About Corduro
Corduro is a Retail company based in Southlake (United States) founded in 2008, and was acquired by Exela in March 2022. SaaS-based mobile payments solutions are offered for businesses. It operates in the Retail and Financial Services sectors. Corduro offers products and services including Register™ (POS), PayMobile™, eCommerce, PayNow™ (Rewards), and Text Giving. Its focus areas include In Store Retail Tech, POS, FinTech and Payments. Its legal entity is Corduro Processing, Inc., and Corduro Merchant Services, LLC. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Corduro was founded in 2008 and is headquartered in Southlake, United States. Mobile payments solutions are delivered through a SaaS model tailored for businesses in the fintech sector. Big data, social media, point-of-sale systems, and mobile payment processing are integrated into a unified enterprise platform. Operations focus on enabling seamless payment handling across digital and physical channels for commercial users.
- Headquarters Southlake, United States
- Stage Acquired
- SectorsRetailFinancial Services
- Website corduro.com
- Social LinkedIn X Facebook
- Acquired by Exela (Mar 2022)
- Legal Name Corduro Processing, Inc., And Corduro Merchant Services, Llc
- InvestorsXBP Global
& 1 more
- Acquired byExela
(Mar 2022)
Products & Services of Corduro
Corduro offers a comprehensive portfolio of products and services, including Register™ (POS), PayMobile™, eCommerce, PayNow™ (Rewards), and Text Giving.
System for in-person payment processing
App for mobile transaction handling
Tools for web-based sales processing
Rewards system for customer engagement
Platform for text-based contributions
Solutions for promotional activities
Gateway for event-based transactions
Interface for online card processing
Resources for custom integrations
Funding Insights of Corduro
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Corduro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2010 | Series A | – | Google Ventures | – |
2 investors in total: 2 institutional.
Investors in Corduro
Corduro has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include XBP Global and Google Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
XBP Global is recognized as a leader in workflow automation and digital transformation. | 1994 | exelatech.com | Irving, United States |
Investor details for Corduro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Corduro
4 people are tracked at Corduro (4 in leadership).
| Name | Role | Group |
|---|---|---|
Andrej Jonovic | Chief Executive Officer | Leadership |
Vitalie Robu | President, XBP Europe | Leadership |
Dejan Avramovic | Chief Financial Officer | Leadership |
Pavel Pavlovski | Head Of Marketing | Leadership |
Complete people profiles for Corduro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Corduro
3 dated milestones of Corduro across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Corduro is founded.
- Funding First funding round.
- Exit Acquired by Exela.
Competitors of Corduro
Corduro has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Corduro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Corduro
The website of Corduro (corduro.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 22.5% vs previous month
Websites whose visitors overlap most with Corduro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| authorize.net | 100% | 2.8M | #17,289 | View details | |
| elavon.com | 96% | 1.7M | #25,351 | View details | |
| transfirst.com | 69% | 36.4K | #504,319 | View details |
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Corduro (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Corduro
Complete news archive for Corduro
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Frequently Asked Questions about Corduro
Corduro was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Corduro is headquartered in Southlake, United States. It is registered at Southlake, Texas, United States.
Corduro was founded in 2008 and is headquartered in Southlake, United States. Mobile payments solutions are delivered through a SaaS model tailored for businesses in the fintech sector. Big data, social media, point-of-sale systems, and mobile payment processing are integrated into a unified enterprise platform. Operations focus on enabling seamless payment handling across digital and physical channels for commercial users.
Corduro's top competitors include Stripe, Flutterwave and PayPal.
Corduro offers Register™ (POS), PayMobile™, eCommerce, PayNow™ (Rewards), and 5 more products and services.
Corduro has 2 investors. Key investors include XBP Global, and Google Ventures.
Corduro operates through Corduro Processing, Inc., And Corduro Merchant Services, Llc.
Yes. Corduro was acquired by Exela in March 2022.