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Crypto▲ Bullish
MoonPay's AI Accounting Buy Automates Stablecoin Back-Office
MoonPay buys Entendre to automate crypto accounting. The platform handles 25,000 transactions per month per client and cuts manual work by more than half.
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MoonPay acquired Entendre, an AI accounting platform whose agents handle reconciliation and financial close for companies like Polygon Labs and Thirdweb. The deal adds automated bookkeeping and reporting to MoonPay's digital asset infrastructure.
Entendre's platform connects blockchain transactions with standard accounting systems. It classifies payments, reconciles balances, generates journal entries and builds audit records for companies managing stablecoins and other tokens. The tool integrates with NetSuite, QuickBooks and Xero, plus payment platforms such as Ramp, Stripe and Meow.
MoonPay said Entendre's customers automate 93% of journal entries, cut manual work by more than half and close their books three times faster. The average client runs more than 30 financial accounts, processes roughly 25,000 transactions a month and operates across at least three legal entities.