Since the beginning of 2026 through August 22, the National Bank of Ukraine has imposed fines on dozens of participants in the non-bank financial market totaling about UAH 374 million, and has also forcibly revoked the licenses of at least 20 financial companies, insurers and pawnshops, according to calculations by the Experts Club analytical center based on the regulator’s decisions.
The calculation does not include banks, credit unions, or cases in which companies voluntarily surrendered their licenses.
The largest amount of fines was imposed in May. At that time, LLC FC Kontraktovyi Dim, operating under the EasyPay brand, and LLC Swift Garant, associated with the City24 service, were each fined UAH 135.15 million. Insurance company VUSO was fined UAH 40.7 million, while LLC 1 Safe Agency of Necessary Loans, known under the MyCredit brand, was fined UAH 6.13 million.
Other major sanctions since the beginning of the year include a UAH 11.64 million fine for Smartiway Ukraine, more than UAH 9 million for Fard Standard, and around UAH 8 million in total for NovaPay.
In August, the NBU fined LLC FC Atlana UAH 198.88 thousand, LLC FC Finstyle UAH 182.81 thousand, and LLC FC Groway UAH 216.18 thousand. The regulator also revoked the license of the latter company for failure to comply with a requirement to remedy a violation related to the non-submission of reporting for 2025.
Since the beginning of the year, the entities that have been forcibly deprived of their licenses include, in particular, FC Takelau, Vash Lombard, FC Asap, FC Liberty Finance, Credit Partners, Skhid Finance, FC Svarog Finance, City Fin Alliance, Lombard Platinum Skarb, FC Solid Group, Gold Split, FC Royal Finance 1, Sent Pro, Leasing Company Aton-XXI, FC Alkor Capital, Prosto Leasing, FC Online Finance, insurers Asko DS and Peremoha, as well as FC Groway.
The main reasons for the NBU’s sanctions in 2026 were violations of financial monitoring requirements, reporting and internal control requirements, non-compliance with capital adequacy standards, problems with ownership structures, as well as refusal or inability to undergo inspection checks.
Separately, in August, the NBU prohibited the provision of a number of financial and payment services through Money24/7 services and branches without the required authorization. This case is not included in the license revocation statistics, since the regulator classified the activity as the provision of services without the relevant authorization.
Source: decisions and statements of the National Bank of Ukraine for January-August 2026, calculations by Experts Club.
