The transaction volume of the international financial service NovaPay (TM NovaPay) in January-September 2025 increased by 25% compared to the same period last year, to UAH 267 billion, while the number of transfers during this period increased by 5%, to 307 million.
“The results for the nine months confirm the correctness of the chosen development vector,” NovaPay CEO Igor Syrovatka is quoted as saying in the company’s press release on Tuesday.
It is noted that in the first nine months of this year, the company transferred more than UAH 1.1 billion in taxes to the state budget, compared to UAH 1 billion in the first nine months of last year.
Last year, based on the results of nine months, NovaPay reported a 29% increase in transaction volume, a 26% increase in the number of transfers, and a 22% increase in taxes.
According to data from YouControl, NovaPay LLC’s revenue in the first half of this year grew by 9.3% to UAH 4 billion 539.75 million, while net profit fell by 42.1% to UAH 966.98 million.
Loan services are also provided by the subsidiary NovaPay Credit, which actively raises money through bond placements. In the first half of this year, NovaPay Credit, according to reports on its website, increased its net profit by 52.2% compared to the first half of last year, to UAH 53.92 million, with revenue growing 2.7 times, to UAH 260.36 million.
The number of customers using the mobile application of the international financial service NovaPay (TM NovaPay), launched at the end of 2023, reached 750,000, the company reported in July 2025, which at the end of last year reported 500,000 customers.
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.
