MoonPay has acquired Entendre, an AI-powered accounting startup, in a move to deepen its presence in the back-office financial infrastructure layer for businesses using stablecoins and onchain payments. Entendre builds AI agents that automate finance operations like reconciliations, treasury management, month-end close, and journal entries—workflows that grow complex when enterprises operate across multiple wallets, tokens, chains, and fiat rails.
The acquisition marks a strategic expansion beyond MoonPay’s original crypto-to-fiat gateway role. The company is increasingly positioning itself as a full-stack institutional provider, combining trading, settlement, payment, and now operational accounting tools. CEO Ivan Soto-Wright stated that businesses adopting stablecoins at scale need finance operations with the same speed and automation as the payment flows themselves. Entendre’s platform will integrate into MoonPay Trade, the company’s institutional-grade API for onchain execution across more than 200 chains and protocols, as well as MoonPay Institutional.
The deal closely aligns with MoonPay’s stablecoin and institutional growth strategy. While stablecoins cut settlement times, they create new accounting challenges: tracking transactions across chains, reconciling onchain activity with internal ledgers, and maintaining audit-ready records. Entendre already serves crypto-native clients like Polygon Labs, Thirdweb, and Babylon Labs, and its entire team will join MoonPay without disrupting existing services.
This is the latest in an aggressive acquisition streak—MoonPay has also bought Decent.xyz, DFlow, Dawn, and Sodot this year, and Meso, Iron, and Helio previously. Together, these deals aim to build a unified infrastructure spanning payments, liquidity, wallet management, AI trading tools, and back-office automation. The institutional push is overseen by Caroline Pham, former acting CFTC chair, lending regulatory credibility.
The move signals a growing trend: as stablecoin volumes rise, manual accounting becomes a bottleneck, and AI-driven automation is becoming critical for institutional adoption. For MoonPay, success hinges on integrating these pieces into a coherent offering, rather than a patchwork of tools. If executed well, the acquisition strengthens its hand against other infrastructure providers targeting the full transaction lifecycle for enterprises.
