NovaPay, the international financial service within Nova Group, which includes Nova Poshta, has completed the placement of its 14th corporate bond issue, series “N”, with a total volume of UAH 200 million. The securities were issued by the service’s subsidiary, NovaPay Credit LLC.
According to the company, the bonds were issued with a nominal value of UAH 1,000 each. The yield on the securities is 18% per annum, with interest payments to be made once upon maturity. As with most previous NovaPay bond issues, the new bonds will be used in repo transactions, which the company positions as an alternative to bank deposits.
The funds raised through the placement are planned to be directed toward the further development of credit products and the expansion of the company’s financial services.
Yana Levada, Acting Deputy CEO of NovaPay for Retail Business, noted that the series “N” issue continues the company’s strategy of raising funds through public corporate bonds, which has been implemented since 2023. According to her, NovaPay became the first Ukrainian company to offer public corporate bonds to private investors during the full-scale war, and in May 2026 it fully redeemed the second such issue.
According to the National Securities and Stock Market Commission of Ukraine, the report on the results of the placement of series “N” bonds was approved on 22 May 2026. On the same day, the regulator registered the next, 15th bond issue, series “O”, also worth UAH 200 million, which will be carried out through a public offering.
The company reported that as of the beginning of 2026, NovaPay bonds were held by more than 7,900 investors, while the total volume of the bond portfolio exceeded UAH 4 billion.
Earlier, in February 2026, NovaPay fully placed series “M” bonds with a nominal value of UAH 200 million.
In total, during 2023–2025, the company carried out 13 bond issues with a total nominal value of UAH 1 billion. Most of the issues are used in the repo transaction programme and are available for purchase through the NovaPay mobile application. For retail investors, interest on such securities is paid upon maturity, while institutional investors receive quarterly coupon payments. The nominal yield is 18% per annum, and an annual offer is also provided.
NovaPay was founded in 2001 and is now one of Ukraine’s largest non-bank financial services providers. The company is part of Nova Group and provides financial services both online and through the Nova Poshta branch network. In 2023, NovaPay became the first non-bank financial institution to receive an expanded licence from the National Bank of Ukraine, allowing it to open accounts and issue payment cards. At the end of 2025, the company also became the first non-bank player to launch its own financial application with a broad range of services.
In 2025, NovaPay’s revenue increased by 10.4% to UAH 10.01 billion, while net profit decreased by 22% to UAH 2.58 billion.
In the first quarter of 2026, the volume of money transfers through the service increased by 53% compared with the same period of the previous year and exceeded UAH 200 billion. The number of transactions rose by 12% to 126 million.
According to the National Bank of Ukraine, NovaPay accounts for around 22.7% of the total volume of domestic money transfers in the country, remaining one of the largest participants in this market.
