After acquiring Entendre, Ivan still plans to pursue more licenses, and there will likely be major moves before the end of the year. The PayFi track is becoming increasingly lively.

According to Axios, MoonPay has acquired AI accounting startup Entendre, with the specific transaction amount not disclosed. Entendre mainly provides AI-powered accounting and reconciliation services for businesses using stablecoins and digital assets, enabling automatic matching of on-chain transactions to traditional accounting systems and general ledgers. MoonPay CEO Ivan Soto-Wright said the company will continue to expand its business footprint through acquisitions in the future and plans to obtain more regulatory licenses by the end of the year. The Entendre team will be integrated into MoonPay, and its founder Kareem Khattab will serve as Vice President of Application AI at MoonPay.