Airtel Money

Airtel Money has completed its highly anticipated initial public offering (IPO) on the London Stock Exchange, marking the city's largest listing in five years. The mobile money operator priced its shares at £1.96, yielding a valuation of approximately £5.3bn and raising £529m in the float.

Summary of transaction details:

• Value: £529 million
• Sector: Fintech
• Advisor: JP Morgan
• Key Entities: Airtel Money, International Finance Corporation, Qatar Investment Authority, Mastercard
• Location: London, United Kingdom / Africa

Note: The transaction represents a landmark moment for the London Stock Exchange, which has struggled to secure large-scale tech listings in recent years. The IPO was supported by a £67.2m cornerstone commitment from the International Finance Corporation.