As Moniepoint acquires Orda, the battle for Nigeria’s restaurant stack intensifies with Chowdeck

The tech space in Nigeria has just gotten more competitive with the acquisition of Orda, a restaurant management platform, by Moniepoint. This deal marks a significant development in the battle for market share in the country's restaurant tech space. Orda's platform, which provided a range of services including point-of-sale systems, inventory management, and business analytics, will now be integrated into Moniebook, a product of Moniepoint. The acquisition is expected to intensify competition in the space, with the likes of Chowdeck already making waves with its own set of offerings.

Moniepoint's acquisition of Orda is not just about expanding its reach, but also about deepening its presence in the existing market. Restaurants already account for a significant share of transaction volume on its network, with Nigerians spending over ₦8 billion through its terminals in 2025 alone. By integrating operations software into its payment infrastructure, Moniepoint aims to reduce inefficiencies in how restaurants operate. The company 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 of Orda's technology into Moniebook is expected to 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. This could be a game-changer for the restaurant industry in Nigeria, where access to capital is often a major challenge.