Storyline
Airtel Money Targets M-Pesa With Mastercard
Timeline
- Tue, Oct 13LatestUnverified — not yet reviewed
Airtel Money Debuts on London Stock Exchange at $7 Billion Valuation
Airtel Money's listing on the London Stock Exchange has been confirmed at a reported $7 billion valuation, establishing Africa's first large-cap public mobile money pure-play. The debut is described as a landmark valuation benchmark for the continent's mobile money sector.
- Sat, Oct 10Unverified — not yet reviewed
Airtel Money Debuts on London Stock Exchange at $7 Billion Valuation
Airtel Money has listed on the London Stock Exchange at $2.59 per share, giving the mobile money business a reported market capitalisation of $7 billion. The listing creates Africa's first large-cap public mobile money pure-play and is being described as a landmark valuation benchmark for the continent's mobile money sector.
- Wed, Oct 7Unverified — not yet reviewed
Airtel Money Adds Mastercard Virtual Card to Deepen Kenya Mobile Money Competition With M-Pesa
Airtel Money is adding a Mastercard virtual card to its Kenyan offering, a move designed to strengthen its cross-border payments capability and intensify competition with M-Pesa. The product development comes as Airtel Money's parent company proceeds with its London IPO.