Lightspeed

Lightspeed Partners with dLocal to Power Payments for Independent Merchants in Mexico

Retrieved on: 
Tuesday, February 23, 2021
Software, Finance, Data management, Small business, Professional services, Technology, Mobile, Wireless, Security, Payment systems, Retailing, Business software, OXXO, Lightspeed, Online payments, dLocal, Lightspeed

The collaboration will allow Lightspeed merchants to accept local payment options across Latin America as the small business market in that region undergoes a rapid digital transformation.

Key Points: 
  • The collaboration will allow Lightspeed merchants to accept local payment options across Latin America as the small business market in that region undergoes a rapid digital transformation.
  • The direct integration, now live in Mexico, enables Lightspeed eCommerce merchants to effortlessly start accepting local payment methods in Mexican pesos.
  • OXXO, the leading cash payment method in Mexico, generates 20% of eCommerce sales in the country, according to dLocal data.
  • With the ability to offer a wider variety of payment methods, Lightspeed merchants can expect a revenue injection from new customers with increased access to their merchandise.

David Baga Named CEO of Even, the Responsible Earned Wage Access Company; Co-founder Jon Schlossberg Will Now Serve as Executive Chairman

Retrieved on: 
Monday, February 22, 2021
Wages and salaries, Baga, Lightspeed, Wage, E-commerce, Business, Economy

OAKLAND, Calif., Feb. 22, 2021 /PRNewswire/ -- Even , the responsible earned wage access platform, today announced that it has named David Baga as its new CEO and that co-founder Jon Schlossberg will now serve as Executive Chairman of the company.

Key Points: 
  • OAKLAND, Calif., Feb. 22, 2021 /PRNewswire/ -- Even , the responsible earned wage access platform, today announced that it has named David Baga as its new CEO and that co-founder Jon Schlossberg will now serve as Executive Chairman of the company.
  • Baga was most recently the Chief Operating Officer of Lightspeed Venture Partners.
  • Even's responsible earned wage access platform is provided as a benefit by forward-thinking employers who want to improve the financial health of their employees while boosting productivity and retention.
  • Baga was drawn to Even because of the opportunity to prove that purpose-driven, for-profit enterprises can make a positive difference at scale.

Telesat Lightspeed to Receive $400 Million Investment from the Government of Québec

Retrieved on: 
Thursday, February 18, 2021
Telesat, Lightspeed, E-commerce, Economy, Telecommunications

Telesat will invest $1.6 billion into Qubec, both directly and through its supply chain, which will include a significant portion of Lightspeed manufacturing and operations.

Key Points: 
  • Telesat will invest $1.6 billion into Qubec, both directly and through its supply chain, which will include a significant portion of Lightspeed manufacturing and operations.
  • Under the terms of the MOU, the investment by the Government of Qubec will consist of $200 million in preferred equity as well as a $200 million loan.
  • Your government will continue to invest to create better-paid jobs in Qubec, to build a more prosperous Qubec, and ensure a prouder Qubec!
  • We would like to thank Telesat for its confidence in MDA, and the Government of Qubec for its financial support.

Lightspeed Systems® Announces Integration of Leading Safety Alert and Classroom Management Software with Microsoft® Teams

Retrieved on: 
Wednesday, February 17, 2021
Content-control software, Internet safety, Lightspeed Systems, Lightspeed, E-commerce, Companies, Software

Austin, Texas, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Lightspeed Systems, the leading K-12 online safetyandeffectiveness solutions provider,announcestheintegrationof Lightspeed Alert and Lightspeed Classroom Management with prominentonline collaborationplatform, Microsoft Teams.

Key Points: 
  • Austin, Texas, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Lightspeed Systems, the leading K-12 online safetyandeffectiveness solutions provider,announcestheintegrationof Lightspeed Alert and Lightspeed Classroom Management with prominentonline collaborationplatform, Microsoft Teams.
  • Most of our flagged safety issues have been through the [Microsoft]Teamschat logs, shares Greg Hogan,NetworkData and Security Coordinator at Bibb County Public Schools.
  • Asalong-standing partnerforK-12 schools, were committed to continuously innovatingour solutions aslearning environmentsevolve, sharesBrianThomas,President & CEOat Lightspeed Systems.
  • With over 20 years providing technology to meet the needs of schools, Lightspeed Systems is themarket leader in online student safety and effectiveness.

Lightspeed Announces Launch of Marketed Public Offering of Subordinate Voting Shares

Retrieved on: 
Monday, February 8, 2021
Stock market, Financial markets, Finance, Financial economics, Lightspeed, Greenshoe, Shareholder

MONTREAL, Feb. 8, 2021 /PRNewswire/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD) (TSX:LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the launch of a marketed public offering of Lightspeed's subordinate voting shares in the United States and Canada.

Key Points: 
  • MONTREAL, Feb. 8, 2021 /PRNewswire/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD) (TSX:LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the launch of a marketed public offering of Lightspeed's subordinate voting shares in the United States and Canada.
  • Lightspeed and certain members of the Company's management including Dax Dasilva will also grant the Underwriters an over-allotment option, exercisable for a period of 30 days from the date of the closing of the offering, to purchase up to 1,050,000additional subordinate voting shares, representing in the aggregate 15% of the total number of subordinate voting shares to be sold pursuant to the offering.
  • Lightspeed will not receive any of the proceeds of the sale of subordinate voting shares by the selling shareholders.
  • Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements.

Vectorized Creates Redpanda, the Intelligent Data API Platform, backed by $15.5M initial funding from Lightspeed Venture Partners and GV

Retrieved on: 
Tuesday, January 26, 2021
Lightspeed Venture Partners, GV, Lightspeed, E-commerce, Finance, Service companies

SAN FRANCISCO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Vectorized, Inc. , the Intelligent Data API company, today announced the general availability of Redpanda, the Intelligent Data API Platform.

Key Points: 
  • SAN FRANCISCO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Vectorized, Inc. , the Intelligent Data API company, today announced the general availability of Redpanda, the Intelligent Data API Platform.
  • Vectorized also announced $15.5 million in a combination of Seed and Series A funding led by Lightspeed Venture Partners with participation by GV.
  • The funding will be used to accelerate product innovation, including Vectorized Cloud Services, and go-to-market activities.
  • We were excited to lead Vectorizeds initial seed financing with our friends at Haystack in 2019 to help bring his vision to reality.

Wintermute Raises $20M Series B Funding from Lightspeed Venture Partners and Pantera Capital to Scale its OTC, Derivatives and Asian Operations

Retrieved on: 
Wednesday, January 20, 2021
Professional services, Technology, Other Technology, Finance, Banking, Internet, Finance, Money, E-commerce software, Lightspeed, Financial markets, Venture capital, Professional services, Technology, Other Technology, Finance, Banking, Internet, Finance, Money, E-commerce software, Lightspeed, Financial markets, Venture capital, Wintermute, Lightspeed Venture Partners

Wintermute , an algorithmic liquidity provider for digital assets, today announced the close of a $20M Series B round led by Lightspeed Venture Partners (Lightspeed) with participation from Pantera Capital.

Key Points: 
  • Wintermute , an algorithmic liquidity provider for digital assets, today announced the close of a $20M Series B round led by Lightspeed Venture Partners (Lightspeed) with participation from Pantera Capital.
  • Wintermute has grown almost 25x since Lightspeed led the companys Series A round just six months ago.
  • We are excited to continue supporting Wintermute and their ambitious expansion plans going forward, says Jeremy Liew, Partner at Lightspeed.
  • www.wintermute.com
    Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, and Health sectors.

Lightspeed Announces Fiscal Third Quarter 2021 Financial Results Conference Call

Retrieved on: 
Tuesday, January 19, 2021
E-commerce software, Lightspeed, Omnichannel, Business, Service companies, Economy, Toronto Stock Exchange, New York Stock Exchange

MONTREAL, Jan. 19, 2021 /PRNewswire/ -Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based,omnichannel commerseplatforms, today announced it will report third quarter 2021 financial results before the market open on Thursday, February 4, 2021.

Key Points: 
  • MONTREAL, Jan. 19, 2021 /PRNewswire/ -Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based,omnichannel commerseplatforms, today announced it will report third quarter 2021 financial results before the market open on Thursday, February 4, 2021.
  • Management will host a conference call and webcast to discuss the Company's financial results at 8:00am ET on Thursday, February 4, 2021.
  • (The replay will be available approximately two hours after the completion of the live call until 11:59 p.m.
  • Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.

Lightspeed Systems® Recognized as a Tech & Learning Best of 2020 Winner for Lightspeed Analytics™

Retrieved on: 
Tuesday, January 12, 2021
E-commerce software, Lightspeed, E-commerce, Companies, Software

Austin, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and effectiveness solutions provider,was announced as a winnerin The Best of 2020 awards from Tech & Learning for itsinnovativeanalytics solution, Lightspeed Analytics .Winners were evaluated based on their value, uniqueness in the market, and ability tosolve specific challenges for educators and administrators.

Key Points: 
  • Austin, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and effectiveness solutions provider,was announced as a winnerin The Best of 2020 awards from Tech & Learning for itsinnovativeanalytics solution, Lightspeed Analytics .Winners were evaluated based on their value, uniqueness in the market, and ability tosolve specific challenges for educators and administrators.
  • Were honored to be recognized by Tech & Learning inTheBest of 2020 awards forLightspeed Analytics, shared Eileen Shihadeh, Chief Marketing Officer, Lightspeed Systems.
  • With over 20 years providing technology to meet the needs of schools, Lightspeed Systems is the pioneer and market leader in online student safety and effectiveness.
  • Lightspeed Systems is a proven partner for schools, serving over 20 million students in 39 countries and 28,000 schools globally, including 6,500 school districts in the United States.

Lightspeed Revolutionizes Supply Chain of Independent Retailers with Launch of Supplier Network

Retrieved on: 
Tuesday, January 12, 2021
Supply chain management, Marketing, Omnichannel, Business, Lightspeed, Supply chain, Economy, E-commerce

MONTREAL, Jan. 12, 2021 /PRNewswire/ - Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of the Lightspeed Supplier Network for North American retailers.

Key Points: 
  • MONTREAL, Jan. 12, 2021 /PRNewswire/ - Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of the Lightspeed Supplier Network for North American retailers.
  • "Connecting SMB retailers directly to their suppliers through the Lightspeed Supplier Network is nothing short of revolutionary.
  • Provides the same direct supplier access and inventory visibility as the big box stores, easily managed through a single platform.
  • The Lightspeed Supplier Network will be initially available for retailers in the Bike, Outdoor Sport, Jewelry and Pet verticals.