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Airtel Money Achieves $830 Million Revenue in 2026

Airtel Money Achieves $830 Million Revenue in 2026

Airtel Money, the mobile money business operating across 13 African markets, reported revenue of $830 million for the six months ended September 30, 2026, marking a 25.1% increase year-on-year in constant currency. Profit after tax rose by 21.6% to $228 million from $188 million in the same period a year earlier.

Revenue increased by 34% in reported currency. The customer base grew by 18.7% to 56.7 million, raising mobile money penetration among Airtel Africa’s telecommunications customers to 42.9%.

The board declared an interim dividend of 6.4 US cents per share, consistent with its policy of targeting a minimum payout of 80% of attributable profit. Airtel Money's growth was driven by expansion in wallet services, payments, and financial services.

The company reaffirmed its full-year revenue growth guidance of mid-20% in constant currency for the 2027 financial year and expects underlying EBITDA margins to moderate by up to two percentage points before returning to above 50% over the medium term.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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