Moniepoint, one of Africa’s fastest-growing financial technology companies, has announced the acquisition of Orda Africa, a restaurant management and point-of-sale platform, in a move that significantly expands its footprint in Nigeria’s food service sector and deepens its suite of business solutions for one of the continent’s most active economic segments.
The acquisition brings Orda’s existing restaurant management capabilities under Moniepoint’s financial infrastructure, creating what the company describes as a one-stop platform for food service businesses to manage operations, access financing, and process payments — all from a single system.
Speaking on the deal, Tosin Eniolorunda, Group Chief Executive Officer of Moniepoint, said the food service industry represents a critical but underserved part of Africa’s economy. “Africa’s restaurant sector is one of the continent’s most dynamic economic engines, creating jobs, feeding communities and driving financial growth,” he said. “By bringing Orda into Moniepoint, we’re giving restaurant owners one simple platform to manage operations and scale their businesses.”
The acquisition follows Moniepoint’s 2025 launch of Moniebook, an all-in-one bookkeeping solution enabling businesses to manage payments, sales, and inventory on a unified platform. Orda now joins that ecosystem as a vertical-specific extension, with plans to eventually integrate fully into Moniebook and operate as “Moniebook for Restaurants.”
Under the new arrangement, Orda-powered businesses will gain access to a significantly expanded set of capabilities. These include payment systems integrated with Moniepoint’s existing terminals for seamless transactions; embedded credit products linked to business performance data and supported by Moniepoint Microfinance Bank; real-time inventory tracking with automated re-ordering across multiple locations; built-in tools for creating branded restaurant microsites; comprehensive financial reporting covering top-selling items, peak sales hours, and category performance; and staff management tools for organising roles and system access.
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Moniepoint has moved to reassure existing Orda users that the transition will be seamless. The company confirmed there will be no service interruptions, no changes to existing contracts or pricing, and no disruption to support teams already in place. What changes, it said, is access — Orda users will now be able to draw on Moniepoint’s full suite of financial services from within the platform they already use.
The acquisition marks another step in Moniepoint’s decade-long mission to deliver what it calls “financial happiness” to African businesses — a goal the company says it has advanced by powering millions of enterprises across industries since its founding.
With the food service sector serving millions of Nigerians daily, the Orda deal gives Moniepoint a direct channel into one of the most transactionally active segments of the Nigerian economy, and a platform from which to deepen its embedded finance play well beyond payments.
