Airtel Payment Bank, the unit of Bharti Airtel, is estimated to generate $ 1 billion annual revenue by 2030, on the back of an an estimated 10-fold jump in its gross transactions value (GTV) and a sharp rise in its monthly transacting user base, as per reports.

Airtel Payments Bank (APB), which turned profitable in the September quarter of FY22, currently has a revenue of Rs.1, 000 crore on an annualized basis.

According to London based telecom research firm, New Street, Bharti has found a way to generate profit in Indian fintech, and we model Airtel Payments Bank rising to $1 billion of revenue by 2030 and ABP’s current worth is estimated around 3.5 billion.

Reports suggest that, the estimated revenue jump is based on Airtel Payment Bank's GTV growing from 0.7 percent of Indian GDP now to 2.8 percent over time, its current base of 32 million (monthly) revenue generating users rising to 200 million by 2030 and its average revenue per user (ARPU) growing three percent annually. Airtel Payments Bank's GTV was at Rs.1.5 lakh-crore) on an annualized basis in the December quarter, FY22.

According to CLSA, “Airtel Payment Bank’s revenue/ARPU is not consolidated with Bharti as per RBI’s mandate despite 100 percent ownership, but Bharti may look to unlock value of this successful digital pivot.

Airtel Payments Bank is 70 percent owned by Airtel and 30 percent by Bharti Enterprises.

Acording to global brokerage, APB’s edge versus competition is led by the access and reach of Bharti’s 184 million unique users across digital assets and India’s largest B2B app for retailers.

CLSA says, “Airtel’s payments banking arm now has a 16 percent share in domestic remittances, seven percent in Aadhaar-enabled payment systems, is also the fourth-largest Fastag issuer, and has 2.6 million financial products cross-sold.”