Lightspeed

Project Bike Tech in School Partners With Lightspeed to Make Graduates Workforce Ready

Retrieved on: 
Wednesday, June 9, 2021

"We are excited to have this amazing opportunity to introduce students to the point-of-sale system that many bike and outdoor retailers are using," said Project Bike Tech Executive Director Mercedes Ross.

Key Points: 
  • "We are excited to have this amazing opportunity to introduce students to the point-of-sale system that many bike and outdoor retailers are using," said Project Bike Tech Executive Director Mercedes Ross.
  • "Lightspeed will be an integral part of the Bike Tech in School classroom and curriculum moving forward."
  • With the new integration of Lightspeed into the Project Bike Tech in School curriculum, students will participate in all phases of day-to-day operations that occur in retail environments.
  • Founded in 2007 in Santa Cruz, California, Project Bike Tech developed the UC-accredited college-and-career-ready class, Bike Tech in School, that uses bicycle mechanics as a conduit to teach Common CORE and STEM elements to high school students.

Lightspeed to acquire Ecwid and NuORDER to unify commerce ecosystem and ignite business creation

Retrieved on: 
Monday, June 7, 2021

Lightspeed will acquire Ecwid , a US-based best-in-class global eCommerce platform, that allows customers to create standalone businesses in minutes.

Key Points: 
  • Lightspeed will acquire Ecwid , a US-based best-in-class global eCommerce platform, that allows customers to create standalone businesses in minutes.
  • "As economies reopen and business creation accelerates, we hope to embolden entrepreneurs with the tools they need to simplify their operations and scale their ambitions."
  • The power of connected commerce comes to life now," said NuORDER co-founders andco-CEO's Olivia Skuza and Heath Wells.
  • Morgan Stanley & Co. LLC served as exclusive financial advisor to Ecwid and RBC served as advisor to Lightspeed on the Ecwid transaction.

Lightspeed to acquire Ecwid and NuORDER to unify commerce ecosystem and ignite business creation

Retrieved on: 
Monday, June 7, 2021

Lightspeed will acquire Ecwid , a US-based best-in-class global eCommerce platform, that allows customers to create standalone businesses in minutes.

Key Points: 
  • Lightspeed will acquire Ecwid , a US-based best-in-class global eCommerce platform, that allows customers to create standalone businesses in minutes.
  • "As economies reopen and business creation accelerates, we hope to embolden entrepreneurs with the tools they need to simplify their operations and scale their ambitions."
  • The power of connected commerce comes to life now," said NuORDER co-founders andco-CEO's Olivia Skuza and Heath Wells.
  • Morgan Stanley & Co. LLC served as exclusive financial advisor to Ecwid and RBC served as advisor to Lightspeed on the Ecwid transaction.

Lightspeed Announces Resignation of Board Member Manon Brouillette

Retrieved on: 
Thursday, June 3, 2021

"On behalf of Lightspeed, I would like to congratulate Manon Brouillette for her appointment to the newly created role of Verizon Consumer Group's (VCG) Chief Operation Officer and Deputy CEO," said Dax Dasilva, Lightspeed Founder and CEO.

Key Points: 
  • "On behalf of Lightspeed, I would like to congratulate Manon Brouillette for her appointment to the newly created role of Verizon Consumer Group's (VCG) Chief Operation Officer and Deputy CEO," said Dax Dasilva, Lightspeed Founder and CEO.
  • "Manon has brought invaluable insight and expertise to our business during her tenure on our Board.
  • Brouillette is one of Canada's most accomplished executives having previously led telecommunications giant Videotron.
  • With regard to the vacancy on its Board created by Ms. Brouillette's departure, Lightspeed has committed itself to achieving, at a minimum, 33% female representation on its Board of Directors prior to its August 2022 annual meeting.

SagacityCM Media Video Discusses the XTM Inc Tipstoday(TM) Program Integration with Lightspeed's POS Systems Used by 115,000+ Business Locations Across North America

Retrieved on: 
Thursday, June 3, 2021

The solution will allow Lightspeed merchants to seamlessly deploy the Today Mobile employee earned wage access solution with no friction to their business.

Key Points: 
  • The solution will allow Lightspeed merchants to seamlessly deploy the Today Mobile employee earned wage access solution with no friction to their business.
  • XTM will begin integrating the Today employee solution to businesses on the Lightspeed platform.
  • "With XTM talks already in progress with top tier golf courses, we are confident that this single integration with Lightspeed will exponentially increase our user base with very little friction."
  • We harness the power of social media to help inform and stay connected with investors throughout the digital landscape.

XTM's Today™ Solution -- The First Gratuity Solution to Launch on The Lightspeed Commerce Platform

Retrieved on: 
Thursday, June 3, 2021

The solution will allow Lightspeed merchants to seamlessly deploy the Today Mobile employee earned wage access solution with no friction to their business.

Key Points: 
  • The solution will allow Lightspeed merchants to seamlessly deploy the Today Mobile employee earned wage access solution with no friction to their business.
  • "At Lightspeed, our ultimate goal is to help modern businesses simplify, scale and provide exceptional customer experiences," said Peter Dougherty , VP of Partnerships at Lightspeed.
  • Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences.
  • XTM will begin integrating the Today employee solution to businesses on the Lightspeed platform.

Wedbush Futures Expands Clearing Footprint in Support of New Futures Exchange, FairX Slated for Launch in June

Retrieved on: 
Thursday, May 27, 2021

Wedbush is excited to become a clearing firm supporting FairX, stated Bob Fitzsimmons, EVP, Fixed Income, Commodities, and Stock Lending.

Key Points: 
  • Wedbush is excited to become a clearing firm supporting FairX, stated Bob Fitzsimmons, EVP, Fixed Income, Commodities, and Stock Lending.
  • Neal Brady, CEO of FairX, added, FairX took great encouragement from initial discussions with Wedbush.
  • Wedbush Futures, a division of Wedbush Securities Inc., is one of the largest non-bank Futures Commission Merchants (FCM) in the United States.
  • Located in Chicago, Wedbush Futures is at the forefront of our business, with deep industry specialization and a distinguished track record in financial derivatives.

BriteCo partners with Lightspeed POS to offer free appraisal system for retail jewelers and A+ rated insurance for their customers

Retrieved on: 
Tuesday, May 25, 2021

BriteCo's free, automated appraisal system integrates with Lightspeed allowing retail jewelers to save time and generate income in conducting and managing appraisals.

Key Points: 
  • BriteCo's free, automated appraisal system integrates with Lightspeed allowing retail jewelers to save time and generate income in conducting and managing appraisals.
  • Once an appraisal is finalized, retail jeweler customers receive a no obligation insurance quote directly from BriteCo that enables them to get their purchase covered in under five minutes.
  • Lightspeed jewelry retailers can access the BriteCo appraisal system right from the Lightspeed dashboard.
  • "The BriteCo jewelry appraisal system integration and instant insurance offering is another way Lightspeed is empowering retail jewelers to grow their business with optimized technology," said Lightspeed VP of Partnerships, Peter Dougherty.

Telesat Reports Results for the Quarter Ended March 31, 2021

Retrieved on: 
Friday, May 14, 2021

b'OTTAWA, May 14, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three-month period ended March 31, 2021.

Key Points: 
  • b'OTTAWA, May 14, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three-month period ended March 31, 2021.
  • This was partially offset by higher wages due to the hiring of additional employees to support the Telesat Lightspeed program.
  • Adjusted for changes in foreign exchange rates, Adjusted EBITDA1 declined by 5% ($9 million) compared to the first quarter of 2020.
  • ET to discuss its financial results for the three-month period ended March 31, 2021.

Lightspeed teams up with Google to help retailers increase local shopping revenue

Retrieved on: 
Tuesday, May 11, 2021

Searches for "local" + "business(es)" have grown by more than 80% year over year, including searches like "local businesses near me" and "support local businesses."

Key Points: 
  • Searches for "local" + "business(es)" have grown by more than 80% year over year, including searches like "local businesses near me" and "support local businesses."
  • "\nThe global collaboration between Lightspeed and Google integrates three crucial tools directly into the Lightspeed platform: Google Local Inventory Ads, Google Smart Shopping Campaigns, and Google My Business.
  • The new Google integration includes:\nGoogle Local Inventory Ads: Retailers can reach local customers with local inventory ads, from directly within the Lightspeed platform.
  • "\nThis new offering from Lightspeed and Google will give retailers increased opportunity to meet consumer needs in 2021, which have fundamentally pivoted to prioritizing shopping local.