Lightspeed news and trends

Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
Earnings // August 01, 2024

Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which also saw the company release new inventory management features for its ICP (ideal customer profile)...

NuORDER Teams With Spreedly on Payments Vaulting
Partnerships // May 23, 2024

Open payments platform Spreedly has launched a partnership with B2B commerce company NuORDER by Lightspeed. The partnership is designed to leverage “advanced payments vaulting solutions” to secure customer data during wholesale transactions, according to a Wednesday (May 22) blog post. NuORDER’s B2B platform powers wholesale buying and selling,...

Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
Point of Sale // May 18, 2024

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for...

Restaurant POS System Provider Lightspeed Considering Going Private
Business // March 25, 2024

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO and founder of Lightspeed, wonders if going private would be a better option, Bloomberg reported Monday (March 25), citing an...

Interviews & Exclusives
Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth

May 18, 2024
Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for their customers’ top needs. And against the current dynamic operating […]

The SMB Loyalty Scene In Australia Will Never Be The Same – And That’s A...

July 29, 2021
Small businesses worldwide were hit hard by the COVID-19 pandemic, and Australia was no exception. Derailed by physical location closures and the trepidations of consumers, shopkeepers and entrepreneurs nationwide were forced...

Quick Reads
Lightspeed Focuses on Software Revenue and Stays Mum on Sale Rumors

November 07, 2024
With revenues climbing, Lightspeed Commerce says it is focusing on its software offerings. The point of sale and digital commerce firm announced earnings Thursday showing total revenues of $277 million, a 20% increase year over year. Of that, $183.3 million came from transaction-based revenue — up 33% — while subscription revenue climbed 6% to $85.5 million. On […]

Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%

August 01, 2024
Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which...

NuORDER Teams With Spreedly on Payments Vaulting

May 23, 2024
Open payments platform Spreedly has launched a partnership with B2B commerce company NuORDER by Lightspeed. The partnership is designed to leverage “advanced payments vaulting solutions” to secure customer data during wholesale transactions, according...

Restaurant POS System Provider Lightspeed Considering Going Private

March 25, 2024
Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO and founder of Lightspeed, wonders...