Google Ventures has reportedly invested in a little-known payment services company called Corduro.
Corduro's website 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.