Sovra Raises $2M Pre-seed

Sovra, a fintech startup based in the Middle East and Europe, has raised more than $2 million in a pre-seed funding round. The platform allows users to manage digital dollars, earn yield, and conduct global transfers through a self-custodial account integrated with Visa and Mastercard networks.

Investors

The round was led by Pharsalus Capital, with participation from regional and global angel investors, including Karim Atiyeh, Hisham Al-Falih, Hany Rashwan, and Naguib S. Sawiris.

Sovra Use of Funds

The company will use the capital to expand its engineering and product teams in preparation for its public launch.

About Sovra

Founded in 2025 by Ahmad Wehbi, Sovra is a fintech platform designed to provide users with a global dollar account. Its mission is to offer financial access and autonomy by removing intermediaries, allowing users to hold, earn, and spend digital assets through a self-custodial architecture.

Funding Details

Company Website: https://sovra.finance

Company: Sovra
Raised: $2M
Round: Pre-seed
Funding Date: June 16, 2026
Lead Investor: Pharsalus Capital
Additional Investors: Karim Atiyeh, Hisham Al-Falih, Hany Rashwan, Naguib S. Sawiris
Software Category: Fintech
Source: https://www.wamda.com/2026/06/sovra-lands-2-million-pre-seed-led-pharsalus-capital