MoonPay Buys Entendre to Automate Stablecoin Accounting

MoonPay has acquired Entendre, an AI accounting platform built for companies that move money on-chain. The deal brings automated bookkeeping tools into MoonPay's existing payment infrastructure, the company said in an announcement.

Entendre builds AI agents that handle back-office finance work for crypto-native businesses. Its clients include Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard, and DoubleZero. These companies process stablecoin payments across wallets, swaps, bridges, and currency rails. Each step generates accounting entries that finance teams typically reconcile by hand.

Blockchains record where funds move but not why. A single stablecoin payment can carry gas fees, currency conversion costs, invoice processing charges, or card network fees. Without automation, accountants stitch together data from spreadsheets, block explorers, and separate accounting platforms to produce accurate books.

Entendre pulls raw blockchain data and turns it into structured financial records. Its clients manage more than 30 financial accounts and process roughly 25,000 transactions per month, often split across three or more legal entities. The startup says it cuts manual accounting work by more than half, automates 93% of journal entries, and lets teams close their books three times faster than traditional methods.

Entendre's customers have passed audits with Mastercard and Visa, and collectively raised over $1 billion in venture capital in the past year.

MoonPay CEO Ivan Soto-Wright framed the acquisition as part of a shift toward what the company calls "agentic finance" – AI systems coordinating financial tasks alongside human operators.

"Legacy software was built for manual workflows. The next financial system will be coordinated by humans and agents," Soto-Wright said. He added that if stablecoins are going to see widespread business adoption, "finance operations need the same speed, context and automation as the payments themselves."

MoonPay bought payment firm Meso last year and hired its co-founders Ali Aghareza and Ben Mills. More recently, it acquired wallet security firm Sodot, along with Decent and DFlow, both picked up in May. The company also launched MoonAgents Desktop App, a tool that lets users interact with blockchain systems through text commands for trading, wallet funding, and transaction tracking.

Research from PYMNTS Intelligence shows that nearly two-thirds of CFOs expect stablecoins to become somewhat or very important in the next three years. Only 10% said the same about cryptocurrencies generally. Integration with established banking providers ranked as the top factor that would make stablecoins useful in payment flows, cited by 45% of CFOs. Regulatory uncertainty remains the biggest hurdle, flagged by 67% of firms for stablecoins and 77% for cryptocurrencies.

MoonPay's MA stock page carries an Alpha Score of 62, reflecting moderate positioning in the financials sector as the company expands beyond payments into back-office infrastructure.