Lightspeed (LSPD.TO) a fascinating growth story from Montréal

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It still looks a bit early to buy LSPD.TO but I’m watching.

Some call it a small Shopify. If the stock could end up with the same growth Shopify’s stock has had that would be incredible. I personally don’t think comparing Lightspeed to Shopify is really a great comparison but I do love Lightspeed as a company. Their growth story is fabulous.

Some call it a small Shopify. If the stock could end up with the same growth Shopify’s stock has had that would be incredible. I personally don’t think comparing Lightspeed to Shopify is really a great comparison but I do love Lightspeed as a company

Wikipedia has the whole Lightspeed story if you’d like to learn everything. At first, Dax Dasilva founded Lightspeed to help businesses create a great online experience. That’s really close to Shopify’s goals. But later Lightspeed really moved to being the first interactive POS platform that would give retailers innovative sales and inventory management tools.

Lightspeed was the iNovia portfolio star. In March 2019, the company went public and it’s currently traded on Toronto Stock Exchange under the symbol LSPD.

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Simon B.

I'm Simon, CEO and founder at Wealthica. Coding and building Fintech apps from Montréal.

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Simon B.

I'm Simon, CEO and founder at Wealthica. Coding and building Fintech apps from Montréal.

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