Foodics has introduced Capital 2.0, an automated financing solution that turns restaurant operational data into faster access to funding. The product was unveiled at Money20/20 Middle East in Riyadh on September 14, marking a significant expansion for the MENA restaurant operations and financial technology platform. The solution uses artificial intelligence-powered credit scoring to pre-qualify merchants and positions financing as a direct extension of restaurant performance.
Addressing a Financing Gap
Access to financing remains a challenge for many restaurant businesses, particularly smaller operators. Traditional lending processes often do not fully capture how restaurants generate revenue and manage daily cash flow. By using performance data already generated through its platform, Foodics links capital access more directly to actual restaurant operations and trading activity.
How Capital 2.0 Works
Capital 2.0 assesses a restaurant’s operational and financial performance on the Foodics platform instead of requiring a traditional funding application. An embedded artificial intelligence layer supports the credit scoring process and automatically identifies businesses that qualify for financing. This approach removes much of the friction found in conventional lending and aligns eligibility with daily trading activity.
First-Year Targets and Funding Range
The company is targeting SAR 375 million, approximately USD 99.96 million, in first-year funding through Capital 2.0. The solution supports multiple financing needs, including working capital and invoice factoring for suppliers, with funding starting at about SAR 20,000 and rising to SAR 2 million or more for expansion. Repayments are collected through smaller deductions from daily settlements rather than a larger monthly payment.
Fast Access to Funding
Eligible restaurants can select their preferred financing terms and complete the entire process digitally through the Foodics App. Foodics states that approved funding can be disbursed within four hours, which is considerably faster than many traditional financing routes. The system is designed to reduce reliance on lengthy applications and meet working capital needs more promptly.
Expanding Foodics' Financial Ecosystem
The launch forms part of a broader expansion of financial services within the Foodics ecosystem. At Money20/20 Middle East, the company is also showcasing expanded omnichannel payment solutions alongside new reconciliation and instant settlement capabilities. Foodics is developing its MyFoodics App into a single account through which merchants can manage sales, cash, payouts and access to capital.
Broader Industry Shift
The move adds another layer to the growing convergence between restaurant technology and financial services in the MENA region. Foodics, founded in 2014, serves dine-in restaurants, cafés, quick-service outlets, bakeries, food trucks and cloud kitchens, and reports more than six billion orders processed through its platform. The company has previously raised USD 170 million in a Series C funding round, demonstrating investor confidence in its expansion strategy.
What to Watch
The key test for Capital 2.0 will be how effectively Foodics translates its access to restaurant performance data into sustainable financing at scale. The company has set a clear first-year funding target, making deployment and merchant adoption important indicators of success. If the model works, it could demonstrate that embedded financing can become a meaningful extension of restaurant technology across the region.
The broader direction is clear as platforms gain deeper visibility into how businesses operate, financial services are increasingly being built into the software restaurants already use. Foodics is positioning Capital 2.0 as part of a larger financial ecosystem where merchants manage operations, payments, and capital access in one environment. That integration may reshape how restaurant businesses across MENA approach funding and growth.