Lightspeed to open first office in Toronto

Jan 23 20:01 2020 Print This Article

Montreal-based point-of-sale and e-commerce company Lightspeed is set to open a new office in Toronto this month. This office represents the company’s 12th location globally and its third in Canada.

The company operates in more than 100 countries and boasts 900 employees.

The Toronto office will be located in the city’s downtown core, in what was once a west side garment factory. The same building is currently home to Verkspace. Lightspeed has not disclosed how many employees will occupy the new office.

Lightspeed currently has offices in Ottawa and Montreal, along with seven offices in Europe, one in Australia, and one in the United States. The Toronto outpost is expected to officially open on January 28.

The opening of the new office follows a significant year for Lightspeed, which went public on the Toronto Stock Exchange in March and made several strategic acquisitions, including Switzerland POS solutions provider iKentoo, Australia’s Kounta, and Chronogolf, a solution for golf course operators.

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