The National Securities and Stock Market Commission of Ukraine has registered NovaPay’s 15th corporate bond issue, Series O, with a total nominal value of UAH 200 million. The company plans to use the proceeds to further develop its financial services and expand its range of lending products.
According to NovaPay, the bonds can be purchased through the company’s mobile application. Each bond has a nominal value of UAH 1,000 and offers a fixed annual yield of up to 18%. Upon maturity, investors receive repayment of the principal amount, while accrued interest is transferred to their bank card.
The company reports continued interest among Ukrainian investors in NovaPay corporate bonds. According to Yana Levada, Retail Business Development Director at NovaPay, the registration of the new issue will allow the company to continue raising capital to scale its financial services and lending programmes.
NovaPay has been operating its public corporate bond placement programme since 2023. During this period, the company has registered and placed 15 bond issues, two of which have already been fully redeemed. More than 8,000 clients currently hold NovaPay bonds, while total investment in the instrument has exceeded UAH 4 billion.
An additional factor supporting the attractiveness of the company’s debt securities is its high uaAA credit rating, assigned by the Standard-Rating agency, indicating a high level of issuer creditworthiness.
NovaPay was established in 2013 as an in-house financial service for customers of the Nova Poshta group. Over the years, the company has developed into one of the largest non-bank players in Ukraine’s financial market. Around 85 million financial transactions are processed annually through the NovaPay mobile application.
The company’s financial performance improved in 2025. NovaPay’s revenue increased to more than UAH 10 billion, compared with UAH 9.1 billion a year earlier, while net assets grew by 26%, from UAH 6.2 billion to UAH 7.3 billion. The company’s operating profit also increased.
At the same time, NovaPay’s net profit declined last year. As the company’s Chief Financial Officer, Andrii Prykhodko, previously explained, the main reasons were a higher tax burden and an increase in charitable contributions supporting the Armed Forces of Ukraine.
The new corporate bond issue will enable NovaPay to raise additional financing without changing the company’s ownership structure and to continue developing digital financial products in the Ukrainian market.
