IPO · Financial Services

Airtel Money files for London initial public offering

By Startup Enthusiast · 23 September 2026

What they do

Airtel Money operates a mobile financial services platform across 13 African markets, serving approximately 53 million monthly active users

The company filed for an initial public offering on the London Stock Exchange through an offer for sale by existing shareholders

The listing includes a cornerstone investment agreement worth up to $90 million with the International Finance Corporation

Airtel Money operates a digital financial services platform providing mobile wallet services, payments, global transfers, and financial products across 13 markets in Africa.
The platform serves approximately 53 million monthly active users, supported by an agent network across its markets.
Offerings include peer-to-peer money transfers, merchant payment acceptance, enterprise collections, microloans, savings, insurance, and virtual global cards.
The company reported revenue of $1.35 billion with an EBITDA of $676 million for the fiscal year ended March 2026.
Total processed value reached $213 billion over the 12-month period ended June 30, 2026.

International Finance Corporation (cornerstone) — Entered a cornerstone investment agreement to purchase up to $90 million of offer shares from existing shareholders.
Airtel Africa (existing) — Parent telecommunications holding company owning a 77.85% stake.
TPG (existing) — Minority shareholder that acquired a stake in 2021.
Mastercard (existing) — Minority shareholder that acquired a stake in 2021.
Qatar Investment Authority (existing) — Minority shareholder that acquired a stake in 2021.
Chimetech Holding (existing) — Minority shareholder that acquired a stake in 2021.