In a strategic move to enhance its operations in the digital finance sector, MoonPay has successfully acquired Entendre, an innovative platform that leverages artificial intelligence to streamline finance operations for businesses engaged in onchain transactions. This acquisition marks a significant extension of MoonPay’s infrastructure, focusing on the crucial finance operations layer associated with digital asset transactions.
Entendre specializes in automating end-to-end finance operations, catering specifically to high-volume businesses that manage multiple entities and currencies. Its client roster includes prominent names such as Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard, and DoubleZero. Many of these clients handle over 30 financial accounts and process approximately 25,000 transactions monthly, often operating across three or more legal jurisdictions. Reports indicate that finance teams utilizing Entendre are able to automate an impressive 93% of journal entries, significantly reducing manual labor by over 50%, and enable month-end closings three times faster than traditional methods.
One of the core challenges in onchain finance that Entendre addresses is the fragmentation of systems. A single stablecoin payment or token movement can traverse various disconnected systems before it is recorded in the general ledger. Although blockchains are effective at documenting value transfers, they often fall short in capturing essential elements such as customer identity, transaction purpose, invoice links, accounting at the entity level, and trails of approval. This gap forces finance teams to rely heavily on manual processes involving block explorers, CSV files, spreadsheets, and conventional accounting tools. Entendre’s platform stands out by automating the entire process from transaction to classification, reconciliation, journal entry, handling exceptions, and ensuring audit-ready documentation.
Ivan Soto-Wright, CEO and co-founder of MoonPay, emphasized the evolution of financial systems, stating, “Legacy software was built for manual workflows. The next financial system will be coordinated by humans and agents.” He further highlighted that for businesses to effectively adopt stablecoins at scale, their financial operations must match the speed, context, and level of automation characteristic of the payments themselves. “Entendre takes us deeper into the agentic finance layer so businesses can operate in this new paradigm,” he added.
Kareem Khattab, founder of Entendre, echoed this sentiment, noting that the mission of Entendre has always been to equip finance teams with exceptional tools that allow them to track digital transactions efficiently while enabling AI agents to optimize their workflows.
This acquisition follows MoonPay’s purchase of a key management firm, Sodot, which has successfully secured transactions amounting to more than $50 billion and managed over 10 million wallets. MoonPay has also previously acquired Decent and DFlow, facilitating the launch of MoonPay Trade for execution and tokenization.
With the integration of Entendre, MoonPay’s technology stack now encompasses a comprehensive suite covering payments, wallets, onchain execution, institutional key management, and AI-driven finance operations. This development is pivotal in building a more robust infrastructure layer designed for enterprises that operate with stablecoins and digital assets, positioning MoonPay favorably within this rapidly evolving financial landscape.
