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Remitly Announces New Partnership With Novi For The Pilot Of Its Digital Wallet | Fintech Finance

October 19 2021

Remitly Announces New Partnership With Novi For The Pilot Of Its Digital Wallet

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Remitly Global Inc, a leading digital financial services provider for immigrants and their families, today announced a partnership with Novi, a next generation digital wallet. To support its pilot launch, Novi is leveraging Remitly’s custom-built global network to enable cash pickup in Guatemala. Remitly’s global payments network spans over 1,700 corridors, serving customers in 17 countries, sending to over 115 receive countries.

With the launch of the pilot program, Novi is enabling customers to send and receive money using the Pax Dollar (USDP) stablecoin, securely and without fees. In alignment with its mission, Remitly is pleased to support Novi’s initiative to open new channels of financial access and inclusion. Novi is now available to a limited number of customers in the US and Guatemala.

Remitly launched Remitly For Developers, a cross-border payments offering that leverages Remitly’s custom-built global network and compliance and regulatory infrastructure in 2020. With Remitly for Developers, businesses can integrate this network and infrastructure into their applications and websites through a simple API. This enables them to offer cross-border payments to their customers and introduce new digital solutions in emerging markets

Companies In This Post

Remitly | Fintech Finance

Remitly
Novi | Fintech Finance

Novi
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