Onboarding the Next Billion: How Entendre Finance Tackles Real Gaps to Widespread Crypto Adoption

ATX DAO Podcast

Summary

Kareem Khattab, founder of Entendre Finance, discusses the importance of AI accounting for crypto businesses. He shares his background in fintech and how his experiences at companies like Workday and WeWork highlighted the need for efficient financial management in the crypto space. Khattab explains how Entendre Finance automates accounting processes for crypto businesses, including parsing blockchain transactions and generating financial reports. He also discusses the challenges of navigating the regulatory environment and the importance of proper financial hygiene in the crypto industry.

Entendre is the first crypto-native balance sheet, PNL, and trial balance tool that generates accounting records from double-entry journals. They aim to be the accountant for all digital assets and automate the implementation process. The team emphasizes the importance of accounting in the crypto industry and the fact that businesses need proper bookkeeping. They also discuss the challenges of building a startup and the importance of discipline and consistency.

Chapters

00:00 Introduction and Background

10:27 The Importance of Proper Financial Hygiene

14:06 Automating Financial Processes for Crypto Teams

26:26 Risk Management in the Regulatory Environment

30:53 Building a Crypto-Native Accounting Platform

35:34 Automating the Implementation Process

37:19 Becoming the Accountant for Digital Assets

42:21 The Importance of Discipline and Consistency

45:37 Community Partnerships and Collaboration

49:07 Challenges in Gaining Trust and Providing Accounting Solutions in Crypto

Connect with Kareem & Entendre Finance:

• X (Twitter):⁠ @kvreem | @EntendreFinance

• LinkedIn: Kareem | Entendre Finance

• Website: https://entendre.finance

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Connect with us on X (Twitter):

• Ash: ⁠@ashinthewild⁠

• Megan: @MegNogATX

• Luke: ⁠⁠⁠⁠⁠@Luke152⁠⁠⁠⁠⁠

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Keywords

AI accounting, crypto businesses, financial management, Entendre Finance, blockchain transactions, financial reports, regulatory environment, financial hygiene, crypto-native balance sheet, PNL, trial balance, accounting, digital assets, implementation process, automation, startup challenges, discipline, consistency, community partnerships