Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa
12 Articles
12 Articles
What if Moniepoint’s Orda Acquisition Is Really About Lending?
I leaned into the public holiday for a much-deserved rest, and I’m back. If this email was forwarded to you, subscribe now for free: Subscribe now TOGETHER WITH CREDIT DIRECT The goal hasn’t changed. You just needed the right system.Target Yield gives your ambitions a number, a timeline, and 15% p.a. to close the gap. You set the pace. We do the compounding. Reach Your Goals FasterLending is not the footnoteWhen Moniepoint announced its acquisit…
Moniepoint Acquires Orda Africa to Power Africa's Restaurant Economy
Moniepoint Inc., Africa's all-in-one financial ecosystem platform for individuals, businesses and their customers, today announced the acquisition of Orda Africa (“Orda”), a leading cloud-based restaurant management platform operating in Nigeria. Under the terms of this acquisition, Orda will become part of the Moniebook platform, Moniepoint's all-in-one Point-of-Sale (POS) and business management platform. Since launching its business managem…
Moniepoint Acquires Orda to Expand Into Nigeria’s Restaurant Tech Space
Moniepoint, the West African microfinance bank, has acquired Orda, a SaaS product that helps restaurant managers with their operations, including orders and payment, for an undisclosed sum, marking a strategic move to deepen its footprint in Nigeria’s growing food and hospitality sector. Rather than entering a new market, the deal signals Moniepoint’s intent to strengthen its role within an ecosystem it already serves, one where restaurants cont…
Moniepoint acquires Orda Africa
Moniepoint has acquired Orda Africa, integrating the startup's cloud-based restaurant management software into its platform, Moniebook, and creating a unified system that connects orders, payments, inventory and accounting for food vendors and restaurants. The deal extends Moniepoint's reach well beyond transaction processing into the operational infrastructure that food businesses run on daily.Orda, founded in 2020, built its platform specifica…
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