Fodx acquires the British company “Solo” and leads investment rounds in 3 leading startups to advance the success of the restaurant sector

The acquisition was announced during the LEAP 2025 conference, which indicates the commitment of Fodx Company, the leading restaurant technology company in the Middle East and North Africa region, to develop the food and beverage sector in the region

Riyadh, Saudi Arabia; February 12, 2025: Fodx, the leading company in the field of restaurant and payment technology in the Middle East and North Africa region, announced today its full acquisition of the British company “Solo”, which specializes in providing self -demand kiosks, and application technology through applications. This strategic acquisition confirms Fodx’s commitment to providing a comprehensive environmental system with a value to manage relations in the food and beverage sector. Solo enables restaurants to expand their sales channels and enhance customer experiences through advanced self -service solutions and by benefiting from artificial intelligence systems and analyzes, where technology works. Solo “to simplify demand operations, which contributes to the growth of corporate revenues. The merging of “Solo” offers into the FoodX environmental restaurants will provide a smooth and comprehensive solution to manage all aspects of its operations; From internal requests and online requests to payments and analyzes. Ahmed Al -Zaini, CEO and co -founder of Fodx said: “This acquisition is an important step in our mission to build the most comprehensive restaurant management platform in the Middle East and North Africa region and abroad. And to increase our environmental system and the future of technology in The Food and Beverage Sector, we will allocate $ 100 million to the acquisitions and strategic investments in financial technology, artificial intelligence and other transformational technologies over the next three years. ”As part of this commitment, Fodx has also announced investments in three leading strategic startups: 1. “Norma” platform: a Greek company specialized in artificial intelligence analyzes. The platform will enable business professionals by enabling them to access important data to manage their operational operations without the need for technical expertise. “Number” platform: It is an accounting system specifically designed for small and medium -sized companies. Voodx customers can capture the correct data inputs intelligently and be more efficient in creating financial reports and managing and paying salaries for employees. 3. “Arzaq Plus” platform: a platform for the supply chain that transforms the food and beverage industry by taking advantage of artificial intelligence, data analyzes and smart logistics services to improve resources, reduce waste and enhance restaurants and cafes. At the same time, this investment will enable Vodix to provide the purchase service now and pay the right to the daily restaurant bills. This is a great addition to restaurants to be able to manage their cash flows efficiently and generate more revenues.

Anas Al -Ghanem, Director of Institutional Development at Vodx added: “Every investment we do to find valuable solutions that drive growth and achieve tangible success, ensuring that our partners and customers can be enabled to form the future of the sector.” This announcement comes at a time when the Vodx Group celebrates the annual anniversary of the tenth anniversary For its founding and leadership of this sector through its innovations in the restaurant technology sector in the Middle East and North Africa. Over the past decade, Vodx has enabled more than 30,000 restaurants and cafes in more than 30 countries. By providing dedicated technical solutions, Vodx managed to improve operations, enrich customer experiences, and enhance returns.