Retailers and restaurants have embraced the company’s commerce platform, and Lightspeed now has 800 employees working in offices located in Canada, The United States, Europe, and Australia. Lightspeed POS is carving out a niche in the point-of-sale (POS) segment, providing nearly 50,000 customers in 100 countries with a one-stop scalable solution to engage with customers, accept payments, manage their operations, and grow their businesses. Small- and medium-sized firms in particular can now compete with larger corporations by offering services that would have previously been financially impossible. ProfileĬloud-based businesses are all the rage these days, as companies turn to third-party software providers to handle services and processes that used to require massive investments in equipment and staff.
Lightspeed POS (TSX:LSPD) has gone from an unknown tech play to a market darling in recent months, and investors are wondering if the Montreal-based company is set to be the next Canadian tech stock superstar.
