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Novi (digital wallet)

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Novi
Developer(s)Facebook, Inc.
Initial release2021 (2021)
Engine
    Operating systemiOS, Android
    TypeMobile payment
    Websitewww.novi.com

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    Novi is a mobile payment service developed by Facebook, allowing users to transfer Diem dollars to one another using a mobile phone app. The Diem Association, an independent organization set up by Facebook, is responsible for managing the cryptocurrency. Diem is backed by the U.S. dollar and will launch in 2021.[1]

    References[edit]

    1. "Facebook-backed Diem has cleared regulatory hurdles to finally launch in Q1". Business Insider. 2021-02-25. Retrieved 2021-04-11.



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