Novi news and trends

Meta to Repurpose Libra Wallet Tech for Web3
Meta // July 03, 2022

Facebook parent Meta told members it is closing its Novi digital wallet and they should remove their funds as soon as possible, certainly by September. Observers said the move is further evidence that Facebook has decided to move on from its Libra cryptocurrency experience. In...

Meta’s WhatsApp Launches Payments Pilot With Novi Crypto Wallet
Cryptocurrency // December 09, 2021

WhatsApp is launching a new pilot powered by Novi, Meta’s digital wallet, allowing some people in the U.S. to send and receive money from within a chat using cryptocurrency, according to multiple reports. The payments can be sent and received using Pax Dollars (USDP), a...

WhatsApp Beta Version Hints at P2P Payments in U.S. 
Mobile Applications // November 09, 2021

Code found in a recent WhatsApp version still under development suggests that the instant messaging app could be integrating with Facebook’s digital wallet, Novi, as well as a digital payment system, according to a Monday (Nov. 8) report from Android Central.  Facebook launched its long-awaited...

Remitly Pairs with Novi on Digital Wallet
Digital Payments // October 19, 2021

Digital financial services platform Remitly Global Inc. on Tuesday (Oct. 19) announced a collaboration with digital wallet Novi to support Novi’s pilot launch, including cash pickup in Guatemala. Novi is “enabling customers to send and receive money using the Pax Dollar (USDP) stablecoin, securely and...

Interviews & Exclusives
Facebook’s Novi Inches Toward Market Launch But Challenges Loom

August 19, 2021
Not with a bang but, perhaps, with a whimper. Novi is here, or at least it’s coming. And the question will be whether the new digital wallet, via Facebook, makes a splash in a field that is becoming, well, crowded. As noted in this space on Thursday (Aug. 19), the Big Tech juggernaut said its […]

Quick Reads
Meta to Repurpose Libra Wallet Tech for Web3

July 03, 2022
Facebook parent Meta told members it is closing its Novi digital wallet and they should remove their funds as soon as possible, certainly by September. Observers said the move is further evidence that Facebook has decided to move on from its Libra cryptocurrency experience. In May 2020, Facebook announced Novi with effusive language, stating in […]

Meta’s WhatsApp Launches Payments Pilot With Novi Crypto Wallet

December 09, 2021
WhatsApp is launching a new pilot powered by Novi, Meta’s digital wallet, allowing some people in the U.S. to send and receive money from within a chat using cryptocurrency, according...

WhatsApp Beta Version Hints at P2P Payments in U.S. 

November 09, 2021
Code found in a recent WhatsApp version still under development suggests that the instant messaging app could be integrating with Facebook’s digital wallet, Novi, as well as a digital payment...

Remitly Pairs with Novi on Digital Wallet

October 19, 2021
Digital financial services platform Remitly Global Inc. on Tuesday (Oct. 19) announced a collaboration with digital wallet Novi to support Novi’s pilot launch, including cash pickup in Guatemala. Novi is...