The integration is designed to unify payments, bookkeeping, and operational tools within a single ecosystem tailored to small and medium-sized food businesses, improving efficiency and scalability.
The acquisition underscores Moniepoint’s broader strategy to deepen its presence across key verticals by embedding financial services into sector-specific workflows.
Co-founder and CEO, Tosin Eniolorunda, said the acquisition is part of moved to support Africa’s informal sector, particularly food businesses that serve as a backbone for employment and everyday commerce.
“The food industry isn’t just about feeding people; it’s a major source of jobs and daily livelihood for many Africans,” he said, adding that the integration will streamline operations and unlock growth opportunities for restaurant owners.
Orda CEO Guy Futi said the deal provides an opportunity to scale the platform’s reach and impact by combining operational tools with embedded financial services.
