Lightspeed Bolsters Presence in Asia-Pacific Market as Another World-Class Team Joins the Fold
Lightspeed POS Inc., a leading omnichannel point of sale platform for over 51,000 customer locations worldwide, announced that it has entered into an agreement to acquire Australia-based Kounta Holdings Pty Ltd, a rapidly growing, cloud-based POS solutions provider to small and medium-sized businesses operating within the hospitality industry.
Combining with Kounta will strengthen Lightspeed’s resources to provide even greater customer experiences as it expands into the Asia-Pacific region, while tapping the talent and expertise needed to accelerate Lightspeed’s mission of becoming the leading global POS platform for small and medium-sized businesses, the backbone of vibrant cities and communities throughout the world.
The purchase bolsters Lightspeed’s footprint across Australia and New Zealand by more than 7,000 customer locations, including leading small and medium-sized brands across cafes, bars, full service restaurants, high-end boutique hotels, and more.
“Kounta’s impressive track record is thanks to its team, and we are excited to welcome them into the Lightspeed family,” said Dax Dasilva, Founder and CEO of Lightspeed. “When smart minds collaborate, our merchants are the main beneficiaries of the resulting innovation, ultimately enabling SMBs around the world to reach their full potential through our technology.”
“Joining Lightspeed, a recognized global leader, is a testament to our hard work and also a shared passion for empowering independent businesses,” said Nick Cloete, Founder and CEO of
Kounta. “We are immensely proud to partner with a company so well aligned on purpose, culture and technology.”