MoonPay acquires Entendre to bring AI accounting agents to stablecoin operations
The acquisition adds automated reconciliation, treasury management and financial reporting to MoonPay’s growing digital asset infrastructure.
MoonPay has acquired Entendre, an artificial intelligence accounting platform used by stablecoin and fintech companies, as the crypto payments firm expands deeper into financial operations infrastructure.
Entendre builds AI agents that automate reconciliation, bookkeeping, treasury management, reporting and financial close workflows for companies handling digital assets.
Its customers include Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard and DoubleZero.
Companies using the platform manage more than 30 financial accounts on average, process roughly 25,000 transactions per month and operate across at least three legal entities.
MoonPay said Entendre customers automate 93% of journal entries, reduce manual work by more than half and close their books three times faster.
The platform connects blockchain transactions with accounting systems by classifying payments, reconciling balances, generating journal entries and creating records for audits.
It integrates with accounting platforms including NetSuite, QuickBooks and Xero, as well as payment and finance tools such as Ramp, Stripe, Rain and Meow.
Entendre founder Kareem Khattab will join MoonPay as vice president of applied AI. The company’s platform and team will join MoonPay immediately, while existing customers are expected to see no service disruption.
MoonPay CEO Ivan Soto Wright said stablecoin adoption requires financial operations to move at the same speed as digital payments.
The acquisition extends MoonPay beyond payments and trading into the back office systems that companies use to manage digital asset transactions.
MoonPay has expanded rapidly through acquisitions this year. The company acquired security infrastructure provider Sodot to launch MoonPay Institutional and purchased Decent and DFlow to build MoonPay Trade.
Sodot’s technology has secured more than $50 billion in transactions and protected more than 10 million wallets. MoonPay Trade gives institutions and companies access to more than 200 blockchains and protocols through a single interface.
With Entendre, MoonPay now covers payments, wallets, trading execution, institutional key management and AI powered financial operations.