Moniepoint, a Visa-backed Nigerian fintech unicorn, has acquired Orda, a cloud-based restaurant administration platform, in a transfer that deepens its push to embed funds immediately into the day by day operations of retailers.
Orda shall be rebranded Moniebook for Eating places and built-in into Moniebook, Moniepoint’s enterprise administration platform. Orda will proceed to function as a standalone enterprise till the total integration is accomplished within the coming months.
The acquisition displays Moniepoint’s rising ambition to evolve from a funds processor right into a full-stack working system for African companies, dealing with the whole lot from gross sales and stock to funds and monetary companies.
It additionally highlights a gradual shift in Africa’s expertise ecosystem, the place mergers and acquisitions are more and more rising as development methods for bigger startups and exit pathways for smaller ones. In January, Flutterwave acquired open banking startup Mono in an all-stock transaction, valued between $25 million and $40 million, to scale its bank-linked fee system capabilities.
Orda at present operates in Nigeria and Kenya, however the acquisition solely covers its Nigerian operations, Moniepoint clarified, leaving the opportunity of a broader consolidation involving its Kenyan arm sooner or later.
The deal’s worth was not disclosed, and about 25 members of Orda’s workforce have joined Moniepoint, in response to folks near the deal. The six-year-old restaurant expertise firm raised $4.5 million in seed funding in 2022.
Why Moniepoint is betting on Orda
Nigeria’s meals service market is anticipated to hit $12.37 billion in 2026, in response to Mordor Intelligence, a worldwide perception agency. Eating places are additionally already a significant supply of transaction quantity for Moniepoint: Nigerians spent ₦8 billion ($5.83 million) day by day at eating places in 2025 utilizing Moniepoint’s fee infrastructure, in response to the corporate.
“Knowledge has proven us that Africa’s restaurant sector is among the continent’s most dynamic financial engines,” mentioned Tosin Eniolorunda, group chief government officer of Moniepoint. “But the vast majority of meals companies nonetheless function with guide processes and fragmented instruments.”
Past scale, eating places have operational complexities that generic bookkeeping platforms lack. Not like retail shops, eating places observe elements slightly than completed items, handle menus as an alternative of straightforward merchandise lists, and infrequently take care of combos and recipes. Orda was constructed particularly to deal with these wants.
The platform already powers restaurant operations for main Nigerian chains akin to these below the Eat’N’Go group, which operates Domino’s Pizza and Chilly Stone Creamery franchises.
In its 2024 meals pattern tracker, Orda disclosed that over 1,075 eating places relied on its platform, with 31,600-plus menu objects listed. Essentially the most ordered objects have been beef, jollof rice, and water. It processed over 5.2 million transactions in 2024.
However whereas Orda manages restaurant operations, funds nonetheless occur outdoors the system.
With this acquisition, Moniepoint positive aspects each the expertise and a ready-made base of restaurant prospects, whereas including the fee layer.
Going full-stack for eating places
In most eating places at this time, the gross sales course of is fragmented.
A cashier data an order in a single system, processes the fee on a separate level of sale terminal, and later reconciles each manually. The disconnect creates operational inefficiencies and will increase the danger of reconciliation errors or fee leakage.
Moniepoint’s integration goals to break down that workflow right into a single system.
Below the brand new setup, a cashier data a sale contained in the restaurant administration software program, now Moniebook for Eating places. The client then pays utilizing a Moniepoint terminal by card or financial institution switch. The system routinely confirms the fee, closes the transaction, and generates a receipt that displays each the sale and fee particulars.
As a result of funds and gross sales data are immediately linked, reconciliation occurs routinely, and restaurant house owners can observe efficiency from the Moniebook dashboard.
The combination additionally addresses some of the persistent issues in small enterprise operations: funds routed by unofficial PoS terminals or misdirected transfers.
By tying transactions on to the enterprise’s administration system, funds movement straight into the service provider’s account.
Over time, the transaction information generated by this method may feed into Moniepoint’s broader monetary companies ecosystem.
By analysing fee volumes, stock turnover, and gross sales patterns, the corporate may generate insights about restaurant efficiency and probably provide companies akin to working capital loans.
The automated fee function is anticipated to launch on the present Orda platform within the coming weeks.
Current Orda prospects will start seeing gradual modifications to the platform, together with a shift from Orda’s inexperienced interface to Moniepoint’s signature blue branding as the mixing progresses.
“For our prospects, we’re assuring a easy transition with no disruption to the platform and retained entry to the assist you might be used to,” mentioned Man Futi, CEO of Orda. “What modifications is your entry to alternatives. Over the approaching weeks, being a part of Moniebook means you’ll have extra instruments, extra attain, and extra methods to develop your enterprise than ever earlier than.”
New eating places shall be onboarded on Moniebook for Eating places as the corporate works on the total integration of each platforms.
Bringing supply platforms into the system
One other a part of the mixing Moniepoint is prioritising is connectivity with meals supply platforms akin to Chowdeck and Glovo.
Many eating places in Nigeria obtain orders from a number of channels, akin to walk-in prospects and supply apps, however handle them individually. Workers typically manually copy supply orders into restaurant methods, a course of that slows down operations and creates room for errors.
Orda already integrates with supply aggregators, permitting eating places to sync menus and obtain incoming orders from platforms like Chowdeck and Glovo immediately inside their dashboard.
Because the platform turns into a part of Moniebook, these integrations are anticipated to develop into its broader ecosystem.
Constructing an working system for African companies
Moniepoint started as a funds infrastructure supplier however has steadily expanded its product stack.
The corporate now presents enterprise banking, lending, cross-border funds, and service provider instruments. In 2025 alone, Moniepoint processed ₦412 trillion ($300.39 billion) in transaction volumes.
Moniebook, the platform absorbing Orda, launched in 2025 as the corporate’s try to mix bookkeeping, stock monitoring, and funds right into a single working system for companies.
Since launch, the product has processed greater than 12.6 million gross sales transactions, in response to the corporate.
Orda’s acquisition routinely will increase the variety of distinctive companies utilizing Moniebook by near 50%, folks near the deal mentioned.
Whereas the deal will in the end improve transaction volumes flowing by Moniepoint’s community, the corporate says quantity isn’t the quick goal.
As a substitute, the technique is to make its fee infrastructure embedded contained in the operational software program companies depend on every single day.
If funds are constructed immediately into how companies run their operations, switching suppliers turns into considerably more durable.
Eating places are solely step one. There are indications that Moniepoint is planning to construct or purchase industry-specific software program layers for different sectors because it continues to scale Moniebook.
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