Transaction
Moniepoint's Acquisition of Orda's Operations in Nigeria
- Announced
- 23 March 2026
- Target
- Star Kitchens Group Inc.
- Value
- Undisclosed
- Asset class
- Venture Capital, Corporate Transactions
- Type
- Merger/Acquisition(M&A), Exit
- Instrument
- Ordinary Shares (Equity)
- Lead investors
- Moniepoint Inc.
- Investors
- Moniepoint Inc.
- Sector
- Technology / Application Software, B2B Payments
- Markets
- Nigeria, Kenya
About the target
Star Kitchens Group Inc. (Orda) is a United States-incorporated restaurant technology company with primary operations in Nigeria and Kenya. Established in 2020 and operationally headquartered in Lagos, Nigeria, the company provides a cloud-based operating system purpose-built for African food service businesses. Its platform integrates point-of-sale management, omnichannel order aggregation from third-party delivery applications, inventory management, microsite and branded mobile application tools, business analytics, and credit facilitation via partner lenders. The company serves small and medium-sized restaurants and food chains, including outlets managed by the Eat'N'Go group. As of its 2024 food trend report, Orda powered over 1,075 restaurants, processed more than 5.2 million transactions, and listed over 31,600 menu items. Star Kitchens Group Inc. raised a total of USD 4.5 million across pre-seed and seed rounds. Orda's Nigerian operations were acquired by Moniepoint Inc. for an undisclosed sum in March 2026; it's Kenyan operations continue independently.
Sources
- techcabal.com
- Partner Researchers