With Lightspeed Commerce engaged in discussions of “potential strategic alternatives,” private equity firms and Worldpay are reportedly the most logical potential buyers of the point-of-sale (POS) and commerce platform. Jefferies analyst Trevor Williams wrote in a note Wednesday (Sept. 25) that along with those potential...
Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend to disclose more information except as required by its regulatory obligations. “While it is the...
Payments orchestration platform provider Spreedly has appointed Lightspeed Commerce veteran Peter Dougherty as president. In his new role, Dougherty will oversee marketing, sales, partnerships, customer success and support, and other go-to-market (GTM) functions, Spreedly said in a Tuesday (March 5) press release emailed to PYMNTS. “As the industry is in the...
Digital commerce firm Lightspeed continues to see success from its unified payments platform. The combined point-of-sale (POS) and payments platform, which debuted last year, helped increase the company’s gross payments volume (GPV) by 69% this year, management said during an earnings call Thursday (Feb. 8). Revenues were up 27%...
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 […]
September 27, 2024
With Lightspeed Commerce engaged in discussions of “potential strategic alternatives,” private equity firms and Worldpay are reportedly the most logical potential buyers of the point-of-sale (POS) and commerce platform. Jefferies...
September 25, 2024
Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend...
March 05, 2024
Payments orchestration platform provider Spreedly has appointed Lightspeed Commerce veteran Peter Dougherty as president. In his new role, Dougherty will oversee marketing, sales, partnerships, customer success and support, and other go-to-market (GTM) functions, Spreedly said in...
