Montrealers to observe in 2021: Dax Dasilva’s Lightspeed has liftoff


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As 2020 involves an in depth, the Montreal Gazette seems at individuals who will make an impression within the yr forward. T’Cha Dunlevy talks to them about what’s on their thoughts in these difficult instances.

For a man on the go, Dax Dasilva shows a disarming aura of calm.

“It’s been an enormous yr at Lightspeed,” mentioned the founder and CEO of the Montreal tech firm, launched 15 years in the past, which gives cloud fee processing techniques to small and medium-size companies. COVID-19 despatched its mission into overdrive.

“We serve retail, and eating places,” Dasilva mentioned. “Serving to our clients adapt and pivot through the pandemic has been a significant focus for the corporate. We have now proven we’re going to be an instrumental a part of the evolution of those companies, and a terrific, performing firm that’s profitable serving to companies.”

Lightspeed POS Inc. had reached a milestone in March 2019 by going public on the Toronto Inventory Change. In September, Lightspeed one-upped itself, itemizing on the New York Inventory Change, the place shares started buying and selling at US$30.50. In mid-December, shares have been buying and selling above US$57 and the corporate was price C$eight.four billion.