Sovra
Founded in
Sovra's profile
Mission
To provide a low-barrier, bankless gateway to the global economy
Vision
A world where financial sovereignty is accessible to everyone, everywhere, regardless of the stability of their local currency or the restrictions of their local banks.
How it began
1) Triggered by the collapse of trust in traditional banking systems, particularly in Lebanon.
2) Built from a personal need for secure and independent financial control.
3) Driven by the opportunity to serve underbanked populations across MENA.
How it's going
1) Raised $2.2M pre-seed funding and entered beta phase.
2) Strong early traction with positive adoption among younger users.
3) Focused on user retention and increasing platform usage.
Products & Services
Sovra Finance
In Development
Type:
Product
A low-KYC, bankless app for instant global financial access, USD savings, and yield without traditional barriers.
Organisation details
Markets
Market served
Business model
Organisation type
Organisation sector
Location
Beirut, Beirut Governorate, Lebanon LA: 33.89054858056577 LO: 35.505248551716235
Other coverages
Sovra
A self-custodial fintech app giving MENA users full ownership of their money through DeFi infrastructure.
April 27, 2026
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