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Sovra
Sovra is a fintech company offering a global dollar account app that lets people send, earn, spend and transact with their money anywhere, with self-custodial control. It targets individuals seeking sovereign alternatives to fragile fiat and banking systems, particularly in emerging markets like Lebanon.
Distributed
Description
Sovra builds a mobile app providing users with a global dollar account, enabling them to send, earn, spend and transact with anyone, anywhere, while retaining full ownership and access to their money. The company was founded in response to the collapse of trust between people and traditional financial institutions, aiming to give individuals sovereign, self-custodial alternatives to fragile fiat and banking systems. Its focus is on restoring financial dignity, especially for people in regions with unstable banking systems such as Lebanon. Sovra is backed by global investors including Pharsalus Capital, a VC firm investing in financial technology in emerging markets, as well as angel investors from companies like 21shares, Lean Technologies, and Ramp.Grant Funding
VC Funding
None
2026
$0
$2M