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Airtel Africa

  • Revolut boss says US primary listing was ‘always the target’

    Fintech

    The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]

    Revolut CEO Nik Storonsky speaking at a business conference, wearing a suit and tie, addressing financial innovation.
  • Airtel Money set for £5.3bn valuation in London’s biggest IPO in years

    Fintech

    Airtel Money is set to float at a valuation of £5.3bn in what would be one of the biggest listings on the London Stock Exchange in recent years. The fintech arm of the telecommunications giant Airtel Africa said its investors would sell 270m shares at a price of £1.96 per share in the offer, which [...]

    Man using phone at an Airtel Money agent booth, with M-Pesa signs and mobile phones displayed.
  • Will Airtel Money kickstart London’s IPO pipeline?

    IPO

    London’s sluggish IPO market showed signs of a rebound on Wednesday as Airtel Money confirmed plans for a bumper listing – now the City is hoping it will get the domestic pipeline moving, writes Charlie Conchie. When Airtel Money’s chief executive spoke to City AM yesterday to discuss the launch of his African payment firm’s [...]

    Man using phone at an Airtel Money agent booth, with M-Pesa signs and mobile phones displayed.
  • Airtel Money boss: This is why we picked London for our float

    September 24, 2026

    The boss of Airtel Money has laid out his rationale for selecting London as his chosen venue after the firm unveiled plans for a multi-billion pound IPO that could be Britain’s biggest in years. The African mobile payments business, which is controlled by Indian-owned telecoms group Airtel Africa, is reportedly seeking a valuation at as [...]

  • As it happened: Oil price rise boosts Shell and BP, FTSE 100 rally fades

    September 23, 2026

    Good morning from the City desk at City AM. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more

  • Airtel and Sumup set to kick off London’s fintech IPO test

    August 12, 2026

    Airtel and Sumup are set to hand a potential $20bn boost to the London Stock Exchange with long-awaited IPOs that could help pave the way for a host of fintech firms to come to market.  Telecommunications giant Airtel is planning to list its mobile money business in London before the end of the year, its [...]

  • Airtel eyes fintech IPO spin off in $10bn boost for London market

    April 28, 2026

    British telecommunications giant Airtel is mulling listing its mobile money business on the London Stock Market in what could be one of the largest public debuts on a European exchange in years. Airtel Money – a digital commerce service that allows users to store money, transfer funds and buy mobile data – is said to [...]

  • Currency headwinds wipe a billion off Airtel Africa’s balance sheet

    May 9, 2024

    Airtel Africa has reported robust growth in customer numbers, but profit has struggled.

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