04:49 PM EDT, 09/25/2024 (MT Newswires) -- (Updates with JPMorgan's ( JPM ) response in the third paragraph.)

Canadian payments software company Lightspeed Commerce ( LSPD ) is working with a financial adviser to explore a potential sale, among other options, Reuters reported Wednesday, citing people familiar with the matter.

Lightspeed has enlisted investment bankers at JPMorgan Chase ( JPM ) to assess its options and explore the interest of potential buyers, which may include private equity firms, the sources reportedly told the news outlet.

JPMorgan ( JPM ) declined MT Newswires' request for comment, while Lightspeed did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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