Airtel Mobile Commerce N.V., the parent company of Airtel Money, announced Wednesday that it intends to pursue an initial public offering and list its shares on the London Stock Exchange, alongside a cornerstone investment agreement with the International Finance Corporation. The digital financial services platform, which operates across 13 African markets, said it would seek admission to the equity shares category of the Financial Conduct Authority's Official List and to trading on the exchange's Main Market. Airtel Money reported approximately 53 million monthly active users as of June 30, 2026. The company is majority owned by Airtel Africa plc, which holds a 77.85% stake and is expected to remain a long-term shareholder after the listing.

The company said its customer base grew at a compound annual rate of 20% from the year ended March 31, 2018, through the 12 months ended June 30, 2026, while its share of Airtel Africa's telecom subscriber base rose from 20% to 41% over the same period. Total processed transaction value grew at a 33% compound annual rate in U.S. dollar terms to reach $213 billion. Airtel Money reported revenue of $1.35 billion for the year ended March 31, 2026, with an EBITDA margin of about 50% and a pre-tax cash conversion ratio above 90% in each of the past three fiscal years.

Ian Ferrao, CEO of Airtel Money, commented that the IPO will give the company a platform to continue transforming financial services across Africa. The International Finance Corporation has agreed to purchase up to £67.2 million, or about $90 million, of shares at the final offer price. The offering will target qualified institutional buyers in the United States under Rule 144A, with a prospectus expected in early October 2026 and final pricing in mid-October.