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 rely heavily on exports, manual reconciliation, fragmented dashboards and slow close cycles.

MoonPay CEO Ivan Soto-Wright framed the deal around that mismatch, saying businesses adopting stablecoins need finance operations with the same speed and context as the payments themselves. Khattab said Entendre was built so AI agents could own the accounting workflow “from transaction to ledger.”

That makes the deal more than an accounting software add-on. MoonPay is trying to connect payment execution with the operational layer that follows every transaction: ledger classification, treasury balances, bank and wallet reconciliation, audit trails, entity-level reporting and close management.

The same automation trend is spreading across crypto payments. MoonPay recently launched a ChatGPT app for crypto checkout links, while Mastercard’s Agent Pay for Machines pushed AI agents closer to credentialed, permissioned payments. Entendre gives MoonPay a back-office AI product rather than only a checkout or transaction front end.

Acquisition Adds To MoonPay’s Infrastructure Roll-Up

MoonPay has been building beyond its original fiat-to-crypto on-ramp business. The company now says it serves more than 30 million customers across 180 countries and supports more than 500 enterprise customers, with infrastructure covering ramps, trading, commerce, stablecoins and regulated financial services.

The Entendre deal follows several earlier moves. MoonPay acquired Sodot, whose key-management technology has secured more than $50 billion in transactions and protected more than 10 million wallets. It also acquired Decent and DFlow to build out MoonPay Trade, expanding into trade execution and tokenization infrastructure.

MoonPay’s regulatory footprint has also widened. The company says it holds a New York BitLicense, a New York Limited Purpose Trust Charter, U.S. money transmitter licenses and MiCA authorization in the European Union. That licensing base gives the company more room to sell stablecoin and institutional infrastructure to businesses that need compliance, transaction execution and reporting inside one stack.

Stablecoin payment infrastructure is moving in the same direction across the market. Mastercard has already brought always-on stablecoin settlement to Solana, while Base has pushed AI agent payment rails through x402 as autonomous software begins to transact more directly.