Sending Money Home

Kevin Weil, Novi
In conversation with: Tina Seelig, Stanford University

One challenge to scaling Novi, explains Novi VP of Product Kevin Weil, is that Libra will require an integrated global ecosystem before it can become a part of peoples’ everyday lives. So how could Novi add value with their service before that ecosystem is fully built? He describes how the team zeroed in on remittances — cross-border payments often made by workers sending money back to family in their home countries.