Nova Group increased its transfer volume by 53% in Q1 2026, number of transactions 12%

The international financial service NovaPay (TM NovaPay), part of the Nova Group, increased its transfer volume by 53% in the first quarter of 2026 compared to the same period in 2025, reaching over UAH 200 billion, while the number of transactions grew by 12%, reaching 126 million, the company said on Monday.

"The first quarter confirmed that NovaPay is confidently scaling in line with customer needs. A special focus is the development of digital payments and tools for entrepreneurs that allow them to manage their finances without unnecessary barriers," Ihor Prykhodko, Acting CEO of NovaPay, is quoted in the release.

It is noted that from January to March 2026, the company transferred approximately UAH 540 million to the state budget, which is 32% more than for the same period in 2025.

As reported, in 2025, NovaPay increased its revenue by 10.4% to UAH 10.01 billion, while its net profit decreased by 22% to UAH 2.58 billion.

NovaPay was founded in 2001 as an international financial service, part of the Nova group (Nova Poshta), providing financial services online and offline at Nova Poshta branches.

According to its website, the company employs approximately 13,000 people in more than 3,600 Nova Poshta branches across Ukraine.

According to the National Bank of Ukraine, the company accounts for approximately 22.7% of the total volume of domestic money transfers.

NovaPay was the first non-bank financial institution in Ukraine to receive an extended license from the NBU in 2023, allowing it to open accounts and issue cards. It was also the first non-bank to launch its own financial app with a wide range of financial services at the end of 2025.