NovaPay’s loan portfolio* has exceeded UAH 2 billion. In less than two years, the company has developed a credit system that combines products for individuals and businesses: from credit cards that can be issued in 10 seconds to installment plans and business loans.
“A UAH 2 billion loan portfolio is not about aggressive growth, but about a responsible strategy. We are consciously building a model where risks for all parties are minimized and credit is a tool for development. Every hryvnia in our loan portfolio creates a multiplier effect in the economy. Installment plans stimulate domestic demand, credit cards facilitate access to goods and services, and business loans support the operational stability of entrepreneurs,” said Bohdan Gryvko, Risk Management Director at NovaPay.
Consumer lending remains a key driver of portfolio growth, with a volume of over UAH 1.750 billion. Customers actively use products for daily needs, online purchases, and logistics:
• Installment plans – UAH 833 million. The largest product in the portfolio. Its growth directly correlates with the development of e-commerce: the more Ukrainians buy online, the greater the need for convenient installment payment tools.
• Credit card – over UAH 620 million. Launched only 10 months ago, but already issued to 60,000 customers. The average credit limit is UAH 30,000. The card also allows you to save up to 20% cashback on delivery payments via Nova Poshta and cash on delivery fees (if the parcel is registered with cash on delivery), which makes it profitable for online purchases.
• Parcel on credit – almost UAH 290 million. A unique product for Ukraine, created thanks to integration with Nova Poshta. If a customer has ordered goods with cash on delivery but does not have enough funds, they can apply for a loan in the NovaPay app in a few minutes and pick up the parcel immediately.
The main audience for NovaPay credit products is Ukrainians aged 26–45: active online shoppers and customers of logistics services.
The business customer loan portfolio exceeded UAH 257 million. The financing is aimed at supporting the liquidity of entrepreneurs, online stores, and partners of the NOVA Group (Nova Poshta).
NovaPay continues to invest in the development of lending services and implements technological solutions that ensure a responsible approach, transparency, and convenience for each client.
NovaPay is an international financial service from the NOVA Group (Nova Poshta), which has been creating convenient financial solutions for individuals and businesses for almost 14 years, operating online and offline in more than 3,600 branches throughout Ukraine. The NovaPay app is a unified financial platform with separate profiles for personal and business needs. Today, the service is used by nearly a million customers, tens of thousands of entrepreneurs, and hundreds of companies across the country.
*Loans are provided by NovaPay Credit LLC.
