About past, present and future of Ukraine

Main Business — NovaPay plans to launch the sale of bonds

Business

NovaPay plans to launch the sale of bonds

21 Feb, 2024
195
NovaPay plans to launch the sale of bonds

Share this article

The international financial services company NovaPay, which is part of the NOVA group of companies (Nova Poshta), plans to launch the sale of bonds in its application by the end of February.

Director of the payment system's innovations, Oleksiy Ruban, announced at the FinYear conference that they plan to sell their own bonds in the NovaPay app by the end of next week.

"It seems that next week we will be selling our own bonds. According to our research, Nova Poshta is trusted more than state banks," he reported.

Ruban added that although NovaPay, with its existing licenses from the National Bank, cannot attract deposits, the product with bonds will have similar interest rates. "It will be quite an interesting experience, I think."

In 2023, NovaPay Credit LLC placed debut and two other public issues of interest-bearing bonds with a nominal volume of 100 million UAH each. In the first quarter of 2024, the company begins the placement of three more public issues of interest-bearing bonds of series D, E, and F with the same nominal volume.

The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...