Moniepoint has taken a strategic step into Africa’s food economy by acquiring Orda Africa.
Orda operates as a cloud-based restaurant management platform, helping small businesses simplify and streamline daily operations.
Moniepoint Expands Into Food Economy
Following the deal, Moniepoint will integrate Orda into its Moniebook platform, launched in 2025 for business management.
Consequently, Moniebook now combines point-of-sale, bookkeeping, and operational tools into a single ecosystem for restaurants.
As a result, restaurant operators can manage orders, track inventory, pay suppliers, and access working capital easily.
Moreover, Moniepoint opens access to its broader financial infrastructure, including payments and credit services, for restaurants.
Market Opportunity And Growth
Africa’s food services industry totals around $50 billion, while Nigeria alone could reach $19.31 billion by 2030.
Furthermore, the Nigerian market grows about 11.7% annually, creating opportunities for technology-driven efficiency improvements.
Because many restaurants still rely on manual processes, Moniepoint provides digital solutions to scale operations effectively.
In January 2026, multiple fintech acquisitions signalled a broader trend of consolidation across Nigeria’s technology sector.
For instance, Flutterwave acquired Mono, and Paystack expanded into banking through Ladder Microfinance Bank.
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Additionally, Andela acquired Woven, offering AI-enabled technical assessments, which emphasises strategic technology integration value.
Driving Digital Transformation
Industry experts suggest that these deals reflect selective consolidation, as companies respond to tighter capital and growth challenges.
With the Orda acquisition, Moniepoint secures its fourth major startup deal in Nigeria this year alone.
Therefore, the company positions itself to dominate the intersection of finance and Africa’s fast-growing food sector.
For restaurant owners, Moniebook with Orda simplifies operations, reduces manual work, and enhances financial visibility dramatically.
By digitising restaurant management, Moniepoint strengthens its footprint and delivers tools critical for sustainable business growth.
Ultimately, this acquisition demonstrates how fintech companies increasingly reshape sectors beyond traditional financial services in Nigeria.
