Moniepoint Acquires Orda To Target Africa’s USD 50 B Restaurant Market

Nigeria’s fintech giant Moniepoint Inc. has acquired restaurant management startup Orda Africa, deepening its push into Africa’s fast-growing food services sector.

Orda will be integrated into Moniepoint’s Moniebook platform, combining payments, bookkeeping, and restaurant operations into a single stack. The move targets a USD 50 B African food market, where many businesses still rely on fragmented, manual systems.

Founded in 2020, Orda provides cloud-based tools for order management, inventory, and kitchen operations. By plugging into Moniepoint’s financial infrastructure, restaurant owners gain access to payments, credit, and business tools in one ecosystem.

The acquisition signals Moniepoint’s broader ambition: evolving from a payments company into a full-stack operating system for Africa’s informal and SME economy, starting with one of its most overlooked but economically critical sectors.