Airtel Money Files for London IPO, Seeking $800m at $8bn Valuation
Airtel Money has filed for a London Stock Exchange listing, aiming to raise at least $800 million at a valuation of $8 billion to $9 billion. The move marks one of the largest UK debuts in recent years, targeting a market that has seen only seven listings this year. The company, which serves over 53 million monthly users across Africa, chose London over the Middle East due to geopolitical stability and the strong performance of its parent, Airtel Africa.