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moves money TechAfrica News October 01, 2026

Airtel Money Sets IPO Price at £1.96 Per Share, Valuing Company at £5.3 Billion

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Airtel Money has set the offer price for its planned initial public offering (IPO) at £1.96 per share, implying an estimated market capitalisation of £5.3 billion (about US$7 billion) when the company is admitted to trading on the London Stock Exchange. Airtel Mobile Commerce N.V., the parent company of Airtel Money, announced the pricing on 1 October 2026, following its confirmation on 23 September that it intended to proceed with the IPO. The company expects its ordinary shares to be admitted

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