PaymentsNews from 12 October 2026

Airtel Money lists on the London Stock Exchange, valued at 7 billion dollars

The mobile payment service Airtel Money, launched in 2011, listed on the London Stock Exchange on 9 October 2026. The company is valued there at about 7 billion dollars.

Airtel Money operates in 13 African countries and has about 53 million monthly active users. In one year, 213 billion dollars went through its accounts. The shares sold belonged to existing shareholders, so this money does not directly fund the service's growth.

💡 What it means for you

Phone payments have become a major African industry, watched by investors worldwide: they will keep spreading and improving.

Source: African Business · Read the original article ↗

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