Moniepoint Inc., Africa’s all-in-one financial ecosystem platform for individuals, said it has acquired Orda Africa, a cloud-based restaurant management platform in Nigeria, in a move aimed at integrating financial services with business operations tools..
The deal solidifies Moniepoint’s deepening ambition to move beyond payments into full-stack business infrastructure, particularly within Africa’s fast-growing food services sector. Following the acquisition, Orda will be integrated into Moniepoint’s flagship business management platform, Moniebook, effectively creating a unified ecosystem that combines financial services with operational tools tailored for small and medium-sized enterprises (SMEs).y
The acquisition comes at a time when Africa’s food service industry is witnessing significant expansion. Estimated at $50 billion across the continent, the sector is increasingly being recognised as a critical driver of employment and economic activity. In Nigeria alone, the market is projected to grow to $19.31 billion by 2030, expanding at an annual rate of 11.73 per cent.
By integrating Orda’s restaurant-focused capabilities into its broader platform, Moniepoint is seen positioning itself at the centre of a largely underserved but high-velocity segment of the informal and semi-formal economy.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint has evolved from a payments-focused startup into one of Nigeria’s leading financial services distribution platforms. Today, the company serves over 20 million individuals and businesses, processing more than $250 billion in annual transaction value.
Its offerings now span digital payments, business and personal banking, credit services, cross-border transactions, and enterprise tools.
The launch of Moniebook in 2025 marked a pivotal step in this evolution. Designed as an all-in-one platform, Moniebook integrates point-of-sale (POS) systems with bookkeeping and financial management tools, enabling businesses to manage both their operations and finances from a single interface.
With Orda’s integration, Moniebook gains specialised capabilities for the restaurant sector, including order management, inventory tracking, and kitchen operations; features that extend its utility beyond generic business tools into industry-specific solutions.
Speaking on the acquisition, Tosin Eniolorunda, Moniepoint’s co-founder and Group CEO, emphasised the economic significance of the food sector and the rationale behind the deal.
“The food industry isn’t just about feeding people; it’s a major source of jobs and daily survival for many Africans. By bringing Orda into Moniepoint, we are giving restaurant owners a single platform that handles everything—from managing their kitchen to growing their business,” he said.
For Orda, the acquisition represents an opportunity to scale its impact beyond standalone software. Founded in 2020, the company built its reputation by providing digital tools to small and independent restaurants, an underserved segment that often lacks access to formal financial infrastructure.
According to Guy Futi, CEO of Orda, the integration addresses a longstanding gap between operational efficiency and financial capability.
“We have always known that to truly transform the industry, we needed to connect our operational expertise with comprehensive financial infrastructure. Being part of Moniepoint gives our customers more tools, more reach, and more ways to grow,” Futi said.
The transition, he added, will be seamless, with existing users retaining access to Orda’s platform while benefiting from expanded features and financial services.
One of the most significant implications of the acquisition lies in its potential to unlock credit for food businesses. By combining transaction data, inventory records, and operational metrics within a single platform, Moniepoint can build more accurate risk profiles for SMEs, an essential step in extending working capital to traditionally underserved businesses.
This data-driven approach to lending is expected to prove transformative for restaurant operators, many of whom struggle to access financing due to limited credit histories or informal business structures.
Beyond credit, the integrated platform also enables businesses to streamline supplier payments, optimise inventory management, and gain real-time insights into performance.
The acquisition further reflects a strategic direction within Africa’s fintech landscape, where companies are increasingly moving to embed themselves deeper into the daily operations of SMEs.
Rather than offering standalone financial services, platforms like Moniepoint are building ecosystems that combine payments, banking, and business management.
As competition intensifies within Africa’s fintech space, Moniepoint’s acquisition of Orda signals a clear intent to differentiate through vertical specialisation. By tailoring its platform to the unique needs of specific industries, the company is not only expanding its market reach but also deepening customer engagement.
Ultimately, the deal positions Moniepoint at the intersection of finance, technology, and one of Africa’s most essential industries. As the continent’s food economy continues to expand, the company is betting that the future of fintech lies not just in enabling transactions, but in powering entire business ecosystems.
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