May 26, 2020 | Sector: Private sector

On 22 May 2020, Facebook introduced Novi — the new name and brand for the digital wallet that will help people send and hold Libra digital currencies.

“While we’ve changed our name from Calibra, we haven’t changed our long-term commitment to helping people around the world access affordable financial services. Whether you’re sending money home to support the family members who supported you, or you’re receiving money from your friends no matter where they are, the Novi wallet will make money work better for everyone”, wrote David Marcus, Head of Novi.