Moniepoint Acquires Orda’s Nigeria Business to Expand in Restaurant Tech

Moniepoint has acquired the Nigerian operations of Orda, a restaurant management platform, in a move that pushes the payments company deeper into day-to-day restaurant operations and sets up a more direct contest with food-tech player Chowdeck.

The deal, for an undisclosed amount, covers Orda’s business in Nigeria and will see its tools folded into Moniepoint’s ecosystem under a new name: Moniebook for Restaurants. Orda’s Kenyan operations will remain independent.

Founded in 2020 by Guy Futi, Fikayo Akinwale, Mark Edomwande, Kunle Ogungbamila, and Namir El-Khouri, Orda built a software stack for restaurants in Nigeria and Kenya. Its product suite includes:

• Point-of-sale (POS) systems for payments
• Inventory management
• Website tools
• Credit services
• Business analytics

The startup has raised more than $5 million from investors such as LoftyInc Capital, Microtraction, DFS Labs, and Magic Fund. As part of the transaction, 25 members of Orda’s team have joined Moniebook.

These capabilities will now be integrated into Moniebook and rebranded as Moniebook for Restaurants, positioning the product as more than just a payment channel. Instead, Moniepoint is moving toward a unified restaurant “operating system” that brings together ordering, payments, and performance tracking.

For many restaurants today, operations are fragmented: orders might be recorded in one application while payments are processed separately through POS terminals. This creates gaps and forces business owners to reconcile records manually. By combining software for operations and payments in one place, Moniepoint is aiming to reduce errors, cut reconciliation work, and give restaurants clearer visibility into their sales and performance.

The strategy also builds on an area where Moniepoint already has significant traction. Restaurants account for a major share of transactions on its network, with Nigerians spending more than ₦8 billion daily through its terminals in 2025 alone. Rather than entering a new vertical, the company is embedding itself further into an existing one by integrating its payment rails directly into restaurant workflows.

Moniepoint’s move follows similar consolidation elsewhere in Nigeria’s food and retail tech space. In 2025, Chowdeck acquired Mira, a startup that offered POS systems, inventory tools, and customer engagement software for restaurants.

That deal gave Chowdeck more control over the software layer that restaurants use to manage their operations, adding to its presence in food delivery and logistics. With Orda now inside Moniepoint’s network, the competition over who owns the “restaurant stack” — from ordering and in-store transactions to analytics and customer relationships — is intensifying.

Both approaches point to the same underlying shift: payments alone are no longer enough. The advantage lies in controlling the software where transactions originate and are recorded. For Moniepoint, bringing Orda’s stack into Moniebook makes it possible for merchants to:

• Manage orders and menus
• Accept and reconcile payments in one environment
• Track inventory, sales, and performance over time

This tighter integration also strengthens the foundation for financial services. With more detailed data on transaction volumes, inventory patterns, and revenue flows, Moniepoint can better understand business risk and tailor products like working capital loans to restaurant operators.

For Orda, the acquisition offers a path to scale its technology within a larger financial and payments infrastructure, giving its software access to Moniepoint’s merchant base. For Moniepoint, it brings in a ready-made product built specifically around the realities of restaurant operations, plus an existing customer base and team with domain experience.

Existing Orda users in Nigeria are expected to transition gradually into the Moniebook for Restaurants environment, gaining access to Moniepoint’s broader set of tools and services as the integration progresses.