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Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon

1. Amazon partners with Slope to offer credit to Amazon sellers. 2. Eligible sellers can access real-time capital via Amazon Seller accounts. 3. Slope's service targets mature sellers with significant revenue needs. 4. The partnership enhances financing options, benefiting Amazon's independent seller base. 5. Slope expects rapid growth, already seeing applications increase by 300% weekly.

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FAQ

Why Bullish?

Enhanced access to financing can stimulate seller growth, boosting Amazon's sales.

How important is it?

This partnership directly affects Amazon's seller ecosystem and overall revenue potential.

Why Long Term?

The partnership will gradually improve seller capabilities, enhancing Amazon's marketplace dynamics over time.

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