🇬🇧🌍 Airtel Money debuts in London at $7bn valuation

Airtel Money debuted on the London Stock Exchange on 9 October 2026 in an initial public offering priced at £1.96 per share, valuing the African mobile financial services business at approximately $7 billion. The transaction involved the sale of 270 million existing shares, raising around $703 million for selling shareholders. By June 2026, Airtel Money had about 53 million monthly active users and had processed roughly $213 billion in transactions over the previous 12 months.

Airtel Money, which began expanding across Africa in 2011, now operates in 13 markets. For the financial year ending March 2026, it reported revenue of about $1.35 billion and an EBITDA margin approaching 50%.

#Africa

🔸 Source

@africaintel