# Indian billionaire’s payments firm plans one of London’s biggest flotations in years

https://mins.news/en/item/70472

- The Guardian, 2026-09-23 11:08 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/sep/23/indian-billionaire-payments-firm-london-flotation-airtel-money

> Airtel Money, the African mobile-money arm of Airtel Africa and ultimately controlled by Indian billionaire Sunil Bharti Mittal, plans to raise about $800m in a London IPO at a targeted valuation of $8bn to $9bn. The listing would be a major boost for the struggling UK market. The company has 53 million monthly active users across 13 sub-Saharan African countries.

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