Home Latest Insights | News Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa

Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa

Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa

Moniepoint, a Nigerian fintech unicorn, has acquired ORDA, a vertically integrated restaurant software provider in Sub-Saharan Africa, in a move aimed at delivering specialised business solutions to the food service industry.

Explaining the rationale behind the acquisition, Moniepoint reiterated that its mission is to create a world where every African can experience financial happiness. Over the past decade, the company has supported millions of businesses across various industries by building tools and solutions designed to help them grow and thrive.

In 2025, Moniepoint launched Moniebook, an all-in-one bookkeeping solution that enables businesses to manage payments, sales, and inventory within a single platform. The addition of ORDA to its ecosystem is expected to further strengthen its offerings for the food service industry, a sector that serves millions of Nigerians daily.

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Commenting on the acquisition, ORDA CEO Guy Futi said,

“When I founded Orda five years ago, the mission was simple: to build technology that unifies restaurant operations into a single, modern software platform. One designed to give operators clarity, efficiency, and control through integrated products, real-time insight, and a system built to scale with their business. This acquisition brings that vision forward for more African restaurants than ever before.”

ORDA also emphasized that its core mission has always been to build software deeply integrated into restaurant operations. According to the company, the acquisition will ensure continuity for its users, who will continue to access the same products, team, and support, while benefiting from ongoing improvements and investments.

By integrating ORDA’s software with Moniepoint’s financial infrastructure and scale, both companies aim to accelerate innovation, deepen investments, and deliver more powerful tools to restaurant operators.

Also speaking on the acquisition, Moniepoint CEO Tosin Eniolorunda said,

“Africa’s restaurant sector is one of the continent’s most dynamic economic engines, creating jobs, feeding communities and driving financial growth. Moniepoint Inc. is Africa’s all-in-one financial ecosystem, helping 10 million businesses and individuals access seamless payments, banking, credit, and business management tools since 2019.

“By bringing Orda into Moniepoint, we’re giving restaurant owners one simple platform to manage operations and scale their businesses, advancing our mission to create financial happiness by empowering Africans with the right tools to reach their full potential,” he added.

With the recent acquisition of ORDA, food service businesses are expected to benefit from a suite of targeted solutions powered by Moniepoint’s infrastructure. These include integrated payment systems through Moniepoint terminals for seamless and secure transactions, embedded credit access based on business performance via Moniepoint MFB, and real-time inventory management with automated reordering capabilities.

Additional features include built-in tools for creating branded restaurant microsites, advanced reporting and analytics to track sales performance and customer trends, and staff management tools designed to improve operational efficiency.

Notably, the acquisition marks a strategic step in Moniepoint’s expansion into industry-specific solutions, particularly within Africa’s rapidly growing restaurant and food service sector.

MONIEPOINT ACQUIRES ORDA AFRICA TO POWER AFRICA’S RESTAURANT ECONOMY

Acquisition deepens Moniepoint’s food sector expertise with best-in-class restaurant management, targeting Africa’s $50 billion opportunity

Lagos, Nigeria – 23 March 2026 – Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s all-in-one financial ecosystem platform for individuals, businesses and their customers, today announced the acquisition of Orda Africa (“Orda”), a leading cloud-based restaurant management platform operating in Nigeria.

Under the terms of this acquisition, Orda will become part of the Moniebook platform, Moniepoint’s all-in-one Point-of-Sale (POS) and business management platform. Since launching its business management tools product in 2025, Moniebook has rapidly become the go-to platform for thousands of African businesses seeking integrated financial and operational tools, seamlessly unifying payments and bookkeeping in one platform.

With Orda, restaurant owners can now gain access to this proven ecosystem that creates unprecedented opportunities to scale operations, optimize performance, and access credit, as well as the extensive reach of Moniepoint which has powered growth for millions of African businesses.

The acquisition comes as Africa’s food service industry experiences unprecedented growth, with the sector valued at $50 billion and Nigeria’s market alone projected to reach $19.31 billion by 2030, growing at 11.73% annually. With Orda’s restaurant-focused capabilities now part of the Moniepoint ecosystem, the platform is well-positioned to capture this opportunity.

Founded in 2015 by Tosin Eniolorunda and Felix Ike, today Moniepoint has grown into one of Nigeria’s leading distributors of financial services as well as a trusted platform for many of the country’s MSMEs especially in the informal sector. The company has considerably expanded its offerings to include digital payments, business and personal banking, credit, cross-border payments, and business management tools with a customer base exceeding 20 million active businesses and personal banking customers and processes over US$250 billion in digital payments transaction value annually.

Tosin Eniolorunda, Co-Founder and Group CEO of Moniepoint Inc., said:

“The food industry isn’t just about feeding people, it’s a major source of jobs and daily survival for many Africans. It highlights how vital the informal sector is, not just for the economy, but for everyday life across the continent.

“Data has shown us that Africa’s restaurant sector is one of the continent’s most dynamic economic engines, yet the majority of food businesses still operate with manual processes and fragmented tools. By bringing Orda into Moniepoint, we are giving restaurant owners what they deserve: one simple platform that handles everything from managing their kitchen to growing their business. Our goal remains to create financial happiness for Africans, giving them the tools to reach their full potential and that’s exactly what we’ve built here.”

Founded in 2020, Orda was built to give Africa’s small and independent restaurants the tools they need to run more efficiently, providing a purpose-built software to businesses that had long operated without it.

Guy Futi, CEO of Orda, reassured existing customers: “Orda has found the perfect home in Moniepoint. We have spent years building deep expertise in restaurant operations, but we have always known that to truly transform the industry, we needed to connect that expertise with comprehensive financial infrastructure. That’s exactly what this integration delivers. For our customers, we are assuring a smooth transition with no disruption to the platform and retained access to the support you are used to. What changes is your access to opportunities. Over the coming weeks, being part of Moniepoint means you’ll have more tools, more reach, and more ways to grow your business than ever before.”

Combining their respective strengths, Moniepoint and Orda deliver a purpose-built solution that empowers food businesses at every scale to manage orders, track inventory, pay suppliers, and access working capital, all in one seamless experience. This move represents a demonstrated commitment to building a dedicated financial infrastructure designed around the unique complexity of Africa’s food economy.

For the millions of food entrepreneurs across the continent, from the everyday buka owner to the high-end restaurateur, this acquisition means less time managing multiple tools or carrying out arduous manual work and more time doing what they do best – feeding Africa.

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