Boom, massive impact on the POS industry. The timings are not related but Lightspeed being up for sale at the same time is telling a lot on how things are evolving. Crushing pincer from integrated PSPs and Chinese POS device makers. https://t.co/MkU65Kq4tE
Payments tech company Lightspeed Commerce conducting strategic review https://t.co/vY6rPOrUFc https://t.co/B9ezUQgWEt
Lightspeed Commerce latest Canadian tech company put up for sale https://t.co/jY3qAyqw5R https://t.co/JeJ2VVlM6P





Lightspeed Commerce Inc., a Canadian payments software firm, is reportedly exploring a potential sale. The company is working with JPMorgan Chase to evaluate its options, according to sources familiar with the matter. This strategic move comes amid leadership changes and profitability challenges faced by Lightspeed. The firm, which has a market value of C$2.8 billion, saw a CEO change in March. The exploration of sale options follows similar moves by other Canadian tech companies, indicating a broader trend in the industry. The news was first reported by Reuters and Seeking Alpha.