Lightspeed Commerce (NYSE:LSPD) (NYSE:LSPD) is a global provider of cloud-based commerce platforms that empower small and medium-sized businesses (SMBs) in retail, hospitality and golf to run and grow their operations. Through its flagship point-of-sale (POS) system, Lightspeed offers integrated tools for inventory management, customer engagement, analytics and omnichannel sales, enabling merchants to sell seamlessly across in-store, online and mobile channels. The company’s payment processing solutions and built-in loyalty programs further streamline transactions and foster customer retention.
Founded in 2005 by entrepreneur Dax Dasilva and headquartered in Montreal, Quebec, Lightspeed has expanded its footprint across North America, Europe, Australia and Asia Pacific. The company maintains offices in key commercial hubs, including New York, London and Sydney, to support its diverse client base. Over the years, Lightspeed has bolstered its platform through strategic acquisitions, adding specialized offerings such as e-commerce site builders, restaurant management tools and analytics dashboards to deliver a comprehensive commerce suite.
Lightspeed’s platform is designed to scale with merchants as they grow, offering tiered service plans and modular add-ons that cater to single-location boutiques as well as multi-unit restaurant chains and franchise networks. Its software integrates with third-party applications for accounting, marketing and payment solutions, providing a unified ecosystem that reduces manual workflows and enhances operational visibility. Regular product updates and a developer-friendly API ensure that the platform evolves in line with emerging retail and hospitality trends.
Under the leadership of founder and long-time chief executive Dax Dasilva, Lightspeed has cultivated a reputation for innovation and customer-centric product development. The company continues to invest in research and development to expand its technology offerings and maintain its competitive edge in the dynamic global commerce landscape.
