Fluke
Brazil
Fluke is a Brazilian full-digital mobile virtual network operator (MVNO) that provides mobile phone services through a fully digital platform, aiming to simplify and transform mobile phone contracts across Brazil. The company targets Brazilian consumers seeking flexible and transparent mobile plans, differentiating itself with a digital-first approach. Fluke was part of Y Combinator and attracted interest from fintechs for capital and revenue streams, but faced high costs and cash constraints, leading to layoffs of over 80% of its staff and an acquisition.