Solstice Payments
On planPayments orchestration layer routing card and account-to-account transactions for subscription businesses.
FintechSeries BIrelandInvested Jun 30, 2022Lead: Jeff
Next board meeting
Tue, July 28
now
Status rationale: Volumes ahead of plan for a second quarter, with the account-to-account rail now a fifth of processed value.Updated Jul 20, 2026
ARR
£7.1m
Budget: £6.6m+8%
ARR Growth
22.0%
Budget: 18.0%+22%
Cash Balance
£6.4m
Budget: £6.0m+7%
Net Burn
£0.3m
Budget: £0.3m-15%
Runway
22.9 mo
Budget: 18.2 mo+26%
Gross Margin
74.0%
Budget: 72.0%+3%
Net Revenue Retention
117.0%
Budget: 110.0%+6%
Churn
3.2%
Budget: 4.0%-20%
Pipeline Value
£8.8m
Budget: £7.9m+11%
ARR Trend (last 5 quarters)
- £4.1mQ2 25
- £4.9mQ3 25
- £5.6mQ4 25
- £6.3mQ1 26
- £7.1mQ2 26
Metrics
Actuals vs plan, with extraction confidence.
| Metric | Value | vs. plan | Confidence |
|---|---|---|---|
| ARR | £7.1m | On plan | 92% |
| ARR Growth | 22.0% | On plan | 89% |
| Cash Balance | £6.4m | On plan | 95% |
| Net Burn | £0.3m | On plan | 82% |
| Runway | 22.9 mo | On plan | 76% |
| Gross Margin | 74.0% | On plan | 45% |
| Net Revenue Retention | 117.0% | On plan | 57% |
| Churn | 3.2% | On plan | 51% |
| Pipeline Value | £8.8m | On plan | 39% |