MoonPay acquires AI accounting startup Entendre, expanding into back-office financial operations

Odaily reported that crypto payment infrastructure company MoonPay announced the acquisition of AI accounting startup Entendre, further expanding from crypto on-ramp/off-ramp gateway services into the enterprise back-office financial operations layer.

Entendre primarily develops AI accounting agents designed to automate the financial operations processes of high-frequency crypto and fintech enterprises, including tasks such as reconciliation, treasury management, month-end closing, and journal entries. MoonPay CEO Ivan Soto-Wright stated that if enterprises are to adopt stablecoins at scale, their financial operations must also possess the same speed, contextual understanding, and automation capabilities as payments.

This acquisition will immediately integrate the Entendre platform and team into MoonPay, with existing customers remaining unaffected. Entendre clients include Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard, and DoubleZero, among others.

MoonPay has completed multiple acquisitions this year, including cross-chain routing and liquidity company Decent.xyz, Solana trading infrastructure DFlow, AI trading tool Dawn, and crypto key management company Sodot.