Ukraine

NovaPay EU has launched its own mobile application for customers in Europe

The financial company NovaPay EU has launched its own mobile application for customers in Europe. reported this by NovaPay CEO Ihor Syrovatko.

International expansion remains one of the key directions of the company’s development. Sirovatko emphasized that the main goal of NovaPay is to provide for the financial needs of millions of Ukrainians both in Ukraine and abroad, regardless of their location.

The partner of NovaPay EU is the Polish payment system Quicko, which provides fintech solutions for businesses and private users. Quicko operates under the control of the Polish financial regulator and supports modern payment tools, including Apple Pay, Google Pay and SEPA transfers. Although NovaPay EU was registered in Lithuania back in 2022, the company currently does not have its own license to provide financial services in the EU.

The parent structure of NovaPay is the logistics operator “ Nova Poshta” – already works in 16 countries outside of Ukraine. Previously, NovaPay planned to obtain a Lithuanian Electronic money institution license and expand its activities in Poland, Germany, the Czech Republic, Slovakia and Bulgaria, having invested about €2 million of its own funds in European expansion.

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