Moniepoint Inc. , Africa’s leading all-in-one financial ecosystem for individuals, businesses, and their customers, has announced the acquisition of Orda Africa (“Orda”), a fast-growing cloud-based restaurant management platform operating in Nigeria.
Following the acquisition, Orda will be fully integrated into Moniebook, Moniepoint’s comprehensive Point-of-Sale (POS) and business management platform. Since its launch in 2025, Moniebook has rapidly gained traction among thousands of African businesses by seamlessly combining payments, bookkeeping, and operational tools into a single, unified platform.
The integration of Orda significantly enhances Moniepoint’s capabilities within the food and hospitality sector. Restaurant owners leveraging the platform will now benefit from an expanded ecosystem designed to streamline operations, improve efficiency, and unlock access to credit, while also tapping into Moniepoint’s extensive network that supports millions of businesses across Africa.
This strategic move comes at a time of strong growth in Africa’s food service industry, currently valued at approximately $50 billion. Nigeria alone is projected to reach a market size of $19.31 billion by 2030, growing at an annual rate of 11.73%. With Orda’s specialized restaurant technology now embedded within its ecosystem, Moniepoint is well-positioned to capitalize on this expanding market.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint has evolved into one of Nigeria’s foremost financial services providers, particularly serving micro, small, and medium enterprises (MSMEs) in the informal sector. The company now offers a wide range of services, including digital payments, personal and business banking, credit solutions, cross-border transactions, and business management tools. With over 20 million active users, Moniepoint processes more than $250 billion in annual transaction value.
Commenting on the acquisition, Tosin Eniolorunda, Co-Founder and Group CEO of Moniepoint Inc., said:
“The food industry goes beyond nourishment it is a critical driver of employment and daily livelihood for millions across Africa. It underscores the importance of the informal sector to both economic growth and everyday life. While Africa’s restaurant sector is one of the most dynamic on the continent, many businesses still rely on manual processes and disconnected tools. By integrating Orda into Moniepoint, we are delivering a unified platform that simplifies operations—from kitchen management to business growth. Our mission remains to create financial happiness for Africans by empowering them with the tools to achieve their full potential.”
Founded in 2020, Orda was created to equip small and independent restaurants across Africa with purpose-built digital tools to improve efficiency and scalability addressing long-standing gaps in the sector.
Guy Futi, CEO of Orda, expressed confidence in the transition:
“Joining Moniepoint marks a significant milestone for Orda. While we have built strong expertise in restaurant operations, scaling true industry transformation requires robust financial infrastructure. This integration delivers exactly that. We assure our customers of a seamless transition with no disruption to existing services or support. What changes is the scale of opportunity—access to more tools, broader reach, and enhanced growth potential.”
Together, Moniepoint and Orda will deliver a fully integrated, end-to-end solution tailored to the unique needs of Africa’s food businesses. The combined platform enables users to manage orders, monitor inventory, pay suppliers, and access working capital—all within a single, seamless system.
This acquisition underscores Moniepoint’s commitment to building sector-specific financial infrastructure that addresses the complexities of Africa’s rapidly evolving food economy.
For millions of food entrepreneurs across the continent from local bukas to premium restaurants this development means less reliance on fragmented tools and manual processes, and more focus on what truly matters: serving customers and growing their businesses.
