Slope is building a B2B payments platform that enables businesses to seamlessly handle online payments and offer "buy now, pay later" options to their customers. Slope's platform integrates payments, invoicing, and risk management while paying out to businesses instantly once an order ships. The company has seen strong traction, growing revenue 8 figures with just 18 employees.
Cofounders Alice Deng and Lawrence Murata bring deep expertise in the challenges of B2B payments. Deng grew up working in her parents' Brazilian wholesale toy business and saw firsthand the stacks of paperwork and manual processes involved in B2B transactions. After researching solutions, they realized existing options were riddled with poor user experiences, complex integrations, and lacked key features. Slope differentiates through a developer-centric approach focused on fast, automated integration and underwriting.
Slope aims to pioneer the transition of the $125 trillion annual B2B transaction market online, with a focus on building trust for B2B and cross-border payments. The company has grown tremendously since launching in 2021, doubling revenue and volume every 2.5 months in 2022. Slope is positioning itself to lead the B2B payments ecosystem with AI, leveraging models like GPT to better assess risk and automate processes in ways that outperform traditional frameworks. However, the company will need to prove it can capture market share from entrenched payment giants and other well-funded B2B payment startups in an increasingly competitive space.
2021
Founded
0-50
Employees
Series A
Stage
$100-$250M
Latest Valuation
$50-100M
Total Funding
Oct 13 2023
Last Fundraise
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