The loan corresponds to 80% of the Brazilian software company's three-year investment plan.
RetailApp's innovative platform helps improve the performance of retail businesses by making key data available to every member of the retail organization.
Today, banks tend to see fintechs as potential strategic partners. Chilean insurers should do the same with insurtechs and do it now, an industry conference was told.
The company already offers its 911 interface service in a Mexico City neighborhood and wants to enter the insurance market.
The electronic tender will now take place on November 8.
The country surpassed Japan in sales and accounted for 4% of the Swedish company's global revenues in Q3. A third of Ericsson's sales are in the US.
The Mexican company reported an 8% increase in third quarter revenues to around US$180mn, helped by a rise in domestic advertising.