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Google-backed payment startup Corduro aims for enterprise

When Corduro launched last year, it looked like another mobile payment start-up targeting Square. But after a quiet year, the Google-backed company is showing that it’s got bigger ambitions as it pursues enterprise customers looking for a combination of Square and online processor Stripe.

Originally posted on Gigaom:

When Corduro launched last year, it looked like another mobile payment start-up targeting Square. But after a quiet year, the Google-backed (s goog) company is showing that it’s got bigger ambitions as it pursues enterprise customers looking for a combination of Square and online processor Stripe.

Rather than starting with mom and pop stores, Southlake, TX-based Corduro is pushing its sales teams to win over big organizations that want to modernize their payment systems. So far this year, it’s signed up a big hospital and a university, both unnamed at this point, giving it annualized transaction volume of more $1.4 billion. Corduro, whose investors include Google Ventures, WTI, Founders Collective and Heartland Capital, now has about 1,500 clients. And it’s preparing to go big with a marketing campaign to highlight its payment solution.

I talked with Robert Ziegler, the CEO of Corduro about how the company is looking to set itself apart…

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