First billion: NovaPay loan portfolio reaches UAH 1 billion
NovaPay* has recorded another achievement: as of the beginning of April 2025, the company's loan portfolio exceeded UAH 1 billion.
"This figure is a testament to the trust of our customers - Ukrainians and businesses. Because 80% of our portfolio is consumer lending, and another 20% is lending to entrepreneurs. We see that all categories of customers need easy and understandable products, and at the same time, affordable resources, and we are happy to be a reliable partner in business development and daily expenses. Our approach to lending remains responsible and transparent, which allows us to maintain the high quality of the loan portfolio," comments Bohdan Hryvko, Chief Risk Officer of NovaPay.
Over the past year, NovaPay's loan portfolio has grown almost 2.5 times. The most intensive growth took place in the second half of 2024 due to the active development of the NovaPay app and the launch of new loan products.
As a reminder, NovaPay customers can apply for instalment plans and parcels on credit easily and quickly in the app - in just a few clicks. And those who receive a salary on a NovaPay card as part of a salary project have an additional opportunity to issue an Urgent Salary with extremely attractive terms. Also, since last summer, NovaPay has been lending to entrepreneurs - merchant customers of Nova Poshta and NovaPay.
NovaPay is an international financial service that is part of the NOVA group of companies (Nova Poshta) and has been providing online and offline payment services in more than 3,600 Nova Poshta outlets for almost 13 years. NovaPay was the first non-bank financial institution in Ukraine to receive an extended NBU licence, which allowed it to open payment accounts and issue cards.