Business news from Ukraine

Business news from Ukraine

NovaPay’s loan portfolio exceeded UAH 2 bln, with growth of almost 50% in six months

19 February , 2026  

The loan portfolio of the international financial service NovaPay (TM NovaPay) from the Nova group has exceeded UAH 2 billion, which is approximately 48.1% more than at the beginning of August 2025, when the figure reached UAH 1.35 billion, according to a statement released by the company on Wednesday.

NovaPay explained that the largest product in the portfolio remains installment plans, the volume of which increased from UAH 607 million to UAH 833 million compared to the beginning of August 2025.

Meanwhile, customer credit card liabilities grew at a faster pace, currently exceeding UAH 620 million in the portfolio, compared to UAH 232 million at the beginning of August 2025. The company specified that 60,000 people had applied for credit cards since their launch 10 months ago, with an average credit limit of UAH 30,000.

In addition, almost UAH 290 million in NovaPay’s loan portfolio is accounted for by “parcels on credit” – a product that was created in integration with Nova Poshta, the leader in express delivery in Ukraine, which is also part of the Nova group.

It is also noted that the business customer loan portfolio exceeded UAH 257 million.

As reported, NovaPay Credit increased its net profit by 1.8 times in January-September 2025 compared to the same period last year, to UAH 101.56 million, but according to the results of the year, it was planned to bring it to UAH 518.9 million, and in 2026 to increase it to UAH 1 billion 30.6 million by increasing net interest income from UAH 802.1 million to UAH 1 billion 515.1 million.

NovaPay was founded in 2001 as an international financial service, part of the Nova group (“Nova Poshta”), providing online and offline financial services in Nova Poshta branches. According to the website, the company employs about 13,000 people in more than 3,600 Nova Poshta branches throughout Ukraine. According to the National Bank of Ukraine, the company accounts for about 35% of the total volume of domestic money transfers.

NovaPay was the first non-bank financial institution in Ukraine to receive an extended license from the NBU in 2023, which allowed it to open accounts and issue cards, and was also the first non-bank to launch its own financial application with a wide range of financial services at the end of last year.

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