Lightspeed Commerce news and trends

Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Point of Sale // 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 to disclose more information except as required by its regulatory obligations. “While it is the...

Spreedly Appoints Lightspeed Commerce Veteran Peter Dougherty as President
Personnel // 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 a Tuesday (March 5) press release emailed to PYMNTS. “As the industry is in the...

Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
Earnings // February 08, 2024

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%...

Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
POS Innovation // January 25, 2024

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These new solutions join the company’s point-of-sale (POS) and payments platform that serves retail, hospitality and golf businesses in more than...

Quick Reads
Likely Lightspeed POS Suitors Include Worldpay and Private Equity

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 analyst Trevor Williams wrote in a note Wednesday (Sept. 25) that along with those potential buyers, Fiserv, Global Payments and Shift4 Payments are less likely […]

Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’

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...

Spreedly Appoints Lightspeed Commerce Veteran Peter Dougherty as President

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...

Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative

February 08, 2024
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%...