Nigerian fintech giant Moniepoint has acquired Orda, a cloud-based restaurant management platform, in a strategic push to integrate its payment technology more deeply into merchants’ day-to-day operations. Following the deal, Orda will be rebranded as Moniebook for Restaurants and incorporated into Moniepoint’s wider business management suite, Moniebook.
The move signals a decisive shift in Moniepoint’s growth strategy, as it transitions from a payments-focused provider to a full-service operating system aimed at powering African businesses from end to end.
Expanding into Nigeria’s growing food service market
The acquisition strengthens Moniepoint’s foothold in Nigeria’s fast-growing food service industry, projected to reach $12.37 billion by 2026. The company already processes significant volumes of restaurant transactions across the country. In 2025 alone, Nigerians spent an estimated $5.83 million daily in restaurants using Moniepoint’s infrastructure.
Despite this scale, the sector continues to grapple with outdated, manual processes that limit efficiency. According to Tosin Eniolorunda, Group CEO of Moniepoint, the food service industry is a critical economic driver but remains constrained by operational bottlenecks that modern technology can address.
Orda has built its reputation by focusing specifically on restaurant workflows. Its platform supports detailed functions such as ingredient-level inventory tracking, menu and recipe management, and other operational needs unique to food businesses. Its adoption by major brands, including chains under the Eat’N’Go group, operators of Domino’s Pizza and Cold Stone Creamery in Nigeria, highlights its strong market fit.
Integrating payments with restaurant operations
Moniepoint plans to unify restaurant operations that are typically fragmented across multiple systems. Under Moniebook for Restaurants, staff will be able to take orders and process payments directly through a Moniepoint POS terminal within a single software environment.
This integration will deliver:
- Instant payment confirmation
- Automatic transaction closure
- Consolidated digital receipts
- Removal of manual reconciliation processes
By bringing these functions together, Moniepoint aims to eliminate inefficiencies and reduce risks such as payment leakage, including misdirected transfers or the use of unauthorised payment channels. Every transaction will be directly linked to the restaurant’s management system, ensuring secure and transparent fund flows.
Over time, the data generated from these transactions is expected to support new financial services, including tailored working capital loans based on each business’s sales patterns and cash flow.
Building a unified restaurant ecosystem
A key part of Moniepoint’s roadmap is deeper integration with food delivery platforms such as Chowdeck and Glovo. Orda already allows restaurants to manage orders from these services within a single dashboard, and Moniepoint plans to enhance this capability within the Moniebook ecosystem.
The goal is to give restaurant operators a unified interface to handle walk-in, online and delivery orders seamlessly.
Although the acquisition covers only Orda’s Nigerian operations, it is expected to significantly boost Moniepoint’s transaction volumes while strengthening its engagement with merchants. For restaurant owners, the combined platform offers a single system to manage inventory, track sales, control payments and run daily operations more efficiently.
A defining moment for fintech and food service in Nigeria
Moniepoint’s acquisition of Orda marks a significant development for both Nigeria’s fintech and food service sectors. By linking back-office operations with real-time payments, the company is positioning itself as an embedded partner in business growth.
The deal also reflects a broader trend across Africa, where fintech firms are increasingly combining financial services with operational tools to create integrated business ecosystems. With this move, Moniepoint sets a new standard for how financial infrastructure can be woven into everyday business workflows, shaping the future of digital commerce and restaurant management across the continent.
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