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Novi is Facebook new digital wallet

Novi is Facebook's new digital wallet
Novi is Facebook’s new digital wallet

Formerly known as Calibra, Novi is a platform for sending and storing the Libra cryptocurrency.

Facebook presents Novi, the new name and visual identity of the digital wallet of the social network designed to send and store your Libra cryptocurrency.

“Calibra is now Novi,” David Marcus, head of Novi, said in a tweet published May 26, showing the new visual identity of Facebook‘s digital wallet. Marcus mentioned that Novi maintains Calibra’s commitment, which is to “help people around the world to access affordable financial services.”

According to Facebook, Novi refers to the Latin words “novus”, again, and “via”, on the way and, according to the technology giant, Novi is a new way to send money with a new visual identity that represents the movement of digital currencies. “We have also included a nod to the Libra icon in the brand logo to underscore our commitment to the Libra network,” wrote Marcus.

The Novi digital wallet will allow users to send money through a separate app, but it will also be integrated into Messenger and WhatApp. Also, the service will not make additional charges when sending, receiving or withdrawing money.

Novi customers will be verified by government identification and the service will have fraud protection and access to the customer service team 24 hours a day, 7 days a week. Marcus indicated that Novi will be introduced as soon as Libra becomes available.

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