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Kredyt Kapital
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© 2026 TOV "FK Kredyt-Kapital"

Building value on data, technology and NPL market scale

Kredyt Kapital is a fintech company and one of the leaders in the non-performing debt management market in Ukraine. We combine operational experience, advanced analytics, a full legal cycle and proprietary technology for effective acquisition, assessment and servicing of NPL portfolios.

We have been operating since 2006 as part of Rekapital Group. We manage portfolios with a total nominal value of over UAH 112 billion and have served over 4 million clients.

Market leader with an established position

For over 10 years, Kredyt Kapital has held a position as one of the most important players in the NPL market in Ukraine:

~25% market share over 1,100 portfolios UAH 112 billion nominal value 20+ years on the market

Proven operational model

Proprietary CRM, client scoring and segmentation, data-driven models, A/B testing of contact strategies, high automation, processing up to 60,000 contacts per day.

Strong 2024 financial results

UAH 491M Gross Collection
UAH 328M EBITDA
UAH 192M Net Profit
UAH 1.4B ERC

Favourable environment for judicial enforcement

Full legal cycle: 90+ lawyers · e-court experience · knowledge of enforcement processes · ability to scale legal actions.

Significant margin advantage amid growing market maturity.

Ecosystem development: EwaCash

EwaCash is Rekapital Group's new digital consumer lending platform. It expands presence in consumer finance, develops scoring models and diversifies activities. For investors: exposure to the broader fintech ecosystem.

First-mover advantage in a growing market

The NPL market in Ukraine: UAH 393 billion in bank NPLs · portfolio prices growing from ~5% to ~8% (2022–2025). Opportunities for large transactions are emerging, including the prospect of PrivatBank portfolio sales of ~UAH 10 billion in 2026.

For Investors

Large and Growing Segment

The non-performing debt market in Ukraine remains one of the largest and most attractive financial segments in the region.

Most important for investors:

large scale · constant portfolio inflow · growing professionalisation · opportunity for above-average returns

Competitive Advantage

Technology + Law + Operations

Technology

proprietary CRM, scoring, segmentation, analytics, automation.

Law

full cycle, 90+ lawyers, e-court, enforcement.

Operations

scalable processes, operational centres, high case volumes.

Data

data-driven models, A/B testing, continuous optimisation of collection strategies.

ESG & Compliance

Responsible Operating Model

Ethical approach to clients

fair and responsible decisions, dialogue, transparency.

Stabilisation of the financial sector

effective NPL management contributes to cleaning up institutional balance sheets.

Support for market reforms

e-court, private bailiffs, industry initiatives, European standards.

Experienced management with a long-term perspective

Ewa Zakowicz
Wisdom is knowing what to do with what you know.

Ewa Zakowicz

CEO, Rekapital Group

Ewa Zakowicz is a strategist with 19 years of experience in financial markets across Central and Eastern Europe — a person who combines vision with the ability to rapidly bring ideas to life.

She began her career at AIG Credit SA, where over 8 years she rose from a Credit Department specialist to Head of Risk Management in the Research and Development Department. Over the following decade she built expertise at leading international debt management companies: PrimoCollect, CreditExpress, CCG and KRUK.

In parallel, she served as a consultant on scoring and collection processes for leading financial institutions including Privat Bank, Delta Bank, Provident, Santander and Enterprise Investors.

Since 2019, following an MBO, she has been the owner and CEO of the company. As President of the Association of Collection Companies of Ukraine, she actively participates in working groups at Ministries, the National Bank of Ukraine and the Deposit Guarantee Fund — shaping the legal framework of the entire industry.

Market Timing Favours Growth

The NPL market remains large and accessible.

Portfolio prices are rising alongside increasing market professionalisation.

Judicial enforcement is becoming an increasingly important source of margin.

The Group is developing proprietary fintech products (EwaCash).

Opportunities for transactions with the largest market institutions are emerging.

Let's talk about cooperation opportunities

If you would like more information about the business model, financial results or investment opportunities — get in touch.