The international financial service NovaPay (TM NovaPay), part of the Nova Group, has fully placed its 14th bond issue—Series “N”—issued by its subsidiary NovaPay Credit, with a face value of UAH 200 million.
According to the company, the bonds were issued in the traditional denomination of UAH 1,000 each, with a coupon rate of 18% per annum payable at maturity, and will be used in repo transactions, which serve as an alternative to deposits.
The financial service plans to allocate the funds raised from the placement of Series “N” to the development of credit products.
“Series N is a continuation of the course we have consistently followed since 2023. We were the first in the industry to offer Ukrainians public corporate bonds during a full-scale war, and this past May we fully redeemed the second such issue,” said Yana Levada, acting Deputy CEO for Retail Business at NovaPay, as quoted in the press release.
The website of the National Securities and Stock Market Commission (NSSMC) reports that the bond placement report was approved on May 22, 2026.
On the same day, the Commission registered NovaPay’s 15th bond issue—Series “O”—with a total nominal value of UAH 200 million, which will be carried out through a public offering.
The company noted that as of early 2026, more than 7,900 clients had become holders of NovaPay bonds, with the total portfolio exceeding UAH 4 billion.
In February, NovaPay announced the full placement of Series “M” bonds with a nominal value of UAH 200 million.
In total, between 2023 and 2025, NovaPay carried out 13 bond issues with a total nominal value of UAH 1.39 billion. Securities from all series, except for three, are used for the repo program as an alternative to bank deposits; they are available for purchase in the NovaPay mobile app, and interest payments on them are scheduled to be made once upon redemption. Interest payments on bonds for institutional investors are made quarterly. They also come with an annual offer, and the nominal yield rate for the first year of circulation is 18% per annum. Series “K” is the third for institutional investors, but the first such series, “A,” worth UAH 100 million, was redeemed this year.
NovaPay was founded in 2001 as an international financial service, part of the Nova Group (“Nova Poshta”), and provides financial services both online and offline at “Nova Poshta” branches. In 2023, the company became the first non-bank financial institution in Ukraine to receive an expanded license from the NBU, which allowed it to open accounts and issue cards, and at the end of last year, it became the first non-bank to launch its own financial app offering a wide range of financial services.
In 2025, NovaPay increased its revenue by 10.4% to UAH 10.01 billion, while its net profit decreased by 22% to UAH 2.58 billion.
In the first quarter of 2026, the company increased the volume of transfers by 53% compared to the same period in 2025—to over UAH 200 billion—while the number of transactions grew by 12%—to 126 million.
According to the National Bank of Ukraine, the company accounts for approximately 22.7% of the total volume of domestic money transfers.
