The loan portfolio of the international financial service NovaPay (TM NovaPay) from the Nova group has surpassed 2 billion UAH, which is approximately 48.1% higher than at the beginning of August 2025, when it stood at 1.35 billion UAH, the company reported on Wednesday.
NovaPay explained that its largest product in the portfolio remains installment plans, which grew from 607 million UAH at the start of August 2025 to 833 million UAH.
Meanwhile, client liabilities on credit cards grew even faster, currently exceeding 620 million UAH compared to 232 million UAH in early August 2025. The company noted that 60,000 people have taken out credit cards since their launch 10 months ago, with an average credit limit of 30,000 UAH.
Additionally, nearly 290 million UAH of NovaPay’s loan portfolio comes from the “parcels on credit” product, created in partnership with Ukraine’s express delivery leader Nova Poshta, also part of the Nova group.
The company also reported that its business lending portfolio has exceeded 257 million UAH.
NovaPay Credit increased its net profit 1.8 times in January–September 2025 compared to the same period last year, reaching 101.56 million UAH, with plans to raise it to 518.9 million UAH by year-end, and further increase it to 1.03 billion UAH in 2026 through growth in net interest income from 802.1 million UAH to 1.515 billion UAH.
Founded in 2001 as an international financial service, NovaPay is part of the Nova group (Nova Poshta) and provides online and offline financial services in Nova Poshta branches. According to the company website, it employs around 13,000 people across more than 3,600 Nova Poshta branches throughout Ukraine. The National Bank of Ukraine reports that NovaPay handles about 35% of the country’s domestic money transfers.
NovaPay was the first non-bank financial institution in Ukraine to receive an extended NBU license in 2023, allowing it to open accounts and issue cards. At the end of last year, it also became the first non-bank to launch its own financial app offering a wide range of financial services.
