Airtel Money has commenced conditional trading on the London Stock Exchange, marking a major step towards its full listing on the international market.

Airtel Africa says unconditional trading is expected to begin on October 14, 2026. The fintech company set its initial public offering price at £1.96 per share, targeting a valuation of seven billion dollars.

The company plans to sell 270 million shares to raise approximately 703 million dollars, while its parent company, Airtel Africa, will retain about 78 per cent ownership.

However, Airtel Money shares fell slightly below their offer price during their first day of trading, dropping to £1.93 after briefly reaching £2.

Airtel Money provides digital financial services, including money transfers, bill payments and digital banking, across 13 African countries, including Nigeria, Kenya and Tanzania.