Business news from Ukraine

Business news from Ukraine

NovaPay increased number of transfers by 6% and their volume by 26%

22 July , 2025  

In the first six months of 2025, NovaPay customers made 205 million transfers, which is 6% more than in the first six months of 2024.
“The total volume of transactions through the system reached UAH 172 billion, which is 26% more than last year,” the company said in a press release on Tuesday.

According to NovaPay CEO Andriy Kryvoshapko, the company’s total direct investment in the first half of 2025 amounted to UAH 230 million, and the volume of taxes for this period increased by 12% compared to the first half of 2024 – up to UAH 765 million.

NovaPay is an international financial service that is part of the NOVA group of companies (Nova Poshta). The company, which employs 13,000 people, serves customers both online and in more than 3,600 Nova Poshta branches.

According to the NBU, its share in the remittance market was 22.7%.
The company was the first non-bank institution in Ukraine to receive an extended license from the NBU, which allows it to open accounts and issue payment cards.