Paynas Partners with Restaurant Supplier OneOrder to Provide Financial and Payment Solutions to Merchants
The partnership will see Paynas support the homegrown restaurant-focused logistics platform, OneOrder, in carrying out its expansion plans and upscaling its operations in the ever-growing food and beverage industry in Egypt
Paynas, the leading digital platform specialized in providing employee management services for small, medium and micro enterprises (MSMEs), announced today that it has partnered with OneOrder — Egypt’s one-stop-shop for digitally supplying restaurants with top quality products at affordable price points.
The partnership aims to provide financial and payment solutions to merchants, as well as working capital financing and technical support to OneOrder, enabling the company to deliver on its operational growth strategy and effectively tackle supply chain inefficiencies in the market.
Commenting on the partnership, Mohamed Mounir, Founder and CEO of Paynas, said, “we are incredibly excited to see this collaboration between the platform and OneOrder today. This partnership comes as part and parcel of our strategy to tap into more value-accretive sectors in the market by offering innovative financial solutions that help businesses achieve their desired growth objectives and support them in streamlining their operations. As the food and beverage industry in Egypt continues to grow at breakneck speed, it is important now more than ever to support the high-potential companies that bring to market cutting-edge solutions, and we look forward to further building on this mutually beneficial relationship between Paynas and OneOrder, which will enable both parties to tap into more lucrative growth prospects in the market.”
OneOrder is a tech-driven restaurant supplier that unlocks access for the Egyptian food and beverage industry to obtain supplies through its digital platform and expansive network of vendors. Founded by Tamer Amer, the founder of Fuego Sushi and Longhorn Texas BBQ, and Karim Maurice, the founder of Cube Egypt and Bitroot, OneOrder aims to address the significant structural problem faced by Egyptian restaurants that interact with small and fragmented suppliers and vendors when looking to have their meat, vegetables, and equipment sourced, including inconsistent and non-transparent pricing, unreliable quality, and irregular delivery timings.
Tamer Amer, CEO of OneOrder also commented saying, “OneOrder gives customers access to almost 600 stock keeping units (SKUs) of food and non-food supplies, which are available for next day delivery. We are very excited to be partnering with Paynas to offer working capital financing and additional payment solutions to long tail restaurants in a bid to address the lack of working capital for smaller restaurants. At OneOrder, it is our mission to further promote digital and financial inclusion within the restaurant industry, and this partnership brings us one step closer to achieving that goal.”
