Home / Business and Economy / Airtel Money IPO: London's Biggest in 5 Years
Airtel Money IPO: London's Biggest in 5 Years
9 Oct
Summary
- Airtel Money debuted on London Stock Exchange on Friday.
- The IPO raised £529 million, valuing the company at £5.3 billion.
- It operates in 13 African countries with 53 million users.
Airtel Money, a major fintech player in sub-Saharan Africa, successfully listed on the London Stock Exchange (LSE) on Friday. This debut represents the LSE's largest initial public offering (IPO) in five years, raising approximately £529 million ($700 million).
The company, formally known as Airtel Mobile Commerce NV, was valued at around £5.3 billion upon its debut. The IPO involved existing shareholders selling 270 million shares. Trading commenced conditionally, with unconditional trading expected to begin on October 14, 2026.
Airtel Money operates across 13 countries in sub-Saharan Africa, boasting approximately 53 million monthly active users. In the 12 months ending June 30, 2026, it processed transactions valued at $213 billion. The company reported substantial financial figures in FY26, with revenues of $1.35 billion and a profit of $373 million.
