Fintech company, Moniepoint has announced the acquisition of Orda Africa, a cloud-based restaurant management platform, in a move that strengthens its play in Africa’s fast-growing food services sector.
The company disclosed on Monday that Orda will be integrated into its Moniebook platform, an all-in-one point-of-sale and business management solution launched in 2025.
The integration is expected to combine payments, bookkeeping, and operational tools into a single ecosystem tailored for small and medium-sized food businesses.
Moniepoint’s latest move adds to a growing wave of consolidation in Nigeria’s fintech sector, where players are expanding capabilities through acquisitions and strategic partnerships.
In January 2026 alone, three notable transactions were announced, including Flutterwave’s acquisition of Mono, Pastack’s acquisition of Ladder Microfinance Bank, and Andela’s acquisition of Woven, underscoring the momentum behind this trend.
Co-founder and CEO, Tosin Eniolorunda, said the deal reflects the company’s focus on supporting Africa’s informal sector, particularly food businesses that play a critical role in employment and daily commerce.
“The food industry isn’t just about feeding people, it’s a major source of jobs and daily survival for many Africans,” he said, noting that the integration will simplify business operations and unlock growth opportunities for restaurant owners.
CEO of Orda, Guy Futi, said the partnership offers a pathway to scale the platform’s impact by combining operational tools with financial services.
He assured customers of a seamless transition, adding that existing users will retain access to the platform while benefiting from expanded capabilities, including access to credit and broader market reach.
