Meta to close down Novi crypto payments wallet in September 

Quick Take

  • The company formerly known as Facebook urged users to withdraw any remaining balances from their Novi accounts.
  • Meta said users could choose to transfer their funds to bank accounts or withdraw them as cash, where applicable. 

 

 

Meta plans to close down its Novi digital wallet on September 1, it announced on Novi’s website, informing customers that the Novi pilot is ending and will no longer be available. 

The company formerly known as Facebook urged users to withdraw any remaining balances from their Novi accounts before that date and said they could choose to transfer their funds to bank accounts or withdraw them as cash, where applicable. 

After the closure, users will no longer be able to log into the accounts and will lose access to their transactions and activities data, so they may wish to download that information now within the Novi app settings, the company added. 

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