Fibrazo
Seed
Fibrazo provides prepaid fiber-optic internet to underserved households in Latin America.
Founded
2020Fibrazo provides prepaid fiber-optic internet to underserved households in Latin America.
Fibrazo provides prepaid fiber-optic internet service for residential customers in underserved urban and rural areas. Customers can purchase internet access by the day, with speeds of 400, 600, or 800 Mbps, starting from approximately $2,500 Colombian pesos per day.
The service requires no long-term contracts, no installation fees, and no permanence clauses. Customers can recharge via multiple payment methods including Nequi, Super Giros, Efecty, and PSE. The company also operates a digital connectivity program for education, providing free internet access to low-income schools.
Fibrazo operates in a market of over 40 million households in Latin America that lack fixed broadband internet access. The company estimates this represents a $15 billion neglected market opportunity.
The United Nations recognized internet access as a human right in 2011, yet significant portions of the population remain disconnected. Fibrazo aims to reach more than 10 million households across Latin America, starting with its current operations in Colombia and Argentina and planning expansion to additional countries in the region.
Fibrazo's primary competitive advantage is its pay-as-you-go model, which eliminates the financial barriers that prevent low-income households from accessing high-speed internet. Unlike traditional telecommunications providers that require long-term contracts and charge installation fees, Fibrazo allows customers to purchase service by the day.
The company focuses specifically on barrios and neighborhoods that larger telcos have historically ignored, building last-mile fiber infrastructure in urban-peripheral and rural areas. Its deep understanding of local community dynamics enables penetration rates above market average.