The deal will see Orda rebranded as Moniebook for Restaurants and integrated into Moniepoint’s broader business management platform, Moniebook. While Orda will continue to operate independently in the short term, full integration is expected in the coming months.
The acquisition underscores Moniepoint’s ambition to evolve from a payments processor into a full-stack operating system for businesses across Africa—handling sales, inventory, payments, and access to financial services within a unified ecosystem.
Rising M&A Trend in African Tech
The move reflects a broader shift within Africa’s startup ecosystem, where mergers and acquisitions are increasingly becoming a pathway for growth and consolidation. Earlier this year, Flutterwave acquired Mono to strengthen its bank-linked payment capabilities, highlighting a growing trend among larger fintech firms seeking to scale through strategic deals.
Although Orda operates in both Nigeria and Kenya, Moniepoint clarified that the current acquisition covers only its Nigerian business, leaving room for potential expansion into other markets in the future. Financial details of the transaction were not disclosed, but about 25 Orda employees are said to be joining Moniepoint as part of the deal.
Betting on Nigeria’s Growing Food Sector
The acquisition is closely tied to the rapid growth of Nigeria’s food service industry, projected to reach $12.37 billion by 2026. Restaurants already represent a significant share of transaction volume on Moniepoint’s network, with billions of naira spent daily through its infrastructure.
Orda, founded to address the operational complexities of restaurants, provides tools tailored to the sector—managing ingredients, menus, and orders, unlike generic retail systems. Its platform currently supports over 1,000 restaurants and processes millions of transactions annually, including for major chains under the Eat’N’Go, which operates franchises like Domino’s Pizza and Cold Stone Creamery.
Closing the Gap Between Sales and Payments
A key driver behind the acquisition is the fragmentation in how many restaurants handle transactions. Typically, orders are recorded in one system, while payments are processed separately—creating inefficiencies and reconciliation challenges.
With Orda’s technology integrated into Moniebook, Moniepoint aims to unify this workflow. Transactions will be recorded, paid for, and reconciled within a single system, reducing errors and eliminating payment leakages. This also ensures that funds flow directly into merchant accounts, improving transparency and control.
Data-Driven Financial Services
Beyond operational efficiency, the integration opens up new opportunities for data-driven financial services. By analysing sales patterns, inventory turnover, and payment flows, Moniepoint can generate insights into business performance and potentially offer tailored products such as working capital loans.
The automated payment feature is expected to roll out on the Orda platform in the coming weeks, with existing users gradually transitioned to Moniepoint’s ecosystem.
Expanding Into a Business Operating System
Moniepoint has steadily expanded its offerings beyond payments to include business banking, lending, and cross-border services. Its platform processed over ₦412 trillion in transactions in 2025 alone, underscoring its scale in Nigeria’s financial ecosystem.
The integration of Orda is expected to significantly increase adoption of Moniebook, reinforcing Moniepoint’s strategy of embedding payments within the software businesses rely on daily—making its services more integral and harder to replace.
Looking ahead, the company is expected to replicate this model across other sectors, building or acquiring industry-specific tools as it positions itself as a comprehensive operating system for African businesses.