain 35M Members With Versant Health Acquisition

PYMNTS

MetLife has agreed to acquire Versant Health , which owns popular brands Davis Vision and Superior Vision , in a $1.675 billion transaction from its owners, an investor group led by Centerbridge Partners , according to a press release. FFL Partners was also among the investors that previously owned Versant Health, the release noted.

Branding 256
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Instacart Value Skyrockets To $17.7B With $200M Funding Round

PYMNTS

The new round of funding came from existing investors Valiant Peregrine Fund and D1 Capital Partners. The company has raised more than $2 billion since it was founded in 2012 by Apoorva Mehta, Brandon Leonardo and Max Mullen. There are also plans to connect Instacart Ads to consumer packaged goods (CPG) brands.

Retail 131
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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. Gas prices are finally coming down, making people able to drive their brand new cars more; I am glad to be testing the $3.00

Taxes 73
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Affirm Eyes Possible IPO That Could Value POS Lender At $10B

PYMNTS

The company’s primary investors include venture capital firms Founders Fund and Lightspeed Venture Partners as well as mutual-fund giant Fidelity Investments, WSJ reported. Founded in 2012, Affirm’s business lies in offering shoppers the ability to pay for goods in installments via short-term loans.

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 UK’s Currencycloud Gets $80M From Visa, Others For X-Border Payments

PYMNTS

The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV. My brand is invisible. Other investors included World Bank’s International Finance Corp., Siam Commercial Bank and BNP Paribas, as well as SoftBank’s spun-off SBI Group.

Payments 130
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ClassPass Lands $285M To Scale Fitness Marketplace

PYMNTS

Launched in 2012 by Payal Kadakia under the name Classtivity, ClassPass closed $2 million in seed funding in March 2014 after rebranding. The new funding will be used to scale its branded model worldwide. Six months later, the startup raised $12 million in a Series A round by entrepreneur Fritz Lanman, who now serves as CEO.

Branding 130
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Deliv Raises $40M In New Round Of Venture Funding

PYMNTS

Deliv , the startup delivery platform that has partnerships with well-known brands, has raised $40 million in venture funding. Deliv, which launched in 2012, has delivery partnerships with Best Buy, Macy’s, Home Depot and Walgreens.

Google 122