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Google Ventures funded Corduro: Universal Mobile Payments

With the mobile payment industry expected to grow to $721 Bn by 2017 (according to Gartner estimates), there are many new startups coming up in this domain. The myriad mobile point-of-sale solutions offer merchants the ability to process transactions on mobile devices. Mobile wallet offers consumers a place to store their payment credentials for seamless purchasing across multiple channels. One company which claims to be growing distinctly ahead in this segment is Corduro, a Texas based startup.

Corduro was founded in 2010 by Robert Ziegler, debuting with an investment from Google Ventures and Heartland Capital. The ...

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