Airtel Money Prepares $800 Million+ London IPO at $9 Billion Valuation
African mobile payments platform Airtel Money is preparing to launch one of London’s largest stock market listings in recent years, seeking to raise at least $800 million in an initial public offering (IPO) on the London Stock Exchange (LSE). According to sources familiar with the transaction, the company is poised to file its initial prospectus paperwork as early as Wednesday, aiming for a total market valuation between $8 billion and $9 billion. Operational Scale and Financial Footprint Airtel