Corduro was started in 2008 and launched in 2010. Our vision: establish unique technology that enables organizations to effectively connect payments and people (memberships/relationships) at a fraction of the cost.
In 2010, we secured Google as our Series A lead around real-time optimization of payments, creating a 30%+ benefit for customers in processing fee reductions while keeping margins to support a healthy business. The intellectual property is owned by Corduro and is a tribute to our team’s 20+ years in the payment industry. Our optimized payment network is an established solution that spans across numerous markets, leveraging our ability to route payments anywhere, anytime to the least cost provider.
Corduro’s PayMobile™ is a social mobile app built on an enterprise payment platform providing a unique ability for people to connect their social networks to their favorite organizations so they can use their phones to make payments, take payments and invite others to grow the network.