MoonPay acquires Entendre to add AI accounting agents for crypto finance.
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MoonPay acquires Entendre to add AI accounting agents for crypto finance. MoonPay has acquired Entendre, adding AI accounting agents to the crypto payments company's growing infrastructure stack for stablecoins, trading, wallets and institutional finance. The Entendre acquisition brings the company's platform and team into MoonPay immediately. Entendre founder Kareem Khattab is joining MoonPay as vice president of applied AI, giving the payments company a dedicated AI layer for finance operations. Entendre builds accounting agents used for reconciliation, treasury analysis, journal entries, reporting and month-end close workflows. Its customer base includes Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard and DoubleZero, with users managing more than 30 financial accounts on average and processing about 25,000 transactions per month. MoonPay said finance teams using Entendre automate 93% of journal entries, cut manual work by more than half and close books three times faster. The platform connects with general ledgers including NetSuite, QuickBooks, Xero, DualEntry and Campfire, along with Ramp, Stripe, Rain, Meow, Slash, Slack and Gmail. Stablecoin payments need faster back offices. The acquisition targets a practical bottleneck inside crypto finance. Stablecoins can settle quickly across countries, currencies and wallets, but accounting systems still...
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