A mobile money service offered by Airtel, a competitor in Uganda's fintech market.
Why Airtel Money’s $7bn IPO doesn’t include its Nigerian fintech business
Airtel Money will list on the London Stock Exchange without its Nigerian fintech business, SmartCash. A Central Bank of Nigeria directive required Airtel to transfer its 25% stake in SmartCash back to Airtel Networks Limited.
Airtel Money targets $7 billion valuation in London IPO debut
Airtel Money priced its London IPO at £1.96 per share, valuing the business at £5.3 billion. The IPO is set for October 14, marking the first public price for Airtel Africa’s mobile money segment.
Banks, fintechs and payment providers circle Kenya’s expanding SACCO economy
Regulated SACCOs in Kenya held KSh1.21 trillion in assets in 2025, up from KSh1.08 trillion the previous year. The number of DT-SACCOs offering digital financial products increased from 236 in 2024 to 267 in 2025.
London’s IPO drought could be broken by an African fintech
Airtel Money intends to file for a public listing in London, marking a significant move for the company. The initial public offering (IPO) was originally targeted for the first half of 2026 but has been postponed to the second half due to market conditions.
Airtel Money’s London IPO faces a smaller raise after investor feedback
Airtel Money is seeking to raise at least $800 million through a London IPO, down from an earlier target of $1.5 billion to $2 billion. The IPO could launch as soon as the week of September 21, although final terms are yet to be confirmed.
