Your Money,
Your Control.
Save in USD, earn up to 6% APY.
No banks, borders, or middlemen.
Simple Savings
Self-Custody
You control access to your savings; not a bank or middleman
Stable USD Savings
Hold your savings in stable US dollars and earn up to 6% a year
Advanced Security
Encryption, multi-factor protection, and blockchain transparency keep your money safe 24/7.
Built for your phone
Easy onboarding, instant balance tracking, and quick ways to add or withdraw money locally.
Deposit, Earn, Withdraw
Our Ecosystem
Security You Can Trust
Frequently Asked Questions
What is Sovra?
Sovra is a mobile USD savings app built around self custody. Your money is held in your own wallet, under your control at all times. Sovra never has access to your funds. Sovra lets you hold digital dollars and, if you choose, earn yearly returns on them through decentralized finance.
Where are my funds held?
Your money is stored in your own self custody wallet. Only you control your private keys. Sovra cannot move, freeze, or access your assets.
Is Sovra safe?
Sovra uses strong encryption, multi factor authentication, and blockchain transparency. Because your funds remain in your own wallet, there is no central account that Sovra or a bank controls. If you choose to earn, we only integrate with established DeFi protocols that have a long operating history and significant assets secured.
How do I earn yearly returns?
Earning is always optional. If you opt in, the digital dollars in your Sovra wallet are supplied to established DeFi lending protocols such as Aave. Borrowers pay fees to use that liquidity, and those fees are returned to you as yearly returns. You can opt in or opt out at any time.
What are yearly returns?
Yearly returns represent the projected return over a year based on current market conditions. Because returns are generated from real time activity in DeFi lending markets, they can fluctuate. The current yearly return is always displayed clearly in the app before you opt in.
How is this different from bank interest?
Banks lend out your deposits and typically pay a fixed and often very low interest rate. Sovra's yearly returns are different because they are:
- Typically higher than traditional bank savings
- Permissionless, with no lockups or withdrawal restrictions
- Fully self custodial, with you in control at all times
- Market driven rather than fixed
Can I withdraw anytime?
Yes. You can withdraw your funds at any time with no penalties, no lockups, and no restrictions.
How do I add funds?
You can add funds by depositing digital dollars directly into your Sovra wallet, or by purchasing digital dollars using a debit card through our partners. Once your funds arrive in your wallet, you can choose whether or not to opt in to earning yearly returns.
What is the minimum deposit?
There is no minimum. You can start with any amount.
What happens if I lose my phone?
Your account can be recovered on a new device using your email and backup code. Your funds remain safe in your wallet.
What countries is Sovra available in?
Sovra is available in most of the MENA region, with expansion to other emerging markets planned. You can check availability in the app or join the waitlist if your country is not yet supported.
What does "Sovra" mean?
Sovra comes from a blend of 'Sovereign' and 'Era'. It reflects our belief in a new era of money where people everywhere can take control of their wealth without relying on banks, borders, or intermediaries.