Atum Raises $13.5M in Funding

Atum, a San Francisco-based fintech startup, has emerged from stealth with $13.5 million in funding to launch the first open payments network for global money movement. The company provides a unified coordination layer that connects payment companies, developers, and enterprises to simplify cross-border transactions without issuing its own currency or taking custody of funds.

Investors

Participating investors in this round include Variant, PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit, Credibly Neutral, and strategic advisor Charlie Songhurst.

Atum Use of Funds

The capital will be used to support the launch and development of the Atum open payments network, which acts as a coordination layer for global money movement across various blockchains and stablecoins.

About Atum

Founded in 2026 by CEO Pete Cooling, a former Visa executive, Atum offers an open-loop payments and commerce platform. The company's technology enables developers and enterprises to integrate global payment requests, allowing settlement providers to compete to fulfill transactions across multiple rails.

Funding Details

Company Website: https://atum.xyz

Company: Atum
Raised: $13.5M
Round: Other
Funding Date: September 22, 2026
Additional Investors: Variant, PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit, Credibly Neutral, Charlie Songhurst
Company Website: https://atum.xyz
Software Category: Fintech
Source: https://www.prnewswire.com/news-releases/atum-emerges-from-stealth-with-the-open-payments-network-for-global-money-movement-302886088.html