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Google invests in online payment company
- — 04 May, 2010 07:05
Google Ventures has reportedly invested in a little-known payment services company called Corduro.
Corduro's Web site says little more than that the company provides payment services for Internet, mobile and traditional retail transactions. It offers a branded gateway that merchants can use to accept credit card payments online.
The investors page, however, contains a paragraph describing Google Ventures.
A number of media outlets began covering the investment on Monday after Google Ventures reportedly announced the deal during a press event.
Neither Google nor Corduro immediately responded to requests for comment. It's unclear how much Google Ventures invested in the company.