NovaPay’s bonds have affirmed uaAA credit rating

The rating agency “Standard-Rating” has upgraded the credit rating of NovaPay corporate bonds* to uaAA grade. This indicates a very high creditworthiness of the company and its securities compared to other financial instruments in Ukraine.

This rating was assigned to series A, B, C, D, E, and F bonds. The securities are available online in the company’s app for 1 to 12 months, with a yield of up to 18%, depending on the investment period.

“We want our clients to be confident in our financial strength, which a specialized rating agency confirms. During the sale of our corporate bonds, more than 3,000 Ukrainians have purchased them, investing over UAH 740 million in our company. The funds we raise from the sale of bonds are used to develop NovaPay’s credit products, which are already working effectively,” – comments Ihor Prykhodko, CFO of NovaPay.

In 2023, NovaPay registered three public issues of interest-bearing bonds of series A, B, and C for UAH 100 million each. Last year, the company issued three more securities – series D, E, and F. NovaPay’s preliminary credit rating assigned based on the second quarter results is also uaAA.

* The issuer of the bonds is NovaPay Credit LLC