The Montreal-based fintech said in a release it is “in discussions relating to a range of potential strategic alternatives.” The comments came after Reuters reported that the company had hired investment bankers at JPMorgan Chase to drum up interest from potential buyers. (The Logic, Reuters)

Talking point: Lightspeed founder Dax Dasilva returned to his previous position as CEO in February on a mission to revive the company’s lacklustre stock price, which was more or less flat five years after its initial public offering. But despite a cost-cutting mission that has included laying off 280 people, an improved full-year outlook for adjusted EBITDA profitability and revenue growth that beat expectations in its most recent quarterly results, shares of Lightspeed haven’t rebounded. Dasilva has previously mused about taking the company private, telling The Logic in March he was “passively receiving recommendations.”