In a significant move to enhance its financial infrastructure, MoonPay has announced the acquisition of Entendre, a company specializing in AI-powered accounting agents tailored for stablecoin payment and fintech firms. This acquisition expands MoonPay’s operational capabilities into the financial management sphere, introducing automated solutions for reconciliation, treasury, and closing workflows, which will facilitate transactions involving both fiat and digital assets.
Entendre’s technology is designed to streamline finance operations for businesses that handle high volumes of transactions across multiple entities and currencies. Current clients of Entendre include notable names in the industry like Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard, and DoubleZero. Statistics reveal that these companies manage an average of over 30 financial accounts and process around 25,000 transactions monthly, often spanning three or more legal entities. Finance teams leveraging Entendre’s platform have reported a remarkable automation rate of 93% in journal entries, significantly reducing manual labor and enabling them to close their books three times faster.
The platform developed by Entendre assists finance teams by managing workflows that integrate blockchain explorers, fintech dashboards, and accounting tools. Its AI agents are adept at evaluating various model providers against real-world accounting needs, ensuring that tasks are assigned to the most suitable model.
Moreover, Entendre’s platform seamlessly integrates with major general ledgers like NetSuite, QuickBooks, and Xero, along with expenditure and revenue platforms such as Ramp and Stripe. It also connects with digital asset infrastructure, including stablecoin card services and banking solutions like Rain, Meow, and Slash, and workplace communication tools such as Slack and Gmail. The platform’s architecture supports custom accounting agents that can interface with diverse tools and data sources.
Effective immediately, Entendre’s team and technology will join MoonPay, with minimal disruption expected for existing customers. The firms anticipate deeper integrations into MoonPay’s offerings in the upcoming quarters.
This acquisition is part of MoonPay’s broader strategy to enhance its infrastructure for companies operating with digital currencies. Earlier this year, MoonPay acquired Sodot, a key management firm known for securing over $50 billion in transactions and protecting more than 10 million wallets. Additionally, MoonPay has introduced MoonPay Trade following its acquisitions of Decent and DFlow, aimed at building comprehensive infrastructure for trade execution and tokenization.
MoonPay emphasized that the addition of Entendre will bolster its infrastructure across payments, wallets, on-chain execution, institutional key management, and AI-driven financial operations.
In highlighting the importance of the acquisition, Ivan Soto-Wright, CEO and Co-Founder of MoonPay, stated, “Legacy software was built for manual workflows. The next financial system will be coordinated by humans and agents. If businesses are going to adopt stablecoins at scale, their finance operations need the same speed, context, and automation as the payments themselves. Entendre takes us deeper into the agentic finance layer so businesses can operate in this new paradigm.”
Kareem Khattab, Founder of Entendre and newly appointed VP of Applied AI at MoonPay, echoed this sentiment, noting that accounting remains among the most underserved areas in the emerging stablecoin and AI economy. He pointed out that the collaboration aims to “make the back office just as fast as the transaction itself,” thereby improving overall efficiency in financial operations globally.
