Moniepoint Inc., an all-in-one financial ecosystem platform for individuals, businesses, and their customers, has announced the acquisition of Orda Africa, a cloud-based restaurant management platform operating in Nigeria. The move signals a strategic push by Moniepoint to expand its presence in the food service sector while strengthening its mission of providing integrated financial and operational tools.

Under the terms of the deal, Orda will be integrated into Moniebook, Moniepoint’s point-of-sale (POS) and business management platform launched in 2025. Moniebook has gained traction among African businesses by combining payments, bookkeeping, and operational management into a single platform. With Orda’s restaurant-focused capabilities now embedded, the platform is expected to deliver more tailored solutions for food businesses.

The acquisition comes at a time when Africa’s food service industry is valued at $50 billion. Nigeria’s market alone is projected to reach $19.31 billion by 2030, growing at an annual rate of 11.73%. Despite this growth, many food businesses still rely on manual processes and fragmented systems—gaps that Moniepoint aims to address through this integration.

Founded in 2015, Moniepoint has expanded its presence in Nigeria’s financial services sector, serving over 20 million businesses and individuals and processing more than $250 billion in annual digital payment transactions. Its offerings include digital payments, banking, credit, cross-border transactions, and business management tools, with a focus on supporting MSMEs, particularly in the informal sector.

Tosin Eniolorunda, Co-Founder and Group CEO of Moniepoint Inc., emphasized the broader significance of the acquisition, stating:

“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 designed to equip small and independent restaurants with tools to run more efficiently. Its platform enables businesses to manage orders, track inventory, and streamline operations—capabilities that will now be enhanced by Moniepoint’s financial infrastructure.

Guy Futi, CEO of Orda, described the acquisition as a natural fit and reassured customers about the transition:

“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.”

By combining their respective strengths, Moniepoint and Orda aim to offer a purpose-built solution for food businesses across Africa. From managing orders and inventory to paying suppliers and accessing working capital, the integrated platform is designed to simplify operations and support growth.

The acquisition reflects Moniepoint’s focus on building financial infrastructure tailored to Africa’s economic landscape. For food entrepreneurs across the continent—from small roadside vendors to high-end restaurateurs—the deal is expected to reduce operational complexity and create more opportunities to scale.