Foodics Fuels Restaurant Innovation with Acquisition and Startup Investments

Foodics, the MENA region's leading restaurant and payments technology company, has announced the acquisition of Solo Venture, a UK-based provider of self-ordering kiosks, white-label websites, and app-based ordering solutions. This landmark acquisition was unveiled during LEAP 2025, held in Riyadh, Saudi Arabia, from February 9th to 12th. The move reinforces Foodics' commitment to delivering a comprehensive 360° SaaS ecosystem for the food and beverage (F&B) industry.

Enhancing Restaurant Operations with Advanced Self-Service Solutions

Solo Venture's innovative technology empowers restaurants to expand sales channels while enhancing customer experiences. With AI-driven self-service kiosks and analytics-powered platforms, Solo streamlines the entire ordering process, helping businesses drive revenue growth. By integrating Solo's cutting-edge solutions into the Foodics ecosystem, restaurants will gain access to an all-in-one platform that simplifies operations across dine-in, online ordering, payments, and performance analytics.

Ahmad Al-Zaini, CEO and Co-Founder of Foodics commented, “This acquisition is a significant step in our mission to build the most comprehensive restaurant management platform in MENA and beyond. To further support our ecosystem and the future of tech in the F&B sector, we are allocating $100M in strategic acquisitions and investments in Fintech, AI, and other transformative technologies over the coming three years.”

Strategic Investments in Transformative Startups

Alongside the Solo acquisition, Foodics has announced investments in three pioneering startups, each set to revolutionize key aspects of the F&B industry:

> Norma: AI-Powered Business Intelligence - Norma, a Greek-based startup, offers an intuitive AI-powered data analytics platform designed for non-technical users. It empowers business owners and professionals to act as "data scientists," providing instant insights and answers without complex software. This user-friendly approach helps restaurant owners make smarter, data-driven decisions to fuel future growth.

> Add: Simplifying Accounting for SMBs - Add provides an advanced accounting system tailored for small and medium-sized businesses (SMBs). This platform enables Foodics customers to efficiently capture accurate data inputs, generate detailed financial reports, and streamline employee payroll management. The solution enhances operational efficiency while ensuring precise financial oversight.

> Arzaq Plus: Revolutionizing the F&B Supply Chain - Arzaq Plus is transforming the F&B supply chain through AI, data analytics, and smart logistics. The platform optimizes sourcing, reduces waste, and enhances restaurant and café operations. A notable highlight of this partnership is the introduction of a "Buy Now, Pay Later" (BNPL) feature for restaurant bills, offering flexible cash flow management while boosting profitability.

Anas Alghanim, the Director of Corporate Development at Foodics, added, “At Foodics, every investment we make is aimed at creating valuable solutions that drive growth and deliver tangible success, ensuring that we empower our partners and customers to shape the future of the industry.”

Celebrating a Decade of Innovation and Leadership

This announcement coincides with Foodics Group's 10th anniversary, celebrating a decade of innovation in the MENA region's restaurant technology sector. Since its inception, Foodics has empowered over 30,000 F&B businesses across 30 countries, delivering tailored technology solutions that optimize operations, enhance customer experiences, and drive profitability.

With these strategic moves, Foodics continues to solidify its position as a leader in the global restaurant technology space, shaping the future of the F&B industry one innovation at a time.