{"id":140930,"title":"Airtel Money Targets $8bn-$9bn Valuation in Planned London IPO","publisher":"Share Talk","author":"sharetalk","published":"2026-09-23T13:36:16+00:00","modified":"2026-09-23T13:36:16+00:00","canonical_url":"https://www.share-talk.com/airtel-money-targets-8bn-9bn-valuation-in-planned-london-ipo/","markdown_url":"https://www.share-talk.com/airtel-money-targets-8bn-9bn-valuation-in-planned-london-ipo.md","json_url":"https://www.share-talk.com/airtel-money-targets-8bn-9bn-valuation-in-planned-london-ipo.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Airtel Money"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/09/d4c0158c-390c-4a2f-a7db-9352c6c4ba91.png?fit=1727%2C911&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Airtel Money is planning a London stock market flotation that could value the business at $8 billion to $9 billion, making it** one of the largest UK listings in recent years.\n\nThe mobile-money business, owned by FTSE 100-listed Airtel Africa, is understood to be targeting around $800 million (£601 million) in proceeds from the initial public offering.\n\nAirtel Money has around **53 million monthly active users across 13 sub-Saharan African countries**, including Uganda, Zambia and the Democratic Republic of Congo.\n\nThe business generated just under **$1.4 billion of revenue in its last financial year**, offering mobile payments, cash deposits, withdrawals and other financial services through a network of branches and kiosks.\n\nAirtel Africa said it wants Airtel Money to have a **separate London listing**, giving the payments operation greater strategic and financial flexibility while allowing investors to value the fast-growing fintech business independently from the telecoms group.\n\nChief executive **Ian Ferrao** said the company had considered exchanges in the Middle East, Europe and North America before choosing London, citing the depth of institutional capital and investor familiarity with African and emerging-market businesses.\n\nFor **Airtel Africa shareholders**, the key question will be how much of Airtel Money is sold, the final IPO valuation and whether proceeds are retained by the subsidiary or returned to the parent. A successful float could also provide a clearer standalone valuation for one of Airtel Africa’s most valuable growth assets.\n\nFor the London market, an IPO at an **$8bn-$9bn valuation** would represent a significant new listing at a time when the exchange has been trying to attract larger growth companies and offset recent delistings."}