Airtel Plans $2 Billion London IPO for Mobile Money Arm Airtel Money

Bharti Airtel is reportedly preparing to list its African mobile payments business, Airtel Money, through an initial public offering (IPO) in London. The proposed offering is expected to raise between $1.5 billion and $2 billion, according to sources familiar with the development..

The listing could value Airtel Money at around $10 billion, making it one of the most significant fintech IPOs in recent years.

London has emerged as the preferred destination for the IPO, although earlier discussions had also considered Middle Eastern and other European markets.

Airtel Money, operated by Airtel Africa, has seen rapid growth driven by increasing adoption of digital financial services across Africa. The platform offers mobile payments, money transfers, and other financial solutions, positioning itself as a key player in the region’s fintech ecosystem.

The planned IPO is part of Airtel’s broader strategy to unlock value from its fast-growing digital and financial services business, while attracting global investors to its African operations.

While the timeline and final structure of the offering are yet to be confirmed, the move signals strong investor interest in Africa’s expanding mobile money market and Airtel’s ambition to strengthen its global fintech presence.