Facebook Financial Formed to Pursue Company’s Payments Plans

Facebook Inc. unveiled a new group to pursue payments and commerce opportunities and put David Marcus, co-creator of its Libra cryptocurrency project, in charge of the initiative. Called F2 internally, short for Facebook Financial, the team will run all payments projects, including Facebook Pay, the company’s universal payments feature that it plans to build inside all of its apps. Marcus will continue running Novi, the division that is building a digital wallet to hold the Libra cryptocurrency. He will also be involved in WhatsApp’s payments efforts in countries like India and Brazil.”

Facebook Financial Formed to Pursue Company’s Payments Plans
https://pn.glenbrook.com/facebook-financial-formed-to-pursue-companys-payments-plans/?utm_source=rss&utm_medium=rss&utm_campaign=facebook-financial-formed-to-pursue-companys-payments-plans
https://pn.glenbrook.com/feed/
Payments News
Payments industry news curated by experts