VENDOR · GLOBAL
Former Visa crypto lead launches open payments network with $13.5M seed
Atum, an open payments network founded by ex-Visa crypto product head Pete Cooling, emerged from stealth with $13.5 million in seed funding. Positions itself as an interoperable alternative to closed payment rails.
WHY IT MATTERS
Open-payments infrastructure plays gaining founder talent and capital signal banks may shift from proprietary to standardized payment orchestration; compliance and settlement risk concentration changes.
Source: Finextra · 2026-09-24