The international financial service NovaPay (TM NovaPay) has registered the issue of Series K bonds with a total nominal value of UAH 100 million and a maturity date of August 6, 2028, which is the third issue for institutional investors, according to a press release issued by the company on Thursday.
According to the press release, the issuer is again NovaPay’s subsidiary, NovaPay Credit LLC, with interest payments to be made quarterly at a nominal rate of 18% per annum.
The company recalled that it had already sold bonds of series “C” and “I” among institutional investors for UAH 190 million.
Prior to this, NovaPay issued nine series of bonds between 2023 and 2024, and in 2025, it issued the 10th series and has already announced the issue of the 12th series, series L, also with a total nominal value of UAH 100 million. However, securities of all series, except for three, are used for REPO operations as an alternative to bank deposits and are available for purchase in the NovaPay mobile application.
NovaPay was founded in 2001 as an international financial service, part of the Nova group (“Nova Poshta”), and provides online and offline financial services at 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 among non-banks to launch its own financial application with a wide range of financial services at the end of last year.
According to the prospectus, NovaPay Credit plans to increase its interest income to UAH 802.1 million this year and to UAH 1 billion 515.1 million next year, and to earn UAH 518.9 million and UAH 1 billion 30.6 million in net profit, respectively.
Last year, the company’s net profit grew to UAH 89.2 million from UAH 40.3 million a year earlier, with revenue growing to UAH 285.6 million from UAH 95.6 million.
