Atum has emerged from stealth having built the open payments network, a first of its kind, for global money movement. Atum connects payment companies, developers, and enterprises through a single coordination layer, without issuing a currency, operating a blockchain, favoring a rail, or taking custody of customer funds. The company is launching with $13.5 million of funding from Variant, PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit, Credibly Neutral, and strategic advisor Charlie Songhurst.

Atum is the open payments network for global money movement. Atum connects payment companies, developers, and enterprises through a unified coordination layer that handles authorization, routing, and confirmation without being a counterparty and without taking custody. Atum issues no currency, runs no blockchain, favors no rail, and doesn't compete with any participant on its network.