Nigerian Restaurant Management Platform Orda Acquired By Moniepoint

Nigerian startup Orda Africa, a cloud-based restaurant management platform, has been acquired by tech unicorn Moniepoint, an all-in-one financial ecosystem platform for individuals, businesses and their customers, for an undisclosed amount.

Founded as TeamApt in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint is an all-in-one financial ecosystem, helping 10 million businesses and individuals access seamless payments, banking, credit, and business management tools.

The company raised US$110 million in Series C equity funding in late-2024 and followed that up with a further US$200 million last year. Its growth path that has seen it, among other things, launch a remittances corridor to the UK and expand operations into Kenya.

Now, it has acquired Orda, a leading cloud-based restaurant management platform, which will now become part of the Moniebook platform, Moniepoint’s all-in-one Point-of-Sale (POS) and business management platform. Restaurant owners can now gain access to this proven ecosystem that creates unprecedented opportunities to scale operations, optimise performance, and access credit, as well as the extensive reach of Moniepoint which has powered growth for millions of African businesses.

The acquisition comes as Africa’s food service industry experiences unprecedented growth, with the sector valued at US$50 billion and Nigeria’s market alone projected to reach US$19.31 billion by 2030, growing at 11.73 per cent annually. With Orda’s restaurant-focused capabilities now part of the Moniepoint ecosystem, the platform is well-positioned to capture this opportunity. 

“Orda has found the perfect home in Moniepoint. We have spent years building deep expertise in restaurant operations, but we have always known that to truly transform the industry, we needed to connect that expertise with comprehensive financial infrastructure. That’s exactly what this integration delivers,” said Guy Futi, CEO of Orda. 

“For our customers, we are assuring a smooth transition with no disruption to the platform and retained access to the support you are used to. What changes is your access to opportunities. Over the coming weeks, being part of Moniepoint means you’ll have more tools, more reach, and more ways to grow your business than ever before.”

Combining their respective strengths, Moniepoint and Orda deliver a purpose-built solution that empowers food businesses at every scale to manage orders, track inventory, pay suppliers, and access working capital, all in one seamless experience. This move represents a demonstrated commitment to building a dedicated financial infrastructure designed around the unique complexity of Africa’s food economy.

“The food industry isn’t just about feeding people, it’s a major source of jobs and daily survival for many Africans. It highlights how vital the informal sector is, not just for the economy, but for everyday life across the continent,” said Tosin Eniolorunda, co-founder and group CEO of Moniepoint.

“Data has shown us that Africa’s restaurant sector is one of the continent’s most dynamic economic engines, yet the majority of food businesses still operate with manual processes and fragmented tools. By bringing Orda into Moniepoint, we are giving restaurant owners what they deserve: one simple platform that handles everything from managing their kitchen to growing their business. Our goal remains to create financial happiness for Africans, giving them the tools to reach their full potential and that’s exactly what we’ve built here.”

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