Slope, a B2B payments platform, has raised USD 65 million in funding led by JP Morgan Payments, with participation from Y Combinator, Jack Altman, Max Altman's Saga fund, and others. JP Morgan will also provide a debt facility and equity funding. Slope's total funding now stands at USD 252 million, with USD 77 million in equity and USD 175 million in debt.

The funds will be used to expand Slope's operations as it continues serving large enterprises and to enhance its technology. Slope will join JP Morgan's Payments partner network to provide clients access to short-term financing solutions integrated into its platform.

The company also launched SlopeAI, an AI underwriting tool available to financial institutions for faster client onboarding and monitoring, with access to Slope’s LLMs for bank data enrichment, KYB/KYC powered by AI agents, and internal production risk models.