Slope news and trends

3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
B2B Payments // July 22, 2024

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts receivable (AR) function have tied up back-office operations with labor-intensive, error-prone and time-consuming workflows. These incumbent processes often involve repetitive...

J.P. Morgan Payments Backs B2B Payments Platform Slope
Investments // July 17, 2024

Slope has secured $65 million in strategic equity and debt funding to scale its B2B payments platform for enterprise companies. The funding was provided by J.P. Morgan Payments, Y Combinator, Jack Altman and Max Altman’s new fund, Saga, Slope said in a Wednesday (July 17) press release. The company was not...

Altman-Backed Slope’s Bid to Create GPT Business Payments
artificial intelligence // October 10, 2023

The business-to-business (B2B) payments economy represents a $125 trillion opportunity for the right innovation to unlock. But those trillions of dollars being shuffled around between businesses don’t sit lightly — and their historic weight has served to entrench the way that organizations transact with and pay...

Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform
Investments // September 27, 2023

Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. The round was led by Union Square Ventures, and there was participation from Sam Altman, CEO of OpenAI, Slope said in a Wednesday (Sept. 27)...

Interviews & Exclusives
Altman-Backed Slope’s Bid to Create GPT Business Payments

October 10, 2023
The business-to-business (B2B) payments economy represents a $125 trillion opportunity for the right innovation to unlock. But those trillions of dollars being shuffled around between businesses don’t sit lightly — and their historic weight has served to entrench the way that organizations transact with and pay one another, leading to a host of ingrained habits and […]

Quick Reads
IKEA Adds Slope’s Flexible Payment Options for Business Customers

August 29, 2024
IKEA U.S. has begun rolling out an invoice-to-pay solution provided by payments company Slope, saying it will provide flexible payment options for the furniture retailer’s business customers. Slope’s solution was launched on IKEA.com for business applications and checkout where approved and will be fully integrated into all IKEA U.S. locations for in-store purchasing by October, the retailer said […]

J.P. Morgan Payments Backs B2B Payments Platform Slope

July 17, 2024
Slope has secured $65 million in strategic equity and debt funding to scale its B2B payments platform for enterprise companies. The funding was provided by J.P. Morgan Payments, Y Combinator, Jack Altman and Max...

Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform

September 27, 2023
Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. The round was led by Union Square Ventures, and there...

Startup Slope Taps New Chief Financial Officer

April 15, 2022
Startup Slope, which offers businesses an easy way to extend buy now, pay later (BNPL) services, is moving forward to grow its footprint with the recent appointment of Ashish Jain...