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Builders in Fintech

Sovra

Sovra is a company based in United Arab Emirates. Builders in Fintech has recorded 1 equity round for Sovra: a pre-seed round of $2M on 16 June 2026.

United Arab EmiratesWebsite

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Products
Total raised
$2M · equity rounds with a stated amount
Last round
Pre-seed · $2M · 16 June 2026 · led by Pharsalus Capital

Timeline

  1. Funding round

    Pre-seed · $2M · Pharsalus Capital (lead)

All funding rounds in the database

Product

Self-custodial global dollar account app to hold, send, earn and spend

Digital banking

Sovra is a mobile app that gives users an international dollar account they control themselves. Balances are held as digital dollars, backed one to one and issued by a regulated US company, in a wallet on the Base network that only the user controls. Users can earn a return paid by borrowers in established lending markets, spend with a virtual card, and hold their own USD or EUR IBAN. They can send money to other Sovra users or crypto wallets for free, to bank accounts via SEPA, ACH or wire, or through cash partners where supported. The company says the service is available in 180+ countries, that licensed partners run the banking, card and local payment services, and that Sovra never touches the funds.

Website

Agent-Ready: not yet assessed · How we check

Description from the company website · Source

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