Foodics experiences $6 billion GMV and 29% income progress in H1 2025 as fintech adoption surges 

Riyadh-headquartered restaurant administration platform Foodics has reported sturdy progress throughout key metrics within the first half of 2025, pushed by accelerating adoption of its embedded monetary companies amongst F&B operators throughout the area.

The startup, which supplies point-of-sale programs and FinTech instruments to eating places, now serves over 33,500 energetic restaurant branches, marking a 23% year-over-year enhance. Gross merchandise quantity (GMV) processed via its platform reached $6 billion through the interval, up 27% from H1 2024.

The corporate’s fintech stack confirmed significantly sturdy momentum, with cost quantity rising 38% as eating places more and more adopted its digital funds, lending, and different monetary companies. Annual recurring income (ARR) climbed 29%, whereas worldwide income surged 56%.

“We at the moment are deeply embedded within the operational and monetary infrastructure of eating places throughout the area,” co-founder and CEO Ahmad Al-Zaini mentioned in a LinkedIn publish, highlighting how the platform helps retailers monitor real-time money movement, handle omni-channel gross sales, and entry working capital.

He described the efficiency as reflecting a broader “structural shift” within the F&B sector, the place monetary enablement is turning into central to restaurant operations and long-term success. “Our fintech stack continues to scale as a key progress engine for our retailers and for the enterprise,” he famous.

The outcomes observe a sequence of strategic strikes by Foodics this 12 months. The corporate introduced plans to take a position over $100 million in acquisitions throughout fintech, AI, and restaurant know-how sectors. It additionally acquired Solo, a UK-based supplier of self-order kiosks and white-label ordering options, as a part of its enlargement technique.

Foodics operates beneath licenses from the Saudi Central Financial institution (SAMA) to supply funds and lending companies to its restaurant shoppers. Whereas the corporate didn’t disclose actual income figures or profitability metrics for the half-year interval, it indicated expectations for a “very sturdy H2” because it continues regional enlargement and scales its monetary companies providing.

Based in 2014, Foodics has raised almost $200 million so far from buyers together with Prosus, Sanabil Investments, STV, and Peak XV (previously) Sequoia Capital India.

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