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Sovra Raises $2.0M Pre-Seed

Recently funded · $2.0M Pre-seedFinancial ServicesUSView source

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Sovra, a startup building a self-custody savings app that promises users a safe way to grow their digital dollars, has closed a $2.0M pre-seed funding round. The platform is designed to operate entirely without traditional banks or financial middlemen, offering a direct and independent approach to digital asset management.

The early-stage investment drew support from a notable group of individuals and firms, including Pharsalus Capital, Karim Atiyeh, Hisham Al-Falih, Hany Rashwan, and NAGUIB SAWIRIS.

++ Sovra Builds Self-Custodial Digital Dollar Platform with $2M+ Funding Boost ++ Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding.

The round was led by Pharsalus Capital, with participation from leading regional and global angel investors, including Karim Atiyeh (founder of Ramp), Hisham Al-Falih (founder of Lean Technologies), Hany Rashwan (founder of 21shares), NAGUIB SAWIRIS (chairman of Orascom Development Holding AG) and other angel investors. Directly from their mobile phones, Sovra users can hold digital dollars, earn

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