Moniepoint has acquired the Nigerian operations of Orda, a restaurant management platform, for an undisclosed sum. Orda, founded by Guy Futi, Fikayo Akinwale, Mark Edomwande, Kunle Ogungbamila, and Namir El-Khouri in 2020, provided a suite of products for restaurants in Nigeria and Kenya, including point-of-sale systems for payments, an inventory management system, website tools, credit services, and business analytics.
Those features will now be integrated into Moniebook and rebranded as Moniebook for Restaurants. The startup has raised more than $5 million from investors, including LoftyInc Capital, Microtraction, DFS Labs, and Magic Fund. Orda’s Kenyan operations will still operate independently, and 25 members of the Orda team have already joined Moniebook.
Orda’s acquisition potentially intensifies competition in Nigeria’s restaurant tech space. In 2025, Chowdeck acquired Mira, a startup that provided point-of-sale systems, inventory management, and customer engagement tools for restaurants.
For Moniepoint, the deal is less about entering a new market and more about deepening its presence within an existing one. Restaurants already represent a significant share of transaction volume on its network, with Nigerians spending more than ₦8 billion daily through its terminals in 2025 alone.
Bringing operations software into the mix allows the company to embed its payment infrastructure directly into day-to-day business workflows. Rather than relying on standalone terminals, merchants can manage orders, accept payments, and track performance within a single system.
This approach addresses a long-standing inefficiency in how many restaurants operate. Typically, orders are recorded in one system while payments are processed separately, creating gaps that require manual reconciliation. By combining both layers, Moniepoint is positioning Moniebook as a unified operating system where transactions are automatically matched with sales records, reducing errors and improving visibility for business owners.
The integration could also strengthen Moniepoint’s ability to offer financial services. With deeper access to transaction data, inventory trends, and revenue patterns, the company can better assess risk and extend products like working capital loans to restaurant operators.
For Orda, the deal provides a pathway to scale its technology within a larger financial infrastructure, while for Moniepoint, it brings both a ready customer base and a product tailored to the complexities of restaurant operations. As integration progresses, existing Orda users are expected to transition gradually to the new system, with added access to Moniepoint’s tools and services.
