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Slope, AI-Led B2B Payments Platform, Secures $65 Million Strategic Equity and Debt Funding Provided by J.P. Morgan and Others

slope1
  • July 20, 2024
  • Insights, Payments

Slope, an AI-driven B2B payments platform, has secured $65 million in strategic equity and debt funding from J.P. Morgan and other investors, bringing its total funding to $252 million. The funding will enable Slope to scale its operations and expand its services, which include order-to-cash automation, embedded short-term financing, and payment reconciliation. By joining the J.P. Morgan Payments Partner Network, Slope aims to enhance its technology and better serve Fortune 500 clients, while also launching SlopeAI to offer AI-powered underwriting and financial data solutions to banks and wholesalers.

Slope, AI-Led B2B Payments Platform, Secures $65 Million Strategic Equity and Debt Funding Provided by J.P. Morgan and Others

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