Lightspeed Launches Mobile Tap in Quebec, Expanding Tableside Payment Flexibility
Lightspeed has launched Mobile Tap in Quebec, enhancing its Lightspeed Tableside solution for restaurants. This mobile payment feature allows staff to take orders and process payments directly at tab...les, improving efficiency and customer experience. Mobile Tap supports various payment methods, including split checks and integrated tipping, and is designed for use with iPhone and iPad devices, offering a seamless, multilingual payment experience.
Lightspeed introduces new tools to make restaurant operations more efficient
Lightspeed has launched new tools aimed at enhancing restaurant operations. These tools are designed to improve efficiency in managing various aspects of restaurant businesses, likely through advance...d software solutions.
Lightspeed Launches Tempo to Bring Data-Driven Service Pacing to Restaurants
Lightspeed Commerce has launched Lightspeed Tempo, a new service pacing intelligence integrated into Lightspeed Restaurant. Tempo uses real-time dining flow data to optimize restaurant service, enhan...cing guest experiences and improving operational efficiency. This innovation aims to address staffing challenges and elevate dining experiences by transforming pacing into a measurable and coachable metric, ultimately driving customer satisfaction and loyalty.
Lightspeed Introduces Next-Generation Restaurant Tools to Streamline Operations and Improve Service Flow
Lightspeed Commerce Inc. has launched three new tools within its Lightspeed Restaurant platform: Lightspeed Tempo, Lightspeed Tasks, and Lightspeed Reservations. These tools aim to enhance restaurant... operations by optimizing service flow, improving guest experiences, and streamlining communication. The tools provide data-driven insights and features such as service pacing optimization, digital task management, and integrated booking systems, addressing challenges like staff shortages and high operational costs.
Lightspeed Commerce Unveils Tempo, a Revolutionary New Pacing Intelligence for Restaurants
Lightspeed Commerce has launched Tempo, a new pacing intelligence feature integrated into Lightspeed Restaurant. Tempo transforms restaurant service pacing from an art into a measurable and coachable... process, enhancing dining experiences, table turnover, and staff performance. This innovation uses real-time data to guide service moments, aiming to reduce wait times and improve guest satisfaction.
Lightspeed and Faire Launch Lightspeed Wholesale Integration to Power Brand Discovery and Smarter Buying
Lightspeed and Faire have launched a new integration that enhances Lightspeed Wholesale by connecting over 100,000 Faire brands directly within Lightspeed Retail. This integration simplifies product ...discovery and ordering, reducing operational complexity for retailers. It allows seamless syncing of Faire's orders, enabling retailers to efficiently manage inventory and diversify their product assortment.
Lightspeed and Faire Launch Lightspeed Wholesale Integration to Power ...
Lightspeed Commerce Inc. has launched a new integration with Faire, a B2B wholesale marketplace, enhancing its Lightspeed Wholesale feature. This integration allows retailers to access over 100,000 F...aire brands directly within Lightspeed Retail, streamlining product discovery and ordering processes. Retailers can now seamlessly import and sync Faire's orders, reducing operational complexity and improving efficiency.
WristCoin Cashless Integrates with Lightspeed Restaurant POS to Power Seamless Experiences for Hospitality Merchants
WristCoin Cashless has integrated its RFID wristband payment and access control system with Lightspeed Restaurant POS. This integration enhances guest experiences in hospitality settings by allowing ...seamless payments and access to rooms and lockers using a single wearable. The solution is designed for high-traffic environments like resorts and theme parks, aiming to streamline operations and increase revenue.
ENDVR and Lightspeed Partner to Launch the Future of Retail Sales Incentives with POS Automation
Lightspeed Commerce Inc. and ENDVR have formed a strategic partnership to automate retail sales incentives by integrating Lightspeed's POS system with ENDVR's platform. This collaboration aims to str...eamline sales tracking, eliminating manual processes for retail associates and managers, thereby enhancing efficiency and motivation. The integration is designed to support independent retailers by simplifying operations and strengthening brand relationships.
Lightspeed sells Upserve unit, sets 2027 EBITDA goal
Lightspeed Commerce is divesting its Upserve U.S. hospitality product line to Skyview Equity for up to $81 million, including a $37 million earnout. This move aligns with Lightspeed's strategy to foc...us on retail in North America and hospitality in Europe. The sale impacts its fiscal targets but maintains long-term growth rates, enhancing capital flexibility for strategic investments.
Lightspeed Sells Upserve for Up to $81M to Skyview
Lightspeed sold its non-core Upserve U.S. hospitality product line to Skyview Equity for up to $81 million, including a $37 million earnout. This divestiture aligns with Lightspeed's strategy to focu...s on retail in North America and hospitality in Europe. The transaction includes ~3,200 customer locations and ~70 employees. Lightspeed expects this move to enhance its revenue and gross profit growth trajectory.
Lightspeed Commerce Divests Upserve U.S. Hospitality Product Line to ...
Lightspeed Commerce has sold its Upserve U.S. hospitality product line to Skyview Equity for up to $81 million. This divestiture aligns with Lightspeed's strategy to focus on retail in North America ...and hospitality in Europe. The transaction includes 3,200 U.S. hospitality customer locations and 70 employees. The move is expected to enhance Lightspeed's revenue and gross profit growth.
Lightspeed raises yearly outlook again as fiscal Q3 earnings meet expectations
Lightspeed Commerce reported fiscal Q3 earnings, slightly exceeding revenue expectations with $312.3 million USD, despite a net loss of $33.6 million. The company raised its yearly outlook, anticipat...ing $1.22 billion in annual revenue. Lightspeed's strategy focuses on growth in North American retail and European hospitality markets, with AI tools enhancing merchant competitiveness. Subscription revenue grew, with 50% of North American merchants on annual plans.
Lightspeed Commerce Inc. will announce its third-quarter 2026 financial results on February 5, 2026, followed by a conference call and webcast at 8:00 am ET to discuss the results.
Lightspeed Announces First Quarter 2026 Financial Results
Lightspeed Commerce Inc. reported its first quarter 2026 financial results, showing a 15% increase in total revenue to $304.9 million and a 19% rise in gross profit. The company added approximately 1...,700 new customer locations, with notable customer wins in North America and Europe. Despite a net loss of $49.6 million, Lightspeed achieved strong growth in transaction-based and subscription revenues, and improved gross margins.
Lightspeed Commerce Appoints Bhawna Singh as Chief Technology Officer; Ships Wave of AI, Payments and Wholesale Innovations
Lightspeed Commerce has appointed Bhawna Singh as Chief Technology Officer to drive its AI roadmap and product innovations. Singh, with extensive experience in platform transformation, will enhance L...ightspeed's technical leadership. Concurrently, Lightspeed launched new AI-powered features across its retail and hospitality platforms, including integrations with Faire, AI-driven inventory tools, and enhanced payment capabilities, aiming to streamline operations and boost revenue.
