Sovra
United States, Delaware
About Sovra
Sovra is a fintech startup building a self-custodial global dollar account that lets users hold US-dollar stablecoins (USDC), earn yield, send money internationally in seconds, and spend via Visa- and Mastercard-supported cards, all from a mobile app the user alone controls. Founded in 2025 by Ahmad Wehbi after Lebanon's 2019 banking collapse, the company targets young professionals, students, and the diaspora across the MENA region with a distributed team spanning the Middle East and Europe.
Latest Funding
SeedAnnounced 2026-06-16
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
2 signals · where the capital is going
Sovra will use the pre-seed proceeds to expand its engineering and product teams ahead of its public launch.
wamda.com
+1 more capital deployment signal · confidence ratings · source articles
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Investors
Karim Atiyeh
Lead investor · Seed
Tech Stack
Amazon S3
Amazon Web Services
Amazon CloudFront
Key Highlights
AI InsightsRound drew prominent fintech angels alongside lead Pharsalus Capital: Karim Atiyeh (Ramp), Hisham Al-Falih (Lean Technologies), Hany Rashwan (21shares) and Naguib Sawiris (Orascom Development chairman).
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